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SBA 7(a) franchise lending portfolio
Waterford Bank, National Association
GOOD risk
- Total loans
- 12
- Loan volume
- $10.4M
- Avg loan size
- $865K
- Default rate
- 9.1%
- vs 15.4% national avg
Defaults
1
Avg interest
5.55%
Franchises funded
10
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Tim Hortons | 3 | $1.1M | 0.0% |
| AAMCO Transmissions | 1 | $163K | 100.0% |
| Subway | 1 | $3.2M | 0.0% |
| The Learning Experience | 1 | $439K | 0.0% |
| Comfort Inn | 1 | $1.9M | 0.0% |
| True Rest | 1 | $355K | 0.0% |
| Little Caesar Pizza | 1 | $150K | 0.0% |
| True REST | 1 | $400K | 0.0% |
| Culver's | 1 | $2.3M | 0.0% |
| Restore Hyper Wellness | 1 | $365K | — |
Lending volume by year
1'05
1'13
1'14
2'15
2'16
2'17
1'18
1'19
1'20
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), Critical (>20%).