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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Waukesha State Bank

GOOD risk
Total loans
78
Loan volume
$32.2M
Avg loan size
$413K
Charge-off rate
6.1%
vs 15.4% national avg

Defaults

3

Avg interest

6.90%

Franchises funded

48

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Central Bark Doggy Day Care11$5.4M0.0% (low risk)
Subway Sandwich Shop6$814K0.0% (low risk)
Rosati's Pizza3$330K0.0% (low risk)
Moe's Sw Grill3$492K0.0% (low risk)
Signs By Tomorrow2$297K0.0% (low risk)
Quiznos2$300K0.0% (low risk)
Domino's Pizza2$115K0.0% (low risk)
1-800 Water Damage2$225K0.0% (low risk)
Holiday Inn Express2$4.3M0.0% (low risk)
Central Bark Doggy Day Care2$735K0.0% (low risk)
World Fuel Services - Wholesal2$2.3MN/A
Rosati's Pizza2$731KN/A
Piggly Wiggly2$582KN/A
World Fuel Services Inc. aka L2$2.6M0.0% (low risk)
H&R Block - Franchise License2$610KN/A
I Can't Believe It's Yogurt1$150K0.0% (low risk)
Express Personnel Services1$40K0.0% (low risk)
Fast Frame1$110K100.0% (very high risk)
Car-X Auto Service1$664K100.0% (very high risk)
Quizno's Subs1$60K100.0% (very high risk)

Waukesha State Bank charge-off rate by loan vintage

BrandNational avg
Waukesha State Bank charge-off rate by loan vintage. Showing 8 vintages from 2004 to 2021. Rates range from 0.0% to 25.0%.0%5%10%15%20%25%'04'08'12'14'21

Geographic exposure

756.4% (moderate risk)
10.0% (low risk)
10.0% (low risk)

Portfolio summary

Total funded$32.2M
Defaults3 of 78
Risk tierGOOD
Avg rate6.90%

Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict

Charge-off 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%), High Risk (>20%).

Frequently asked questions

How many SBA 7(a) franchise loans has Waukesha State Bank originated?
78 loans totaling $32.2M. The portfolio carries a 6.1% charge-off rate, earning a “GOOD” risk rating.
What is the charge-off rate and why does it matter?
Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
Where does this lending data come from?
SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
Which franchise brands does Waukesha State Bank fund the most?
The “Top franchise exposures” table above lists the brands Waukesha State Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.