WB
SBA 7(a) franchise lending portfolio
WestStar Bank
AVERAGE risk
- Total loans
- 35
- Loan volume
- $6.7M
- Avg loan size
- $192K
- Charge-off rate
- 11.8%
- vs 15.4% national avg
Defaults
4
Avg interest
5.85%
Franchises funded
21
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jani-King (janitor's Service) | 7 | $116K | 14.3% (elevated risk) |
| Postal Annex Plus | 3 | $180K | 33.3% (very high risk) |
| Cold Stone Creamery, Inc. | 3 | $411K | 0.0% (low risk) |
| Golden Corral (restaurant) | 3 | $1.1M | 0.0% (low risk) |
| Pistol Pete's Pizza | 2 | $967K | 0.0% (low risk) |
| Tcby | 2 | $95K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $100K | 0.0% (low risk) |
| Signs By Tomorrow | 1 | $62K | 0.0% (low risk) |
| Gingiss Formal Wear | 1 | $98K | 0.0% (low risk) |
| New Horizon | 1 | $135K | 0.0% (low risk) |
| Dairy Queen | 1 | $340K | 0.0% (low risk) |
| Texaco Service Station | 1 | $328K | 0.0% (low risk) |
| Charley's Grilled Subs | 1 | $108K | 0.0% (low risk) |
| Comfort Keepers | 1 | $60K | 0.0% (low risk) |
| All Tune And Lube | 1 | $93K | 100.0% (very high risk) |
| Alphagraphics | 1 | $20K | 0.0% (low risk) |
| Midas | 1 | $150K | 0.0% (low risk) |
| PLAYlive Nation | 1 | $760K | 0.0% (low risk) |
| Casa Ole | 1 | $98K | 0.0% (low risk) |
| AlphaGraphics | 1 | $333K | 100.0% (very high risk) |
Lending volume by year
2'92
2'93
6'95
6'96
2'97
2'98
1'03
3'05
1'07
2'09
1'10
1'11
2'12
2'13
1'16
1'25
WestStar Bank charge-off rate by loan vintage
BrandNational avg
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 WestStar Bank originated?
- 35 loans totaling $6.7M. The portfolio carries a 11.8% charge-off rate, earning a “AVERAGE” 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 WestStar Bank fund the most?
- The “Top franchise exposures” table above lists the brands WestStar 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.