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SBA 7(a) franchise lending portfolio
WestStar Bank
AVERAGE risk
- Total loans
- 35
- Loan volume
- $6.7M
- Avg loan size
- $192K
- Default 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% |
| Postal Annex Plus | 3 | $180K | 33.3% |
| Cold Stone Creamery, Inc. | 3 | $411K | 0.0% |
| Golden Corral (restaurant) | 3 | $1.1M | 0.0% |
| Pistol Pete's Pizza | 2 | $967K | 0.0% |
| Tcby | 2 | $95K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $100K | 0.0% |
| Signs By Tomorrow | 1 | $62K | 0.0% |
| Gingiss Formal Wear | 1 | $98K | 0.0% |
| New Horizon | 1 | $135K | 0.0% |
| Dairy Queen | 1 | $340K | 0.0% |
| Texaco Service Station | 1 | $328K | 0.0% |
| Charley's Grilled Subs | 1 | $108K | 0.0% |
| Comfort Keepers | 1 | $60K | 0.0% |
| All Tune And Lube | 1 | $93K | 100.0% |
| Alphagraphics | 1 | $20K | 0.0% |
| Midas | 1 | $150K | 0.0% |
| PLAYlive Nation | 1 | $760K | 0.0% |
| Casa Ole | 1 | $98K | 0.0% |
| AlphaGraphics | 1 | $333K | 100.0% |
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 default rate by loan vintage
BrandNational avg
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%).