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SBA 7(a) franchise lending portfolio
Woodforest National Bank
CRITICAL risk
- Total loans
- 57
- Loan volume
- $20.0M
- Avg loan size
- $351K
- Default rate
- 24.6%
- vs 15.4% national avg
Defaults
14
Avg interest
6.28%
Franchises funded
36
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Wingstop Restaurant | 5 | $2.9M | 20.0% |
| Red Brick Pizza | 4 | $981K | 75.0% |
| Waffle House | 4 | $500K | 0.0% |
| The UPS Store | 4 | $1.5M | 0.0% |
| Cold Stone Creamery, Inc. | 3 | $1.1M | 66.7% |
| Philly Connection | 2 | $300K | 0.0% |
| Egg & I Restaurant (the) | 2 | $1.0M | 0.0% |
| Pizza Factory | 2 | $770K | 50.0% |
| Quiznos | 2 | $390K | 0.0% |
| Church's Fried Chicken | 2 | $1.4M | 0.0% |
| UPS Store | 2 | $472K | 0.0% |
| Ace Hardware | 1 | $250K | 0.0% |
| It's A Grind Coffee | 1 | $175K | 100.0% |
| Liberty Tax Service | 1 | $78K | 0.0% |
| A+ Transmission | 1 | $633K | 0.0% |
| Precision Door Service | 1 | $645K | 100.0% |
| Merle Norman Cosmetics | 1 | $92K | 0.0% |
| Dickey's Barbeque | 1 | $150K | 0.0% |
| Jani-King (janitor's Service) | 1 | $620K | 0.0% |
| Smoothie King (health Food Sto | 1 | $200K | 100.0% |
Lending volume by year
2'00
2'02
5'03
14'04
12'05
9'06
2'07
1'08
2'09
1'10
2'12
2'14
1'16
1'17
1'19
Woodforest National Bank default rate by loan vintage
BrandNational avg
Geographic exposure
5425.9%
30.0%
Portfolio summary
Total funded$20.0M
Defaults14 of 57
Risk tierCRITICAL
Avg rate6.28%
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%).