WN
SBA 7(a) franchise lending portfolio
Woodforest National Bank
CRITICAL risk
- Total loans
- 57
- Loan volume
- $20.0M
- Avg loan size
- $351K
- Charge-off 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% (very high risk) |
| Red Brick Pizza | 4 | $981K | 75.0% (very high risk) |
| Waffle House | 4 | $500K | 0.0% (low risk) |
| The UPS Store | 4 | $1.5M | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 3 | $1.1M | 66.7% (very high risk) |
| Philly Connection | 2 | $300K | 0.0% (low risk) |
| Egg & I Restaurant (the) | 2 | $1.0M | 0.0% (low risk) |
| Pizza Factory | 2 | $770K | 50.0% (very high risk) |
| Quiznos | 2 | $390K | 0.0% (low risk) |
| Church's Fried Chicken | 2 | $1.4M | 0.0% (low risk) |
| UPS Store | 2 | $472K | 0.0% (low risk) |
| Ace Hardware | 1 | $250K | 0.0% (low risk) |
| It's A Grind Coffee | 1 | $175K | 100.0% (very high risk) |
| Liberty Tax Service | 1 | $78K | 0.0% (low risk) |
| A+ Transmission | 1 | $633K | 0.0% (low risk) |
| Precision Door Service | 1 | $645K | 100.0% (very high risk) |
| Merle Norman Cosmetics | 1 | $92K | 0.0% (low risk) |
| Dickey's Barbeque | 1 | $150K | 0.0% (low risk) |
| Jani-King (janitor's Service) | 1 | $620K | 0.0% (low risk) |
| Smoothie King (health Food Sto | 1 | $200K | 100.0% (very high risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
5425.9% (very high risk)
30.0% (low risk)
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
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 Woodforest National Bank originated?
- 57 loans totaling $20.0M. The portfolio carries a 24.6% charge-off rate, earning a “CRITICAL” 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 Woodforest National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Woodforest National 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.