WA
SBA 7(a) franchise lending portfolio
Woori America Bank
AVERAGE risk
- Total loans
- 49
- Loan volume
- $58.5M
- Avg loan size
- $1.2M
- Charge-off rate
- 13.6%
- vs 15.4% national avg
Defaults
3
Avg interest
7.38%
Franchises funded
33
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Waba Grill Teriyaki House | 5 | $1.5M | 0.0% (low risk) |
| It's Boba Time | 5 | $2.8M | N/A |
| Caffebene | 3 | $1.1M | 0.0% (low risk) |
| Quiznos | 2 | $370K | 0.0% (low risk) |
| Paris Baguette | 2 | $800K | 0.0% (low risk) |
| Tous Les Jours | 2 | $2.1M | N/A |
| Holiday Inn Express/Holiday In | 2 | $7.0M | N/A |
| Microtel Inn & Suites by Wyndh | 2 | $5.0M | N/A |
| Paris Baguette | 2 | $1.9M | N/A |
| Cremalita | 1 | $180K | 100.0% (very high risk) |
| Angel Tips Nail Spa | 1 | $200K | 0.0% (low risk) |
| Blimpie | 1 | $128K | 0.0% (low risk) |
| Rita's Real Italian Water Ice | 1 | $210K | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 1 | $400K | 100.0% (very high risk) |
| Wall Street Deli | 1 | $150K | 0.0% (low risk) |
| Original Soup Man | 1 | $240K | 100.0% (very high risk) |
| Charley's Grilled Subs | 1 | $150K | 0.0% (low risk) |
| Fairfield Inn/Inn & Suites | 1 | $4.8M | 0.0% (low risk) |
| Econo Lodge | 1 | $3.0M | 0.0% (low risk) |
| Wahoo's Fish Taco | 1 | $550K | 0.0% (low risk) |
Lending volume by year
1'03
2'04
1'05
2'06
3'07
1'08
3'14
3'15
3'16
3'17
1'18
1'19
1'20
1'21
3'22
7'23
5'24
8'25
Woori America Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
150.0% (low risk)
828.6% (very high risk)
70.0% (low risk)
60.0% (low risk)
533.3% (very high risk)
2N/A
20.0% (low risk)
10.0% (low risk)
10.0% (low risk)
1N/A
Portfolio summary
Total funded$58.5M
Defaults3 of 49
Risk tierAVERAGE
Avg rate7.38%
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 Woori America Bank originated?
- 49 loans totaling $58.5M. The portfolio carries a 13.6% 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 Woori America Bank fund the most?
- The “Top franchise exposures” table above lists the brands Woori America 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.