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SBA 7(a) franchise lending portfolio
Woori America Bank
AVERAGE risk
- Total loans
- 49
- Loan volume
- $58.5M
- Avg loan size
- $1.2M
- Default 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% |
| It's Boba Time | 5 | $2.8M | — |
| Caffebene | 3 | $1.1M | 0.0% |
| Quiznos | 2 | $370K | 0.0% |
| Paris Baguette | 2 | $800K | 0.0% |
| Tous Les Jours | 2 | $2.1M | — |
| Holiday Inn Express/Holiday In | 2 | $7.0M | — |
| Microtel Inn & Suites by Wyndh | 2 | $5.0M | — |
| Paris Baguette | 2 | $1.9M | — |
| Cremalita | 1 | $180K | 100.0% |
| Angel Tips Nail Spa | 1 | $200K | 0.0% |
| Blimpie | 1 | $128K | 0.0% |
| Rita's Real Italian Water Ice | 1 | $210K | 0.0% |
| Cold Stone Creamery, Inc. | 1 | $400K | 100.0% |
| Wall Street Deli | 1 | $150K | 0.0% |
| Original Soup Man | 1 | $240K | 100.0% |
| Charley's Grilled Subs | 1 | $150K | 0.0% |
| Fairfield Inn/Inn & Suites | 1 | $4.8M | 0.0% |
| Econo Lodge | 1 | $3.0M | 0.0% |
| Wahoo's Fish Taco | 1 | $550K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
150.0%
828.6%
70.0%
60.0%
533.3%
2—
20.0%
10.0%
10.0%
1—
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
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%).