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SBA 7(a) franchise lending portfolio
Zions Bank, A Division of
ELEVATED risk
- Total loans
- 1,421
- Loan volume
- $384.8M
- Avg loan size
- $271K
- Default rate
- 15.6%
- vs 15.4% national avg
Defaults
191
Avg interest
7.09%
Franchises funded
628
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Quiznos | 151 | $20.8M | 33.1% |
| Subway Sandwich Shop | 56 | $8.9M | 1.8% |
| Cold Stone Creamery, Inc. | 27 | $4.9M | 18.5% |
| Dairy Queen | 15 | $3.8M | 20.0% |
| Domino's Pizza | 12 | $2.8M | 8.3% |
| Taco Del Mar | 12 | $2.0M | 50.0% |
| Mail Boxes Etc. Usa | 11 | $990K | 0.0% |
| Great Harvest Bread Co. | 11 | $2.0M | 27.3% |
| Gandolfo's New York Delicatess | 11 | $1.2M | 18.2% |
| Papa Murphy's Take & Bake Pizz | 10 | $1.7M | 0.0% |
| Tunex | 10 | $966K | 0.0% |
| Big O Tires | 9 | $4.7M | 22.2% |
| Ace Hardware | 9 | $2.4M | 0.0% |
| Gold's Gym | 9 | $7.6M | 0.0% |
| Econo Lub N Tune | 8 | $1.1M | 37.5% |
| Blimpie | 8 | $668K | 12.5% |
| MAACO Auto Painting Center | 8 | $1.6M | 0.0% |
| Copy Club | 8 | $2.8M | 25.0% |
| Liberty Tax Service | 8 | $496K | 12.5% |
| The UPS Store (f/k/a Mail Box | 8 | $2.9M | 0.0% |
Lending volume by year
16'92
16
20
28
40
45'97
43
47
33
36
47'02
84
131
116
44
34'07
33
15
26
53
26'12
45
39
49
53
29'17
36
21
30
28
18'22
28
39
63
10'26
Zions Bank, A Division of default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
3678.7%
30918.6%
18217.9%
12117.3%
11615.4%
1074.8%
7812.5%
3342.4%
3132.3%
2317.4%
Portfolio summary
Total funded$384.8M
Defaults191 of 1,421
Risk tierELEVATED
Avg rate7.09%
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%).