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SBA 7(a) franchise lending portfolio
1st Colonial Community Bank
GOOD risk
- Total loans
- 17
- Loan volume
- $6.9M
- Avg loan size
- $404K
- Default rate
- 7.7%
- vs 15.4% national avg
Defaults
1
Avg interest
5.60%
Franchises funded
12
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Red Roof Inn | 3 | $2.9M | — |
| Hand And Stone | 2 | $630K | 0.0% |
| Polish Water Ice | 2 | $200K | 0.0% |
| Salad Works, Inc. | 2 | $950K | 0.0% |
| Smoothie King (health Food Sto | 1 | $110K | 0.0% |
| Filtafry | 1 | $160K | 0.0% |
| Saladworks | 1 | $350K | 100.0% |
| Rita's Real Italian Water Ice | 1 | $225K | 0.0% |
| Cherry Blow Dry Bar | 1 | $300K | 0.0% |
| Primo Hoagies | 1 | $210K | 0.0% |
| Sterling Optical | 1 | $250K | 0.0% |
| Hounds Town USA | 1 | $576K | — |
Lending volume by year
3'11
3'12
5'13
1'15
1'17
3'21
1'22
1st Colonial Community Bank default rate by loan vintage
BrandNational avg
Geographic exposure
1011.1%
70.0%
Portfolio summary
Total funded$6.9M
Defaults1 of 17
Risk tierGOOD
Avg rate5.60%
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%).