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SBA 7(a) franchise lending portfolio
Androscoggin Savings Bank
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $2.7M
- Avg loan size
- $274K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.60%
Franchises funded
7
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Aroma Joe's | 3 | $1.2M | 0.0% |
| Premier Rental Purchase | 2 | $739K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $71K | 0.0% |
| Curves For Women | 1 | $80K | 0.0% |
| Line-X | 1 | $75K | 0.0% |
| Planet Fitness | 1 | $336K | 0.0% |
| Little Caesar Pizza | 1 | $250K | 0.0% |
Lending volume by year
1'92
1'02
1'06
1'09
2'11
1'14
3'23
Geographic exposure
100.0%
Portfolio summary
Total funded$2.7M
Defaults0 of 10
Risk tierEXCELLENT
Avg rate6.60%
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%).