BS
SBA 7(a) franchise lending portfolio
Bangor Savings Bank
Risk rating: Average
- Total loans
- 71
- Loan volume
- $13.7M
- Avg loan size
- $193K
- Charge-off rate
- 10.5%
- vs 16.0% national
Charged off
6
Avg interest
5.49%
Franchises funded
41
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Planet Fitness | 8 | $2.0M | N/A |
| Subway Sandwich Shop | 8 | $1.2M | N/A |
| Five Guys Famous Burgers And F | 6 | $1.9M | N/A |
| NAPA Auto Parts | 3 | $398K | N/A |
| Zoo Health Club/Blitz 45 Funct | 3 | $1.1M | N/A |
| Dairy Queen | 2 | $393K | N/A |
| Egg & I Restaurant (the) | 2 | $875K | N/A |
| Keller Williams Realty | 2 | $215K | N/A |
| Rainbow International Corporat | 2 | $149K | N/A |
| The Bar Method | 2 | $265K | N/A |
| All Dry | 2 | $185K | N/A |
| Ace Handyman Services | 2 | $175K | N/A |
| Realty ONE Group / Realty ONE | 2 | $190K | N/A |
| Radio Shack | 1 | $60K | N/A |
| Curves For Women | 1 | $22K | N/A |
| Sears Catalog Store | 1 | $338K | N/A |
| Dunkin Donuts | 1 | $135K | N/A |
| Wetzel's Pretzel | 1 | $150K | N/A |
| Dippin Dots | 1 | $25K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1997 | 3 |
| FY1999 | 2 |
| FY2000 | 3 |
| FY2001 | 1 |
| FY2004 | 1 |
| FY2006 | 3 |
| FY2007 | 2 |
| FY2009 | 1 |
| FY2010 | 1 |
| FY2011 | 9 |
| FY2012 | 6 |
| FY2013 | 9 |
| FY2014 | 6 |
| FY2015 | 4 |
| FY2016 | 1 |
| FY2017 | 3 |
| FY2018 | 2 |
| FY2020 | 2 |
| FY2021 | 2 |
| FY2022 | 4 |
| FY2023 | 3 |
| FY2024 | 1 |
| FY2025 | 2 |
SBA 7(a) · charge-off rate by approval year
Bangor Savings Bank charge-off rate by loan vintage
None of these 9 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1997 | 3 | 0 | Too few |
| 2000 | 3 | 0 | Too few |
| 2006 | 3 | 0 | Too few |
| 2011 | 9 | 0 | Too few |
| 2012 | 6 | 3 | Too few |
| 2013 | 9 | 1 | Too few |
| 2014 | 6 | 0 | Too few |
| 2015 | 4 | 0 | Too few |
| 2017 | 3 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$13.7M
Charged off6 of 71
Risk tierAverage
Avg rate5.49%
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 Bangor Savings Bank originated?
- 71 loans totaling $13.7M. The portfolio carries a 10.5% 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Bangor Savings Bank's rate of 10.5% is below the national rate.
- 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 Bangor Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands Bangor Savings 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.