B
SBA 7(a) franchise lending portfolio
BankNewport
AVERAGE risk
- Total loans
- 10
- Loan volume
- $993K
- Avg loan size
- $99K
- Charge-off rate
- 12.5%
- vs 15.4% national avg
Defaults
1
Avg interest
7.24%
Franchises funded
9
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Walt's Roast Beef | 2 | $344K | 0.0% (low risk) |
| Moto Photo | 1 | $115K | 100.0% (very high risk) |
| Glass Doctor | 1 | $75K | 0.0% (low risk) |
| Travelodge | 1 | $100K | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $110K | 0.0% (low risk) |
| Domino's Pizza | 1 | $150K | 0.0% (low risk) |
| Fibrenew | 1 | $15K | N/A |
| 7-Eleven, Inc - Individual Sto | 1 | $40K | N/A |
| Signarama | 1 | $44K | 0.0% (low risk) |
Lending volume by year
1'96
1'07
1'12
1'13
1'14
2'15
1'20
1'24
1'25
Geographic exposure
1012.5% (elevated risk)
Portfolio summary
Total funded$993K
Defaults1 of 10
Risk tierAVERAGE
Avg rate7.24%
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 BankNewport originated?
- 10 loans totaling $1.0M. The portfolio carries a 12.5% 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). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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 BankNewport fund the most?
- The “Top franchise exposures” table above lists the brands BankNewport has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.