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SBA 7(a) franchise lending portfolio
Bridgewater Bank
AVERAGE risk
- Total loans
- 18
- Loan volume
- $12.3M
- Avg loan size
- $681K
- Default rate
- 12.5%
- vs 15.4% national avg
Defaults
1
Avg interest
6.60%
Franchises funded
12
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Discover Strength | 3 | $1.2M | — |
| Primrose School (daycare) | 2 | $565K | 0.0% |
| Kosama Fitness | 2 | $300K | 0.0% |
| X-Golf | 2 | $1.1M | — |
| Goldfish Swim School | 2 | $4.6M | — |
| Hobbytown Usa | 1 | $99K | 0.0% |
| Curves For Women | 1 | $75K | 0.0% |
| Bee Hive Homes Of America | 1 | $467K | 0.0% |
| Urban Air Adventure Park | 1 | $2.7M | — |
| WaveMAX Laundry | 1 | $520K | — |
| Nautical Bowls | 1 | $240K | 100.0% |
| Hotworx | 1 | $350K | — |
Lending volume by year
1'96
1'02
3'12
2'13
1'18
2'19
1'21
2'22
1'23
2'24
1'25
1'26
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%).