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SBA 7(a) franchise lending portfolio
Brookline Bank, a Division of Beacon Bank and Trust
EXCELLENT risk
- Total loans
- 457
- Loan volume
- $312.0M
- Avg loan size
- $683K
- Default rate
- 4.7%
- vs 15.4% national avg
Defaults
14
Avg interest
6.96%
Franchises funded
248
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Orange Theory Fitness | 30 | $4.7M | 0.0% |
| Subway Sandwich Shop | 18 | $1.8M | 5.6% |
| Subway | 11 | $896K | 11.1% |
| Planet Fitness | 8 | $4.5M | 0.0% |
| Jimmy John's | 7 | $1.1M | 0.0% |
| Massage Envy | 7 | $2.4M | 0.0% |
| Kiddie Academy | 6 | $14.8M | 0.0% |
| Altitude Trampoline Park | 6 | $9.9M | 0.0% |
| The Simple Greek | 6 | $3.6M | 50.0% |
| Spenga | 6 | $4.3M | — |
| Retro Fitness | 5 | $4.3M | 0.0% |
| Smash My Trash | 5 | $3.0M | 0.0% |
| The Great Greek Mediterranean | 5 | $3.9M | 0.0% |
| Sea Tow | 4 | $570K | 0.0% |
| Right at Home | 4 | $2.0M | 0.0% |
| Orange Theory Fitness | 4 | $1.1M | 0.0% |
| The Learning Experience | 4 | $4.7M | 0.0% |
| Little Caesar Pizza | 4 | $430K | 0.0% |
| American Family Care/AFC Urgen | 4 | $3.6M | 0.0% |
| Urban Air Adventure Park | 4 | $7.7M | 0.0% |
Lending volume by year
3'92
2
1
3
7
3'98
3
4
1
6
10'03
4
4
2
4
9'08
1
4
4
7
7'13
14
24
40
33
41'18
54
31
54
23
16'23
11
24
3'26
Brookline Bank, a Division of Beacon Bank and Trust default rate by loan vintage
BrandNational avg
Geographic exposure
675.8%
558.6%
364.0%
356.1%
280.0%
280.0%
270.0%
210.0%
215.6%
160.0%
Portfolio summary
Total funded$312.0M
Defaults14 of 457
Risk tierEXCELLENT
Avg rate6.96%
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%).