CN
SBA 7(a) franchise lending portfolio
Camden National Bank
AVERAGE risk
- Total loans
- 70
- Loan volume
- $9.6M
- Avg loan size
- $138K
- Charge-off rate
- 10.9%
- vs 15.4% national avg
Defaults
7
Avg interest
5.54%
Franchises funded
41
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 5 | $349K | 0.0% (low risk) |
| Wrap City | 5 | $401K | 0.0% (low risk) |
| Little Ceasar's Pizza | 4 | $390K | 0.0% (low risk) |
| Dairy Queen | 4 | $970K | 0.0% (low risk) |
| Matco Tools (rent Tools) | 3 | $167K | 33.3% (very high risk) |
| Domino's Pizza | 3 | $570K | 0.0% (low risk) |
| Arby's | 2 | $531K | 0.0% (low risk) |
| Gold's Gym | 2 | $286K | 0.0% (low risk) |
| Dunkin Donuts | 2 | $447K | 0.0% (low risk) |
| Sears Catalog Store | 2 | $135K | 0.0% (low risk) |
| Quiznos | 2 | $145K | 50.0% (very high risk) |
| Servpro | 2 | $100K | 0.0% (low risk) |
| Midas Muffler Shop | 2 | $145K | 0.0% (low risk) |
| The UPS Store | 2 | $145K | 0.0% (low risk) |
| Medicine Shoppe | 2 | $460K | 0.0% (low risk) |
| Aging Excellence | 2 | $20K | 0.0% (low risk) |
| Subway | 2 | $35K | 0.0% (low risk) |
| Century 21 | 1 | $35K | 0.0% (low risk) |
| Micro-Play Of America | 1 | $81K | 100.0% (very high risk) |
| Rocky Mountain Chocolate Facto | 1 | $100K | N/A |
Lending volume by year
2'92
1
2
4
4
3'99
1
3
4
3
3'06
3
7
4
3
4'12
1
3
3
1
1'17
3
2
1
3
1'25
Camden National Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
4210.3% (elevated risk)
2612.5% (elevated risk)
1N/A
10.0% (low risk)
Portfolio summary
Total funded$9.6M
Defaults7 of 70
Risk tierAVERAGE
Avg rate5.54%
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 Camden National Bank originated?
- 70 loans totaling $9.6M. The portfolio carries a 10.9% 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 Camden National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Camden National 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.