C&
SBA 7(a) franchise lending portfolio
Citizens & Northern Bank
ELEVATED risk
- Total loans
- 27
- Loan volume
- $16.3M
- Avg loan size
- $603K
- Charge-off rate
- 18.5%
- vs 15.4% national avg
Defaults
5
Avg interest
5.96%
Franchises funded
11
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Servpro | 7 | $4.0M | 42.9% (very high risk) |
| Burger King | 7 | $5.5M | 0.0% (low risk) |
| Sertinos Cafe | 2 | $438K | 100.0% (very high risk) |
| Print Shack | 2 | $1.3M | 0.0% (low risk) |
| Saladworks | 2 | $285K | 0.0% (low risk) |
| AAMCO Transmissions | 2 | $1.5M | 0.0% (low risk) |
| True Value Hardware | 1 | $110K | 0.0% (low risk) |
| Smoothie King (health Food Sto | 1 | $200K | 0.0% (low risk) |
| Primo Hoagies | 1 | $120K | 0.0% (low risk) |
| Paul Green School Of Rock Musi | 1 | $100K | 0.0% (low risk) |
| The Goddard School | 1 | $2.6M | 0.0% (low risk) |
Lending volume by year
1'05
8'12
15'13
3'14
Citizens & Northern Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1729.4% (very high risk)
100.0% (low risk)
Portfolio summary
Total funded$16.3M
Defaults5 of 27
Risk tierELEVATED
Avg rate5.96%
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 Citizens & Northern Bank originated?
- 27 loans totaling $16.3M. The portfolio carries a 18.5% charge-off rate, earning a “ELEVATED” 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 Citizens & Northern Bank fund the most?
- The “Top franchise exposures” table above lists the brands Citizens & Northern 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.