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SBA 7(a) franchise lending portfolio
ConnectOne Bank
EXCELLENT risk
- Total loans
- 112
- Loan volume
- $64.1M
- Avg loan size
- $572K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
9.05%
Franchises funded
51
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Batteries Plus | 9 | $5.8M | 0.0% |
| Playa Bowls | 9 | $4.4M | — |
| Scenthound | 9 | $4.0M | — |
| Tint World | 7 | $3.5M | 0.0% |
| Meineke Car Care Center | 7 | $3.1M | 0.0% |
| Tropical Smoothie Cafe | 6 | $3.3M | — |
| Pet Supplies Plus | 5 | $4.0M | 0.0% |
| Smoothie King | 4 | $2.0M | — |
| Duck Donuts | 4 | $2.4M | — |
| Jeremiah's Italian Ice | 3 | $1.5M | — |
| Senior Helpers | 3 | $441K | 0.0% |
| The Little Gym | 2 | $1.2M | — |
| Wild Birds Unlimited | 2 | $595K | — |
| Buddy's Home Furnishings | 2 | $565K | — |
| Cold Stone Creamery | 2 | $1.4M | — |
| Sandbox VR | 2 | $2.0M | — |
| Wetzel's Pretzels | 2 | $658K | — |
| Senior Helpers | 1 | $50K | 0.0% |
| Once Upon A Child | 1 | $235K | 0.0% |
| Wayback Burgers | 1 | $810K | — |
Lending volume by year
1'16
1'18
6'20
7'21
18'22
19'23
15'24
43'25
2'26
Geographic exposure
140.0%
13—
110.0%
110.0%
100.0%
60.0%
60.0%
4—
30.0%
Portfolio summary
Total funded$64.1M
Defaults0 of 112
Risk tierEXCELLENT
Avg rate9.05%
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%).