CB
SBA 7(a) franchise lending portfolio
ConnectOne Bank
Risk rating: Excellent
- Total loans
- 112
- Loan volume
- $64.1M
- Avg loan size
- $572K
- Charge-off rate
- 0.0%
- vs 16.0% national
Charged off
0
Avg interest
9.05%
Franchises funded
51
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Batteries Plus | 9 | $5.8M | N/A |
| Playa Bowls | 9 | $4.4M | N/A |
| Scenthound | 9 | $4.0M | N/A |
| Tint World | 7 | $3.5M | N/A |
| Meineke Car Care Center | 7 | $3.1M | N/A |
| Tropical Smoothie Cafe | 6 | $3.3M | N/A |
| Pet Supplies Plus | 5 | $4.0M | N/A |
| Smoothie King | 4 | $2.0M | N/A |
| Duck Donuts | 4 | $2.4M | N/A |
| Senior Helpers | 4 | $491K | N/A |
| Jeremiah's Italian Ice | 3 | $1.5M | N/A |
| The Little Gym | 2 | $1.2M | N/A |
| Wild Birds Unlimited | 2 | $595K | N/A |
| Buddy's Home Furnishings | 2 | $565K | N/A |
| Cold Stone Creamery | 2 | $1.4M | N/A |
| Sandbox VR | 2 | $2.0M | N/A |
| Wetzel's Pretzels | 2 | $658K | N/A |
| Once Upon A Child | 1 | $235K | N/A |
| Wayback Burgers | 1 | $810K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2016 | 1 |
| FY2018 | 1 |
| FY2020 | 6 |
| FY2021 | 7 |
| FY2022 | 18 |
| FY2023 | 19 |
| FY2024 | 15 |
| FY2025 | 43 |
| FY2026 | 2 |
Geographic exposure
140.0% (excellent)
13N/A
110.0% (excellent)
110.0% (excellent)
100.0% (excellent)
6N/A
6N/A
5N/A
4N/A
3N/A
Portfolio summary
Total funded$64.1M
Charged off0 of 112
Risk tierExcellent
Avg rate9.05%
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 ConnectOne Bank originated?
- 112 loans totaling $64.1M. The portfolio carries a 0.0% charge-off rate, earning a “Excellent” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. ConnectOne Bank's rate of 0.0% is below the national rate.
- 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 ConnectOne Bank fund the most?
- The “Top franchise exposures” table above lists the brands ConnectOne 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.