EC
SBA 7(a) franchise lending portfolio
East Cambridge Savings Bank
AVERAGE risk
- Total loans
- 11
- Loan volume
- $2.5M
- Avg loan size
- $226K
- Charge-off rate
- 11.1%
- vs 15.4% national avg
Defaults
1
Avg interest
6.46%
Franchises funded
10
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The Exercise Coach | 2 | $163K | 0.0% (low risk) |
| Quiznos | 1 | $210K | 100.0% (very high risk) |
| Extra Innings Training Centers | 1 | $145K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $110K | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $100K | 0.0% (low risk) |
| Meineke Car Care | 1 | $205K | 0.0% (low risk) |
| Temporary Franchises | 1 | $300K | 0.0% (low risk) |
| Sky Zone Providence | 1 | $800K | 0.0% (low risk) |
| Honey Dew Donuts | 1 | $125K | 0.0% (low risk) |
| Apple SpiceTM | 1 | $325K | N/A |
Lending volume by year
2'02
1'04
1'06
1'08
1'10
1'12
1'13
2'19
1'20
Geographic exposure
1111.1% (elevated risk)
Portfolio summary
Total funded$2.5M
Defaults1 of 11
Risk tierAVERAGE
Avg rate6.46%
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 East Cambridge Savings Bank originated?
- 11 loans totaling $2.5M. The portfolio carries a 11.1% 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 East Cambridge Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands East Cambridge Savings 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.