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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Enterprise Bank & Trust

Risk rating: Good
Total loans
387
Loan volume
$547.8M
Avg loan size
$1.4M
Charge-off rate
6.5%
vs 16.0% national

Charged off

15

Avg interest

6.45%

Franchises funded

233

Risk rating

Good

Top franchise exposures

FranchiseLoansVolumeCharge-off %
Quality Inn by Choice Hotels /19$47.6MN/A
Motel 610$29.5MN/A
Days Inn10$17.8MN/A
Subway Sandwich Shop7$2.2MN/A
Buffalo Wild Wings (f/K/A Bw-36$2.7MN/A
Shell Service Station6$6.2MN/A
Comfort Inn by Choice Hotels/C6$14.9MN/A
Best Western - Membership Agre6$19.5MN/A
Econo Lodge by Choice Hotels/E5$13.6MN/A
Red Roof Inn5$9.8MN/A
Sunoco, LLC (Various Brands) F5$5.3MN/A
Baskin-Robbins 31 Ice Cream4$566KN/A
Submarina Sandwiches4$637KN/A
Valero4$4.1MN/A
Chevron (gas Station)4$7.0MN/A
Super 8 by Wyndhan4$11.5MN/A
La Quinta by Wyndham a.k.a. La4$16.9MN/A
Baymont by Wyndham aka Baymont4$7.4MN/A

SBA 7(a) · charge-off rate by approval year

Enterprise Bank & Trust: below all franchise loans in 7 of 8 rated years

Enterprise Bank & Trust: below all franchise loans in 7 of 8 rated yearsEnterprise Bank & Trust charge-off rate by loan vintage. 26 approval years, 1992 to 2023; the 8 with at least 10 resolved loans are plotted, against all franchise loans approved the same year. Their rates run from 0.0% to 9.1%.

Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.

Show the numbers by year
YearResolvedCharged offRate
199240Too few
199490Too few
199572Too few
199640Too few
199781Too few
199830Too few
200050Too few
200241Too few
200562Too few
200652Too few
200762Too few
200840Too few
201030Too few
201180Too few
201280Too few
20131000.0%
20141119.1%
20152528.0%
20161815.6%
20171700.0%
20181200.0%
20191400.0%
20201700.0%
202180Too early
202240Too early
202340Too early

Dashed line: all franchise 7(a) loans approved the same year.

Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.

Geographic exposure

California
1216.9% (good)
Texas
540.0% (excellent)
Missouri
376.1% (good)
Kansas
3412.9% (average)
Arizona
2421.4% (high risk)
Illinois
140.0% (excellent)
New Mexico
140.0% (excellent)
Colorado
130.0% (excellent)
Washington
9N/A
Ohio
8N/A

Portfolio summary

Total funded$547.8M
Charged off15 of 387
Risk tierGood
Avg rate6.45%

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 Enterprise Bank & Trust originated?
387 loans totaling $547.8M. The portfolio carries a 6.5% charge-off rate, earning a “Good” 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. Enterprise Bank & Trust's rate of 6.5% 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 Enterprise Bank & Trust fund the most?
The “Top franchise exposures” table above lists the brands Enterprise Bank & Trust has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.