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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Enterprise Bank & Trust

GOOD risk
Total loans
387
Loan volume
$547.8M
Avg loan size
$1.4M
Charge-off rate
6.5%
vs 15.4% national avg

Defaults

15

Avg interest

6.45%

Franchises funded

233

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Quality Inn by Choice Hotels /19$47.6M0.0% (low risk)
Subway Sandwich Shop7$2.2M0.0% (low risk)
Buffalo Wild Wings (f/K/A Bw-36$2.7M0.0% (low risk)
Shell Service Station6$6.2M0.0% (low risk)
Motel 66$22.6M0.0% (low risk)
Comfort Inn by Choice Hotels/C6$14.9M0.0% (low risk)
Best Western - Membership Agre6$19.5M0.0% (low risk)
Days Inn5$8.6M0.0% (low risk)
Days Inn by Wyndham5$9.1M66.7% (very high risk)
Econo Lodge by Choice Hotels/E5$13.6M0.0% (low risk)
Red Roof Inn5$9.8M0.0% (low risk)
Sunoco, LLC (Various Brands) F5$5.3M0.0% (low risk)
Baskin-Robbins 31 Ice Cream4$566K25.0% (very high risk)
Submarina Sandwiches4$637K25.0% (very high risk)
Motel 64$6.9M0.0% (low risk)
Valero4$4.1M0.0% (low risk)
Chevron (gas Station)4$7.0M0.0% (low risk)
Super 8 by Wyndhan4$11.5M0.0% (low risk)
La Quinta by Wyndham a.k.a. La4$16.9MN/A
Baymont by Wyndham aka Baymont4$7.4MN/A

Enterprise Bank & Trust charge-off rate by loan vintage

BrandNational avg
Enterprise Bank & Trust charge-off rate by loan vintage. Showing 26 vintages from 1992 to 2023. Rates range from 0.0% to 40.0%.0%5%10%15%20%25%30%35%40%'92'98'07'13'18'23

Geographic exposure

1216.9% (moderate risk)
540.0% (low risk)
376.1% (moderate risk)
3412.9% (elevated risk)
2421.4% (very high risk)
140.0% (low risk)
140.0% (low risk)
130.0% (low risk)
90.0% (low risk)
80.0% (low risk)

Portfolio summary

Total funded$547.8M
Defaults15 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). 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 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.