![Kendall Bank logo](https://cdn.brandfetch.io/kendallbank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Kendall Bank
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $8.8M
- Avg loan size
- $878K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.85%
Franchises funded
7
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The Flying Locksmiths / FlyLoc | 2 | $571K | 0.0% |
| Hotworx | 2 | $669K | — |
| 7 Brew | 2 | $1.1M | — |
| Miracle Method Surface Refinis | 1 | $757K | — |
| Quality Inn by Choice Hotels / | 1 | $2.6M | — |
| Sylvan Learning Centers | 1 | $1.3M | — |
| SureStay | 1 | $1.8M | — |
Lending volume by year
4'21
3'22
2'23
1'24
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%).