KB
SBA 7(a) franchise lending portfolio
Kendall Bank
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $8.8M
- Avg loan size
- $878K
- Charge-off 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% (low risk) |
| Hotworx | 2 | $669K | N/A |
| 7 Brew | 2 | $1.1M | N/A |
| Miracle Method Surface Refinis | 1 | $757K | N/A |
| Quality Inn by Choice Hotels / | 1 | $2.6M | N/A |
| Sylvan Learning Centers | 1 | $1.3M | N/A |
| SureStay | 1 | $1.8M | N/A |
Lending volume by year
4'21
3'22
2'23
1'24
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 Kendall Bank originated?
- 10 loans totaling $8.8M. 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). 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 Kendall Bank fund the most?
- The “Top franchise exposures” table above lists the brands Kendall 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.