KS
SBA 7(a) franchise lending portfolio
Kennebunk Savings Bank
AVERAGE risk
- Total loans
- 14
- Loan volume
- $5.1M
- Avg loan size
- $366K
- Charge-off rate
- 12.5%
- vs 15.4% national avg
Defaults
1
Avg interest
5.53%
Franchises funded
8
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Aroma Joe's | 3 | $1.9M | N/A |
| Aroma Joe’s | 3 | $378K | 0.0% (low risk) |
| Aging Excellence | 2 | $381K | 0.0% (low risk) |
| Ace Hardware | 2 | $917K | N/A |
| Play It Again Sports (retail S | 1 | $135K | 0.0% (low risk) |
| Econo Lodge Motel | 1 | $210K | 100.0% (very high risk) |
| Subway Sandwich Shop | 1 | $700K | 0.0% (low risk) |
| Otto Pizza | 1 | $466K | N/A |
Lending volume by year
1'96
1'08
1'09
2'16
1'17
3'18
1'21
2'22
1'23
1'25
Geographic exposure
Portfolio summary
Total funded$5.1M
Defaults1 of 14
Risk tierAVERAGE
Avg rate5.53%
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 Kennebunk Savings Bank originated?
- 14 loans totaling $5.1M. The portfolio carries a 12.5% 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 Kennebunk Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands Kennebunk 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.