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SBA 7(a) franchise lending portfolio
Kennebunk Savings Bank
AVERAGE risk
- Total loans
- 14
- Loan volume
- $5.1M
- Avg loan size
- $366K
- Default 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 | — |
| Aroma Joe’s | 3 | $378K | 0.0% |
| Aging Excellence | 2 | $381K | 0.0% |
| Ace Hardware | 2 | $917K | — |
| Play It Again Sports (retail S | 1 | $135K | 0.0% |
| Econo Lodge Motel | 1 | $210K | 100.0% |
| Subway Sandwich Shop | 1 | $700K | 0.0% |
| Otto Pizza | 1 | $466K | — |
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
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%).