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SBA 7(a) franchise lending portfolio
Kensington Bank
ELEVATED risk
- Total loans
- 18
- Loan volume
- $4.0M
- Avg loan size
- $221K
- Default rate
- 16.7%
- vs 15.4% national avg
Defaults
3
Avg interest
5.77%
Franchises funded
9
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dunn Brothers Coffee | 5 | $1.7M | 20.0% |
| Pizza Ranch | 2 | $119K | 50.0% |
| Snap Fitness | 2 | $212K | 0.0% |
| Hardware Hank | 2 | $225K | 50.0% |
| City Looks | 2 | $374K | 0.0% |
| Dunn Brothers Coffee | 2 | $622K | 0.0% |
| Qdoba Restaurant Corporation | 1 | $534K | 0.0% |
| Papa Murphy's Take & Bake Pizz | 1 | $60K | 0.0% |
| Abc Seamless | 1 | $140K | 0.0% |
Lending volume by year
1'02
2'03
1'04
1'05
1'08
1'10
2'14
2'15
1'16
2'17
2'18
2'19
Geographic exposure
1816.7%
Portfolio summary
Total funded$4.0M
Defaults3 of 18
Risk tierELEVATED
Avg rate5.77%
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%).