KB
SBA 7(a) franchise lending portfolio
Kensington Bank
ELEVATED risk
- Total loans
- 18
- Loan volume
- $4.0M
- Avg loan size
- $221K
- Charge-off 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% (very high risk) |
| Pizza Ranch | 2 | $119K | 50.0% (very high risk) |
| Snap Fitness | 2 | $212K | 0.0% (low risk) |
| Hardware Hank | 2 | $225K | 50.0% (very high risk) |
| City Looks | 2 | $374K | 0.0% (low risk) |
| Dunn Brothers Coffee | 2 | $622K | 0.0% (low risk) |
| Qdoba Restaurant Corporation | 1 | $534K | 0.0% (low risk) |
| Papa Murphy's Take & Bake Pizz | 1 | $60K | 0.0% (low risk) |
| Abc Seamless | 1 | $140K | 0.0% (low risk) |
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% (high risk)
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
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 Kensington Bank originated?
- 18 loans totaling $4.0M. The portfolio carries a 16.7% charge-off rate, earning a “ELEVATED” 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 Kensington Bank fund the most?
- The “Top franchise exposures” table above lists the brands Kensington 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.