MC
SBA 7(a) franchise lending portfolio
Maine Community Bank
CRITICAL risk
- Total loans
- 17
- Loan volume
- $8.3M
- Avg loan size
- $485K
- Charge-off rate
- 22.2%
- vs 15.4% national avg
Defaults
2
Avg interest
6.22%
Franchises funded
13
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Hannaford Bros. Co., LLC - Mas | 3 | $5.2M | N/A |
| Batteries Plus Bulbs | 2 | $325K | 0.0% (low risk) |
| Subway | 2 | $326K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $42K | 0.0% (low risk) |
| Adventures In Advertising | 1 | $25K | 0.0% (low risk) |
| Quiznos | 1 | $130K | 100.0% (very high risk) |
| Home Helpers | 1 | $20K | 100.0% (very high risk) |
| Batteries Plus | 1 | $25K | 0.0% (low risk) |
| Heidi's Brooklyn Deli | 1 | $360K | 0.0% (low risk) |
| Hilton Hotels & Resorts | 1 | $350K | 0.0% (low risk) |
| Home Instead/Home Instead Seni | 1 | $500K | N/A |
| Tailored Living | 1 | $640K | N/A |
| RE/MAX of New England | 1 | $287K | N/A |
Lending volume by year
2'06
1'09
1'11
1'15
2'16
1'18
1'20
2'22
4'23
2'24
Geographic exposure
1722.2% (very high risk)
Portfolio summary
Total funded$8.3M
Defaults2 of 17
Risk tierCRITICAL
Avg rate6.22%
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 Maine Community Bank originated?
- 17 loans totaling $8.3M. The portfolio carries a 22.2% charge-off rate, earning a “CRITICAL” 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 Maine Community Bank fund the most?
- The “Top franchise exposures” table above lists the brands Maine Community 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.