MA
SBA 7(a) franchise lending portfolio
Manufacturers and Traders Trust Company
AVERAGE risk
- Total loans
- 1,808
- Loan volume
- $381.8M
- Avg loan size
- $211K
- Charge-off rate
- 13.2%
- vs 15.4% national avg
Defaults
178
Avg interest
7.32%
Franchises funded
748
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 75 | $8.2M | 5.3% (moderate risk) |
| Quiznos | 38 | $5.6M | 18.4% (high risk) |
| The UPS Store (f/k/a Mail Box | 35 | $6.0M | 28.6% (very high risk) |
| Dunkin Donuts | 31 | $11.7M | 0.0% (low risk) |
| Subway | 28 | $3.2M | 16.7% (high risk) |
| Subway | 15 | $2.2M | 28.6% (very high risk) |
| Servpro | 13 | $3.2M | 0.0% (low risk) |
| Curves For Women | 11 | $585K | 0.0% (low risk) |
| Dairy Queen | 11 | $1.6M | 9.1% (moderate risk) |
| Mail Boxes Etc. Usa | 11 | $1.2M | 9.1% (moderate risk) |
| Jersey Mike's | 11 | $3.9M | 0.0% (low risk) |
| Rita's Ice-Custard-Happiness | 11 | $1.9M | 0.0% (low risk) |
| All Tune And Lube | 10 | $896K | 30.0% (very high risk) |
| Great Clips | 10 | $920K | 0.0% (low risk) |
| Plato's Closet | 10 | $2.0M | 0.0% (low risk) |
| Meineke Car Care | 9 | $1.8M | 0.0% (low risk) |
| Gold's Gym | 9 | $4.5M | 0.0% (low risk) |
| Fedex Ground | 9 | $1.0M | 55.6% (very high risk) |
| Play It Again Sports (retail S | 8 | $820K | 62.5% (very high risk) |
| Domino's Pizza | 8 | $1.6M | 0.0% (low risk) |
Lending volume by year
22'92
16
20
34
31
40'97
30
34
39
27
50'02
52
47
55
22
33'07
36
16
29
24
22'12
46
104
102
89
59'17
129
132
60
65
87'22
80
40
95
41'26
Manufacturers and Traders Trust Company charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
45713.2% (elevated risk)
34418.1% (high risk)
34210.9% (elevated risk)
19810.4% (elevated risk)
10118.3% (high risk)
9211.1% (elevated risk)
7810.9% (elevated risk)
789.7% (moderate risk)
3117.2% (high risk)
2917.2% (high risk)
Portfolio summary
Total funded$381.8M
Defaults178 of 1,808
Risk tierAVERAGE
Avg rate7.32%
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 Manufacturers and Traders Trust Company originated?
- 1,808 loans totaling $381.8M. The portfolio carries a 13.2% 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 Manufacturers and Traders Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands Manufacturers and Traders Trust Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.