MA
SBA 7(a) franchise lending portfolio
Manufacturers and Traders Trust Company
Risk rating: Average
- Total loans
- 1,808
- Loan volume
- $381.8M
- Avg loan size
- $211K
- Charge-off rate
- 13.2%
- vs 16.0% national
Charged off
178
Avg interest
7.32%
Franchises funded
748
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 118 | $13.6M | 9.9% (good) |
| The UPS Store (f/k/a Mail Box | 46 | $7.2M | 16.7% (elevated) |
| Quiznos | 38 | $5.6M | 18.4% (elevated) |
| Dunkin Donuts | 31 | $11.7M | 0.0% (excellent) |
| Servpro | 13 | $3.2M | 0.0% (excellent) |
| Curves For Women | 11 | $585K | 0.0% (excellent) |
| Dairy Queen | 11 | $1.6M | 9.1% (good) |
| Jersey Mike's | 11 | $3.9M | N/A |
| Rita's Ice-Custard-Happiness | 11 | $1.9M | N/A |
| All Tune And Lube | 10 | $896K | 30.0% (high risk) |
| Great Clips | 10 | $920K | 0.0% (excellent) |
| Plato's Closet | 10 | $2.0M | 0.0% (excellent) |
| Meineke Car Care | 9 | $1.8M | N/A |
| Gold's Gym | 9 | $4.5M | N/A |
| Fedex Ground | 9 | $1.0M | N/A |
| Play It Again Sports (retail S | 8 | $820K | N/A |
| Domino's Pizza | 8 | $1.6M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 22 |
| FY1993 | 16 |
| FY1994 | 20 |
| FY1995 | 34 |
| FY1996 | 31 |
| FY1997 | 40 |
| FY1998 | 30 |
| FY1999 | 34 |
| FY2000 | 39 |
| FY2001 | 27 |
| FY2002 | 50 |
| FY2003 | 52 |
| FY2004 | 47 |
| FY2005 | 55 |
| FY2006 | 22 |
| FY2007 | 33 |
| FY2008 | 36 |
| FY2009 | 16 |
| FY2010 | 29 |
| FY2011 | 24 |
| FY2012 | 22 |
| FY2013 | 46 |
| FY2014 | 104 |
| FY2015 | 102 |
| FY2016 | 89 |
| FY2017 | 59 |
| FY2018 | 129 |
| FY2019 | 132 |
| FY2020 | 60 |
| FY2021 | 65 |
| FY2022 | 87 |
| FY2023 | 80 |
| FY2024 | 40 |
| FY2025 | 95 |
| FY2026 | 41 |
SBA 7(a) · charge-off rate by approval year
Manufacturers and Traders Trust Company: below all franchise loans in 19 of 32 years
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 22 | 3 | 13.6% |
| 1993 | 16 | 2 | 12.5% |
| 1994 | 20 | 2 | 10.0% |
| 1995 | 34 | 7 | 20.6% |
| 1996 | 31 | 2 | 6.5% |
| 1997 | 40 | 5 | 12.5% |
| 1998 | 30 | 5 | 16.7% |
| 1999 | 34 | 1 | 2.9% |
| 2000 | 39 | 2 | 5.1% |
| 2001 | 27 | 1 | 3.7% |
| 2002 | 50 | 3 | 6.0% |
| 2003 | 52 | 8 | 15.4% |
| 2004 | 47 | 5 | 10.6% |
| 2005 | 55 | 7 | 12.7% |
| 2006 | 22 | 5 | 22.7% |
| 2007 | 33 | 8 | 24.2% |
| 2008 | 36 | 5 | 13.9% |
| 2009 | 16 | 0 | 0.0% |
| 2010 | 29 | 2 | 6.9% |
| 2011 | 24 | 2 | 8.3% |
| 2012 | 22 | 2 | 9.1% |
| 2013 | 46 | 4 | 8.7% |
| 2014 | 103 | 15 | 14.6% |
| 2015 | 102 | 16 | 15.7% |
| 2016 | 82 | 17 | 20.7% |
| 2017 | 50 | 10 | 20.0% |
| 2018 | 108 | 13 | 12.0% |
| 2019 | 85 | 16 | 18.8% |
| 2020 | 33 | 0 | 0.0% |
| 2021 | 23 | 1 | 4.3% |
| 2022 | 22 | 4 | 18.2% |
| 2023 | 13 | 4 | 30.8% |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
45713.2% (average)
34418.1% (elevated)
34210.9% (average)
19810.4% (average)
10118.3% (elevated)
9211.1% (average)
7810.9% (average)
789.7% (good)
3117.2% (elevated)
2917.2% (elevated)
Portfolio summary
Total funded$381.8M
Charged off178 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Manufacturers and Traders Trust Company's rate of 13.2% is below the national rate.
- 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.