MA
SBA 7(a) franchise lending portfolio
Mechanics and Farmers Bank
CRITICAL risk
- Total loans
- 14
- Loan volume
- $4.8M
- Avg loan size
- $340K
- Charge-off rate
- 100.0%
- vs 15.4% national avg
Defaults
1
Avg interest
9.71%
Franchises funded
12
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Smoothie King | 2 | $420K | N/A |
| Cinnaholic | 2 | $837K | N/A |
| All Tune And Lube | 1 | $39K | 100.0% (very high risk) |
| Zoom Room | 1 | $300K | N/A |
| Epic Wings/Epic Wings N Things | 1 | $560K | N/A |
| LIVE Hydration Spa | 1 | $318K | N/A |
| Pure Green | 1 | $395K | N/A |
| Domino's | 1 | $200K | N/A |
| Signarama | 1 | $800K | N/A |
| Top Rail Fence | 1 | $207K | N/A |
| Poolwerx | 1 | $150K | N/A |
| Avendelle (fka The Haven) | 1 | $530K | N/A |
Lending volume by year
1'92
3'22
1'24
8'25
1'26
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 Mechanics and Farmers Bank originated?
- 14 loans totaling $4.8M. The portfolio carries a 100.0% 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 Mechanics and Farmers Bank fund the most?
- The “Top franchise exposures” table above lists the brands Mechanics and Farmers 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.