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SBA 7(a) franchise lending portfolio
Meridian Bank
EXCELLENT risk
- Total loans
- 130
- Loan volume
- $105.3M
- Avg loan size
- $810K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.53%
Franchises funded
64
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Scooter's Coffee | 10 | $8.2M | 0.0% |
| Servpro | 8 | $12.5M | 0.0% |
| Restore Hyper Wellness | 6 | $3.1M | 0.0% |
| Jersey Mike's | 5 | $2.1M | 0.0% |
| School of Rock | 4 | $2.2M | 0.0% |
| Little Caesars | 4 | $1.6M | 0.0% |
| YogaSix | 4 | $2.0M | 0.0% |
| Dunkin' Donuts | 4 | $2.5M | — |
| Ellie Mental Health | 4 | $1.9M | — |
| Tropical Smoothie Cafe | 4 | $1.7M | 0.0% |
| WaterStation | 3 | $8.5M | 0.0% |
| Pearle Vision | 3 | $1.1M | — |
| Marco's Pizza | 3 | $1.7M | — |
| Burger Exoctic Village/Burger | 3 | $1.6M | — |
| Sterling Optical/Site for Sore | 3 | $2.4M | — |
| Interim HealthCare | 2 | $359K | 0.0% |
| BrightStar Care | 2 | $612K | — |
| Wing Zone | 2 | $1.4M | 0.0% |
| Paul Davis Restoration | 2 | $1.4M | 0.0% |
| The Goddard School | 2 | $1.8M | — |
Lending volume by year
4'19
18'20
65'21
18'22
9'23
6'24
7'25
3'26
Meridian Bank default rate by loan vintage
BrandNational avg
Geographic exposure
330.0%
120.0%
120.0%
110.0%
90.0%
90.0%
40.0%
40.0%
40.0%
40.0%
Portfolio summary
Total funded$105.3M
Defaults0 of 130
Risk tierEXCELLENT
Avg rate6.53%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default 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%), Critical (>20%).