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SBA 7(a) franchise lending portfolio
Merrimack County Savings Bank
EXCELLENT risk
- Total loans
- 15
- Loan volume
- $1.9M
- Avg loan size
- $125K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.18%
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Wrap City | 3 | $200K | 0.0% |
| Office Pride Commercial Cleani | 2 | $175K | 0.0% |
| H.u.m.a.n. | 2 | $78K | 0.0% |
| Alloy Wheel Repair Specialists | 2 | $387K | 0.0% |
| Mr. Rooter | 1 | $148K | 0.0% |
| Ace Hardware | 1 | $120K | 0.0% |
| Snap-On-Tools | 1 | $132K | 0.0% |
| Mobil Oil (stations) | 1 | $75K | 0.0% |
| Ace Hardware | 1 | $54K | 0.0% |
| Budget Blinds | 1 | $500K | — |
Lending volume by year
1'97
1'99
2'07
1'13
1'16
2'17
1'18
1'19
1'21
1'22
2'25
1'26
Geographic exposure
150.0%
Portfolio summary
Total funded$1.9M
Defaults0 of 15
Risk tierEXCELLENT
Avg rate6.18%
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%).