MC
SBA 7(a) franchise lending portfolio
Merrimack County Savings Bank
EXCELLENT risk
- Total loans
- 15
- Loan volume
- $1.9M
- Avg loan size
- $125K
- Charge-off 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% (low risk) |
| Office Pride Commercial Cleani | 2 | $175K | 0.0% (low risk) |
| H.u.m.a.n. | 2 | $78K | 0.0% (low risk) |
| Alloy Wheel Repair Specialists | 2 | $387K | 0.0% (low risk) |
| Mr. Rooter | 1 | $148K | 0.0% (low risk) |
| Ace Hardware | 1 | $120K | 0.0% (low risk) |
| Snap-On-Tools | 1 | $132K | 0.0% (low risk) |
| Mobil Oil (stations) | 1 | $75K | 0.0% (low risk) |
| Ace Hardware | 1 | $54K | 0.0% (low risk) |
| Budget Blinds | 1 | $500K | N/A |
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% (low risk)
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
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 Merrimack County Savings Bank originated?
- 15 loans totaling $1.9M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Merrimack County Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands Merrimack County Savings 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.