MP
SBA 7(a) franchise lending portfolio
Mid Penn Bank
EXCELLENT risk
- Total loans
- 32
- Loan volume
- $11.6M
- Avg loan size
- $361K
- Charge-off rate
- 4.5%
- vs 15.4% national avg
Defaults
1
Avg interest
6.53%
Franchises funded
23
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway | 8 | $2.3M | 14.3% (elevated risk) |
| Line-X | 2 | $125K | 0.0% (low risk) |
| Crumbl | 2 | $884K | 0.0% (low risk) |
| Once Upon A Child | 1 | $114K | 0.0% (low risk) |
| Play It Again Sports (retail S | 1 | $100K | 0.0% (low risk) |
| Signs & More In 24 | 1 | $440K | 0.0% (low risk) |
| Quiznos | 1 | $155K | 0.0% (low risk) |
| AAMCO Transmissions | 1 | $235K | 0.0% (low risk) |
| La Vida Massage | 1 | $40K | N/A |
| Ubreakifix | 1 | $165K | N/A |
| H&r Block | 1 | $1.0M | 0.0% (low risk) |
| Primo Hoagies | 1 | $200K | 0.0% (low risk) |
| The Grounds Guys | 1 | $30K | N/A |
| Speedpro Imaging | 1 | $50K | 0.0% (low risk) |
| Comfort Inn by Choice Hotels/C | 1 | $394K | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 1 | $2.8M | 0.0% (low risk) |
| Tropical Smoothie Cafe | 1 | $175K | 0.0% (low risk) |
| Dinners Ready! | 1 | $550K | 0.0% (low risk) |
| Fuddruckers | 1 | $125K | N/A |
| Interim HealthCare | 1 | $725K | N/A |
Lending volume by year
1'01
1'02
1'05
3'08
1'13
1'14
6'15
3'16
3'17
3'18
3'19
1'21
2'22
2'23
1'24
Geographic exposure
314.8% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$11.6M
Defaults1 of 32
Risk tierEXCELLENT
Avg rate6.53%
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 Mid Penn Bank originated?
- 32 loans totaling $11.6M. The portfolio carries a 4.5% 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 Mid Penn Bank fund the most?
- The “Top franchise exposures” table above lists the brands Mid Penn 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.