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SBA 7(a) franchise lending portfolio
Mid Penn Bank
EXCELLENT risk
- Total loans
- 32
- Loan volume
- $11.6M
- Avg loan size
- $361K
- Default 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% |
| Line-X | 2 | $125K | 0.0% |
| Crumbl | 2 | $884K | 0.0% |
| Once Upon A Child | 1 | $114K | 0.0% |
| Play It Again Sports (retail S | 1 | $100K | 0.0% |
| Signs & More In 24 | 1 | $440K | 0.0% |
| Quiznos | 1 | $155K | 0.0% |
| AAMCO Transmissions | 1 | $235K | 0.0% |
| La Vida Massage | 1 | $40K | — |
| Ubreakifix | 1 | $165K | — |
| H&r Block | 1 | $1.0M | 0.0% |
| Primo Hoagies | 1 | $200K | 0.0% |
| The Grounds Guys | 1 | $30K | — |
| Speedpro Imaging | 1 | $50K | 0.0% |
| Comfort Inn by Choice Hotels/C | 1 | $394K | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 1 | $2.8M | 0.0% |
| Tropical Smoothie Cafe | 1 | $175K | 0.0% |
| Dinners Ready! | 1 | $550K | 0.0% |
| Fuddruckers | 1 | $125K | — |
| Interim HealthCare | 1 | $725K | — |
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%
10.0%
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
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%).