MS
SBA 7(a) franchise lending portfolio
Middlesex Savings Bank
GOOD risk
- Total loans
- 18
- Loan volume
- $4.2M
- Avg loan size
- $234K
- Charge-off rate
- 6.3%
- vs 15.4% national avg
Defaults
1
Avg interest
5.72%
Franchises funded
13
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Minuteman Press | 3 | $822K | 0.0% (low risk) |
| Visiting Angels | 2 | $47K | 0.0% (low risk) |
| Ace Hardware | 2 | $400K | 0.0% (low risk) |
| EOS Worldwide | 2 | $65K | N/A |
| Vintner's Cellar Marquette | 1 | $125K | 0.0% (low risk) |
| D'angelo Sandwich Shop | 1 | $315K | 100.0% (very high risk) |
| Fitness Together | 1 | $135K | 0.0% (low risk) |
| Puckmasters Fargo | 1 | $80K | 0.0% (low risk) |
| Little Gym | 1 | $200K | 0.0% (low risk) |
| Batteries Plus | 1 | $100K | 0.0% (low risk) |
| Elements Therapeutic Massage | 1 | $665K | 0.0% (low risk) |
| Doctors Express | 1 | $1.1M | 0.0% (low risk) |
| Arcpoint | 1 | $150K | 0.0% (low risk) |
Lending volume by year
1'93
2'05
3'07
2'08
1'10
1'11
1'12
2'13
1'15
2'16
2'25
Geographic exposure
186.2% (moderate risk)
Portfolio summary
Total funded$4.2M
Defaults1 of 18
Risk tierGOOD
Avg rate5.72%
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 Middlesex Savings Bank originated?
- 18 loans totaling $4.2M. The portfolio carries a 6.3% charge-off rate, earning a “GOOD” 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 Middlesex Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands Middlesex 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.