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SBA 7(a) franchise lending portfolio
Middlesex Savings Bank
GOOD risk
- Total loans
- 18
- Loan volume
- $4.2M
- Avg loan size
- $234K
- Default 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% |
| Visiting Angels | 2 | $47K | 0.0% |
| Ace Hardware | 2 | $400K | 0.0% |
| EOS Worldwide | 2 | $65K | — |
| Vintner's Cellar Marquette | 1 | $125K | 0.0% |
| D'angelo Sandwich Shop | 1 | $315K | 100.0% |
| Fitness Together | 1 | $135K | 0.0% |
| Puckmasters Fargo | 1 | $80K | 0.0% |
| Little Gym | 1 | $200K | 0.0% |
| Batteries Plus | 1 | $100K | 0.0% |
| Elements Therapeutic Massage | 1 | $665K | 0.0% |
| Doctors Express | 1 | $1.1M | 0.0% |
| Arcpoint | 1 | $150K | 0.0% |
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%
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
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%).