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SBA 7(a) franchise lending portfolio
NewBank
EXCELLENT risk
- Total loans
- 54
- Loan volume
- $86.7M
- Avg loan size
- $1.6M
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
5.97%
Franchises funded
36
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dunkin Donuts | 6 | $3.9M | 0.0% |
| Dunkin' Donuts | 4 | $2.2M | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 3 | $13.4M | 0.0% |
| Johnny Rockets | 2 | $1.8M | 0.0% |
| Ascend Hotel Collection by Cho | 2 | $9.9M | — |
| Tous Les Jours | 2 | $2.1M | 0.0% |
| Popeyes Louisiana Kitchen | 2 | $1.3M | 0.0% |
| Days Inn | 2 | $6.8M | 0.0% |
| Comfort Inn by Choice Hotels/C | 2 | $10.0M | 0.0% |
| Moe's Sw Grill | 2 | $1.1M | 0.0% |
| Dunkin Donuts/Baskin-Robbins C | 2 | $230K | 0.0% |
| Little Ceasar's Pizza | 1 | $150K | 0.0% |
| Hurricane Burgers Tacos Wings/ | 1 | $350K | — |
| Popeye's Famous Fried Chicken | 1 | $550K | 0.0% |
| Burger King | 1 | $640K | 0.0% |
| Baja Fresh Mexican Grill | 1 | $300K | 0.0% |
| Retro Fitness | 1 | $2.0M | 0.0% |
| Charley's Grilled Subs | 1 | $200K | 0.0% |
| Holiday Inn Express | 1 | $2.0M | 0.0% |
| Tony Roma's | 1 | $1.8M | — |
Lending volume by year
1'09
2'10
3'11
5'12
8'13
13'14
5'15
7'16
3'18
2'19
1'21
3'22
1'23
NewBank default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$86.7M
Defaults0 of 54
Risk tierEXCELLENT
Avg rate5.97%
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%).