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SBA 7(a) franchise lending portfolio
Newburyport Five Cents Savings Bank
EXCELLENT risk
- Total loans
- 12
- Loan volume
- $2.0M
- Avg loan size
- $170K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.78%
Franchises funded
11
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Club Pilates | 2 | $610K | 0.0% |
| Children's Orchard (retail Clo | 1 | $10K | 0.0% |
| Minuteman Press | 1 | $40K | 0.0% |
| Pack-N-Mail | 1 | $110K | 0.0% |
| Primrose Schools | 1 | $324K | 0.0% |
| Screenmobile | 1 | $144K | — |
| StretchMed | 1 | $188K | 0.0% |
| Otto Pizza | 1 | $200K | — |
| Minuteman Press | 1 | $50K | 0.0% |
| Bobbles & Lace | 1 | $120K | 0.0% |
| Aroma Joe's | 1 | $250K | — |
Lending volume by year
1'94
1'97
1'01
1'19
1'20
1'21
2'22
4'23
Geographic exposure
80.0%
40.0%
Portfolio summary
Total funded$2.0M
Defaults0 of 12
Risk tierEXCELLENT
Avg rate6.78%
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%).