NF
SBA 7(a) franchise lending portfolio
Newburyport Five Cents Savings Bank
EXCELLENT risk
- Total loans
- 12
- Loan volume
- $2.0M
- Avg loan size
- $170K
- Charge-off 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% (low risk) |
| Children's Orchard (retail Clo | 1 | $10K | 0.0% (low risk) |
| Minuteman Press | 1 | $40K | 0.0% (low risk) |
| Pack-N-Mail | 1 | $110K | 0.0% (low risk) |
| Primrose Schools | 1 | $324K | 0.0% (low risk) |
| Screenmobile | 1 | $144K | N/A |
| StretchMed | 1 | $188K | 0.0% (low risk) |
| Otto Pizza | 1 | $200K | N/A |
| Minuteman Press | 1 | $50K | 0.0% (low risk) |
| Bobbles & Lace | 1 | $120K | 0.0% (low risk) |
| Aroma Joe's | 1 | $250K | N/A |
Lending volume by year
1'94
1'97
1'01
1'19
1'20
1'21
2'22
4'23
Geographic exposure
80.0% (low risk)
40.0% (low risk)
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
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 Newburyport Five Cents Savings Bank originated?
- 12 loans totaling $2.0M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Newburyport Five Cents Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands Newburyport Five Cents 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.