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SBA 7(a) franchise lending portfolio
Newtown Savings Bank
CRITICAL risk
- Total loans
- 25
- Loan volume
- $4.0M
- Avg loan size
- $158K
- Default rate
- 47.8%
- vs 15.4% national avg
Defaults
11
Avg interest
5.69%
Franchises funded
16
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Quiznos | 3 | $490K | 33.3% |
| Sea Tow | 2 | $90K | 50.0% |
| Edible Arrangements | 2 | $195K | 0.0% |
| Curves For Women | 2 | $320K | 100.0% |
| Dippin Dots | 2 | $75K | 0.0% |
| Whizard Academy For Mathmatics | 2 | $200K | 100.0% |
| Young Chefs Academy | 2 | $75K | 100.0% |
| Subway Sandwich Shop | 2 | $350K | 0.0% |
| Ace Hardware | 1 | $440K | 100.0% |
| Dairy Queen | 1 | $350K | 0.0% |
| Re/Max Realty | 1 | $120K | 100.0% |
| Tutor Doctor | 1 | $42K | 100.0% |
| Dream Dinners | 1 | $285K | 0.0% |
| Carvel Ice Cream | 1 | $130K | 0.0% |
| SportClips | 1 | $300K | 0.0% |
| iCRYO Franchise System LLC | 1 | $500K | — |
Lending volume by year
1'02
5'05
5'06
8'07
2'08
1'09
1'17
1'21
1'22
Newtown Savings Bank default rate by loan vintage
BrandNational avg
Geographic exposure
2547.8%
Portfolio summary
Total funded$4.0M
Defaults11 of 25
Risk tierCRITICAL
Avg rate5.69%
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%).