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SBA 7(a) franchise lending portfolio
Northfield Bank
EXCELLENT risk
- Total loans
- 11
- Loan volume
- $2.6M
- Avg loan size
- $240K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
5.79%
Franchises funded
8
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Blimpie | 3 | $210K | 0.0% |
| Cici's Pizza | 2 | $818K | 0.0% |
| MAACO Auto Painting Center | 1 | $290K | 0.0% |
| Hand And Stone | 1 | $330K | 0.0% |
| Primohoagies | 1 | $165K | 0.0% |
| Management Recruiters/Mri/ Man | 1 | $50K | 0.0% |
| Management Recruiters | 1 | $107K | 0.0% |
| Cold Stone Creamery | 1 | $672K | — |
Lending volume by year
2'02
1'03
1'07
1'09
1'10
1'11
2'13
1'14
1'22
Geographic exposure
100.0%
10.0%
Portfolio summary
Total funded$2.6M
Defaults0 of 11
Risk tierEXCELLENT
Avg rate5.79%
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%).