PP
SBA 7(a) franchise lending portfolio
Peapack Private Bank and Trust
Risk rating: Excellent
- Total loans
- 58
- Loan volume
- $107.9M
- Avg loan size
- $1.9M
- Charge-off rate
- 3.9%
- vs 16.0% national
Charged off
1
Avg interest
6.64%
Franchises funded
39
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Popeyes Louisiana Kitchen | 4 | $4.7M | N/A |
| Red Roof Inn | 4 | $15.3M | N/A |
| Quality Inn by Choice Hotels / | 4 | $13.4M | N/A |
| Econo Lodge by Choice Hotels/E | 3 | $4.5M | N/A |
| The UPS Store (f/k/a Mail Box | 3 | $1.2M | N/A |
| Best Western - Membership Agre | 2 | $9.7M | N/A |
| Motel 6 | 2 | $5.5M | N/A |
| Ramada by Wyndham | 2 | $3.0M | N/A |
| Church's Chicken | 2 | $824K | N/A |
| Hand and Stone Massage and Fac | 2 | $1.3M | N/A |
| Baymont by Wyndham aka Baymont | 2 | $3.5M | N/A |
| The Bar Method | 1 | $1.2M | N/A |
| Shack Shine | 1 | $75K | N/A |
| Firehouse Subs | 1 | $250K | N/A |
| Holiday Inn | 1 | $5.0M | N/A |
| Fedex Ground | 1 | $150K | N/A |
| Red Carpet Inn/Red Carpet Suit | 1 | $4.0M | N/A |
| Red Carpet Inn/Red Carpet Inn | 1 | $770K | N/A |
| Scottish Inns | 1 | $520K | N/A |
| IHOP | 1 | $1.5M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2016 | 3 |
| FY2017 | 4 |
| FY2018 | 6 |
| FY2019 | 4 |
| FY2020 | 6 |
| FY2021 | 20 |
| FY2022 | 6 |
| FY2023 | 4 |
| FY2024 | 1 |
| FY2025 | 4 |
SBA 7(a) · charge-off rate by approval year
Peapack Private Bank and Trust charge-off rate by loan vintage
None of these 6 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2016 | 3 | 0 | Too few |
| 2017 | 4 | 0 | Too few |
| 2018 | 4 | 0 | Too few |
| 2019 | 3 | 1 | Too few |
| 2021 | 6 | 0 | Too early |
| 2022 | 3 | 0 | Too early |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
297.7% (good)
150.0% (excellent)
7N/A
2N/A
2N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$107.9M
Charged off1 of 58
Risk tierExcellent
Avg rate6.64%
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 Peapack Private Bank and Trust originated?
- 58 loans totaling $107.9M. The portfolio carries a 3.9% 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Peapack Private Bank and Trust's rate of 3.9% is below the national rate.
- 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 Peapack Private Bank and Trust fund the most?
- The “Top franchise exposures” table above lists the brands Peapack Private Bank and Trust has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.