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SBA 7(a) franchise lending portfolio
Peapack Private Bank and Trust
EXCELLENT risk
- Total loans
- 58
- Loan volume
- $107.9M
- Avg loan size
- $1.9M
- Default rate
- 3.9%
- vs 15.4% national avg
Defaults
1
Avg interest
6.64%
Franchises funded
39
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Popeyes Louisiana Kitchen | 4 | $4.7M | 0.0% |
| Red Roof Inn | 4 | $15.3M | 0.0% |
| Quality Inn by Choice Hotels / | 4 | $13.4M | 0.0% |
| Econo Lodge by Choice Hotels/E | 3 | $4.5M | 0.0% |
| The UPS Store (f/k/a Mail Box | 3 | $1.2M | — |
| Best Western - Membership Agre | 2 | $9.7M | 0.0% |
| Motel 6 | 2 | $5.5M | 0.0% |
| Ramada by Wyndham | 2 | $3.0M | 0.0% |
| Church's Chicken | 2 | $824K | — |
| Hand and Stone Massage and Fac | 2 | $1.3M | — |
| Baymont by Wyndham aka Baymont | 2 | $3.5M | — |
| The Bar Method | 1 | $1.2M | 0.0% |
| Shack Shine | 1 | $75K | 0.0% |
| Firehouse Subs | 1 | $250K | 100.0% |
| Holiday Inn | 1 | $5.0M | 0.0% |
| Fedex Ground | 1 | $150K | 0.0% |
| Red Carpet Inn/Red Carpet Suit | 1 | $4.0M | — |
| Red Carpet Inn/Red Carpet Inn | 1 | $770K | 0.0% |
| Scottish Inns | 1 | $520K | 0.0% |
| IHOP | 1 | $1.5M | 0.0% |
Lending volume by year
3'16
4'17
6'18
4'19
6'20
20'21
6'22
4'23
1'24
4'25
Peapack Private Bank and Trust default rate by loan vintage
BrandNational avg
Geographic exposure
297.7%
150.0%
70.0%
2—
20.0%
10.0%
Portfolio summary
Total funded$107.9M
Defaults1 of 58
Risk tierEXCELLENT
Avg rate6.64%
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%).