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SBA 7(a) franchise lending portfolio
Penn Community Bank
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $7.1M
- Avg loan size
- $709K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
8.85%
Franchises funded
7
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Burn Boot Camp Fitness | 2 | $685K | — |
| Carpet One - Association Agree | 2 | $2.0M | — |
| Bella Bridesmaids | 2 | $157K | — |
| Hand and Stone Massage and Fac | 1 | $3.2M | 0.0% |
| Pure Barre | 1 | $330K | — |
| Kiddie Academy | 1 | $480K | — |
| ZIPS Cleaners (formally ZIPS | 1 | $264K | — |
Lending volume by year
1'18
2'19
1'21
6'23
Geographic exposure
10.0%
Portfolio summary
Total funded$7.1M
Defaults0 of 10
Risk tierEXCELLENT
Avg rate8.85%
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%).