PC
SBA 7(a) franchise lending portfolio
Penn Community Bank
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $7.1M
- Avg loan size
- $709K
- Charge-off 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 | N/A |
| Carpet One - Association Agree | 2 | $2.0M | N/A |
| Bella Bridesmaids | 2 | $157K | N/A |
| Hand and Stone Massage and Fac | 1 | $3.2M | 0.0% (low risk) |
| Pure Barre | 1 | $330K | N/A |
| Kiddie Academy | 1 | $480K | N/A |
| ZIPS Cleaners (formally ZIPS | 1 | $264K | N/A |
Lending volume by year
1'18
2'19
1'21
6'23
Geographic exposure
9N/A
10.0% (low risk)
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
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 Penn Community Bank originated?
- 10 loans totaling $7.1M. The portfolio carries a 0.0% 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). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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 Penn Community Bank fund the most?
- The “Top franchise exposures” table above lists the brands Penn Community Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.