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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Peoples Bank

GOOD risk
Total loans
399
Loan volume
$520.0M
Avg loan size
$1.3M
Charge-off rate
6.4%
vs 15.4% national avg

Defaults

13

Avg interest

6.73%

Franchises funded

178

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Quality Inn by Choice Hotels /17$48.4M0.0% (low risk)
Red Roof Inn17$36.7M0.0% (low risk)
Days Inn by Wyndham12$32.2M0.0% (low risk)
Subway Sandwich Shop11$1.3M0.0% (low risk)
Subway11$6.4M0.0% (low risk)
La Quinta by Wyndham a.k.a. La11$46.5M0.0% (low risk)
Econo Lodge by Choice Hotels/E11$24.5M0.0% (low risk)
Best Western - Membership Agre9$25.8M0.0% (low risk)
Anytime Fitness9$1.7M0.0% (low risk)
Comfort Inn by Choice Hotels/C8$26.6M0.0% (low risk)
Super 8 by Wyndhan7$14.2M0.0% (low risk)
Motel 67$15.3M0.0% (low risk)
Quiznos6$898K16.7% (high risk)
Anytime Fitness6$1.5M0.0% (low risk)
Restoration 16$676K0.0% (low risk)
Biggby Coffee6$1.2M0.0% (low risk)
Americas Best Value Inn5$7.8M0.0% (low risk)
Clarion Inn by Choice Hotels/C4$14.1M0.0% (low risk)
Restore Hyper Wellness4$1.6M0.0% (low risk)
Sleep Inn by Choice Hotels/Sle4$15.6MN/A

Peoples Bank charge-off rate by loan vintage

BrandNational avg
Peoples Bank charge-off rate by loan vintage. Showing 26 vintages from 1993 to 2023. Rates range from 0.0% to 50.0%.0%5%10%15%20%25%30%35%40%45%50%'93'98'06'11'18'23

Geographic exposure

702.5% (low risk)
529.5% (moderate risk)
445.9% (moderate risk)
347.4% (moderate risk)
3214.3% (elevated risk)
150.0% (low risk)
150.0% (low risk)
140.0% (low risk)
140.0% (low risk)
100.0% (low risk)

Portfolio summary

Total funded$520.0M
Defaults13 of 399
Risk tierGOOD
Avg rate6.73%

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 Peoples Bank originated?
399 loans totaling $520.0M. The portfolio carries a 6.4% charge-off rate, earning a “GOOD” 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 Peoples Bank fund the most?
The “Top franchise exposures” table above lists the brands Peoples 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.