PB
SBA 7(a) franchise lending portfolio
Peoples Bank
Risk rating: Good
- Total loans
- 399
- Loan volume
- $520.0M
- Avg loan size
- $1.3M
- Charge-off rate
- 6.4%
- vs 16.0% national
Charged off
13
Avg interest
6.73%
Franchises funded
178
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 22 | $7.7M | 0.0% (excellent) |
| Quality Inn by Choice Hotels / | 17 | $48.4M | N/A |
| Red Roof Inn | 17 | $36.7M | N/A |
| Anytime Fitness | 15 | $3.2M | 0.0% (excellent) |
| Days Inn by Wyndham | 12 | $32.2M | N/A |
| La Quinta by Wyndham a.k.a. La | 11 | $46.5M | N/A |
| Econo Lodge by Choice Hotels/E | 11 | $24.5M | N/A |
| Best Western - Membership Agre | 9 | $25.8M | N/A |
| Comfort Inn by Choice Hotels/C | 8 | $26.6M | N/A |
| Super 8 by Wyndhan | 7 | $14.2M | N/A |
| Motel 6 | 7 | $15.3M | N/A |
| Quiznos | 6 | $898K | N/A |
| Restoration 1 | 6 | $676K | N/A |
| Biggby Coffee | 6 | $1.2M | N/A |
| Americas Best Value Inn | 5 | $7.8M | N/A |
| Clarion Inn by Choice Hotels/C | 4 | $14.1M | N/A |
| Restore Hyper Wellness | 4 | $1.6M | N/A |
| Sleep Inn by Choice Hotels/Sle | 4 | $15.6M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1993 | 3 |
| FY1994 | 3 |
| FY1995 | 4 |
| FY1996 | 5 |
| FY1997 | 5 |
| FY1998 | 5 |
| FY1999 | 3 |
| FY2000 | 2 |
| FY2001 | 4 |
| FY2002 | 1 |
| FY2003 | 2 |
| FY2004 | 5 |
| FY2005 | 6 |
| FY2006 | 9 |
| FY2007 | 8 |
| FY2008 | 4 |
| FY2009 | 4 |
| FY2010 | 10 |
| FY2011 | 4 |
| FY2012 | 2 |
| FY2013 | 1 |
| FY2014 | 9 |
| FY2015 | 15 |
| FY2016 | 8 |
| FY2017 | 8 |
| FY2018 | 11 |
| FY2019 | 17 |
| FY2020 | 34 |
| FY2021 | 71 |
| FY2022 | 47 |
| FY2023 | 43 |
| FY2024 | 23 |
| FY2025 | 17 |
| FY2026 | 5 |
SBA 7(a) · charge-off rate by approval year
Peoples Bank: below all franchise loans in 4 of 5 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1993 | 3 | 0 | Too few |
| 1994 | 3 | 0 | Too few |
| 1995 | 4 | 0 | Too few |
| 1996 | 3 | 0 | Too few |
| 1997 | 4 | 0 | Too few |
| 1998 | 4 | 1 | Too few |
| 1999 | 3 | 1 | Too few |
| 2001 | 4 | 2 | Too few |
| 2004 | 5 | 1 | Too few |
| 2005 | 6 | 0 | Too few |
| 2006 | 9 | 4 | Too few |
| 2007 | 8 | 0 | Too few |
| 2008 | 4 | 1 | Too few |
| 2009 | 4 | 2 | Too few |
| 2010 | 10 | 1 | 10.0% |
| 2011 | 4 | 0 | Too few |
| 2014 | 9 | 0 | Too few |
| 2015 | 13 | 0 | 0.0% |
| 2016 | 8 | 0 | Too few |
| 2017 | 6 | 0 | Too few |
| 2018 | 5 | 0 | Too few |
| 2019 | 6 | 0 | Too few |
| 2020 | 20 | 0 | 0.0% |
| 2021 | 35 | 0 | 0.0% |
| 2022 | 12 | 0 | 0.0% |
| 2023 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
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
702.5% (excellent)
529.5% (good)
445.9% (good)
347.4% (good)
3214.3% (average)
150.0% (excellent)
150.0% (excellent)
140.0% (excellent)
140.0% (excellent)
100.0% (excellent)
Portfolio summary
Total funded$520.0M
Charged off13 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). 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. Peoples Bank's rate of 6.4% 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 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.