PB
SBA 7(a) franchise lending portfolio
Pineland Bank
Risk rating: Good
- Total loans
- 53
- Loan volume
- $65.8M
- Avg loan size
- $1.2M
- Charge-off rate
- 9.4%
- vs 16.0% national
Charged off
3
Avg interest
5.64%
Franchises funded
34
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Surcheros Fresh Grill | 9 | $11.1M | N/A |
| Tropical Smoothie Cafe | 4 | $1.2M | N/A |
| Best Western Inn | 3 | $5.4M | N/A |
| Willie Jewell's Old School Bar | 3 | $1.4M | N/A |
| Huddle House | 2 | $835K | N/A |
| Comfort Inn | 2 | $3.9M | N/A |
| Dairy Queen | 2 | $1.9M | N/A |
| Little Caesars | 2 | $890K | N/A |
| Microplay | 1 | $1.8M | N/A |
| Microtel | 1 | $1.6M | N/A |
| Super 8 Motel | 1 | $900K | N/A |
| Woody's Barbecue | 1 | $295K | N/A |
| Days Inn | 1 | $1.1M | N/A |
| Quiznos | 1 | $144K | N/A |
| Howard Johnson | 1 | $2.0M | N/A |
| Hawthorne Suites Franchising,i | 1 | $553K | N/A |
| Mac Tools | 1 | $100K | N/A |
| International House Of Pancake | 1 | $1.4M | N/A |
| Travelodge | 1 | $1.3M | N/A |
| Hyatt Place | 1 | $1.8M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1994 | 1 |
| FY1995 | 1 |
| FY1997 | 3 |
| FY1999 | 1 |
| FY2001 | 2 |
| FY2002 | 3 |
| FY2003 | 1 |
| FY2004 | 1 |
| FY2005 | 1 |
| FY2007 | 1 |
| FY2011 | 1 |
| FY2012 | 1 |
| FY2013 | 2 |
| FY2014 | 4 |
| FY2015 | 1 |
| FY2016 | 1 |
| FY2018 | 3 |
| FY2020 | 2 |
| FY2021 | 13 |
| FY2022 | 4 |
| FY2023 | 1 |
| FY2024 | 4 |
SBA 7(a) · charge-off rate by approval year
Pineland Bank charge-off rate by loan vintage
None of these 4 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1997 | 3 | 0 | Too few |
| 2002 | 3 | 1 | Too few |
| 2014 | 4 | 0 | Too few |
| 2021 | 5 | 0 | Too early |
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
Portfolio summary
Total funded$65.8M
Charged off3 of 53
Risk tierGood
Avg rate5.64%
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 Pineland Bank originated?
- 53 loans totaling $65.8M. The portfolio carries a 9.4% 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. Pineland Bank's rate of 9.4% 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 Pineland Bank fund the most?
- The “Top franchise exposures” table above lists the brands Pineland 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.