![Pineland Bank logo](https://cdn.brandfetch.io/pinelandbank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Pineland Bank
GOOD risk
- Total loans
- 53
- Loan volume
- $65.8M
- Avg loan size
- $1.2M
- Default rate
- 9.4%
- vs 15.4% national avg
Defaults
3
Avg interest
5.64%
Franchises funded
34
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Surcheros Fresh Grill | 9 | $11.1M | 0.0% |
| Tropical Smoothie Cafe | 4 | $1.2M | 0.0% |
| Best Western Inn | 3 | $5.4M | 0.0% |
| Willie Jewell's Old School Bar | 3 | $1.4M | 0.0% |
| Huddle House | 2 | $835K | 0.0% |
| Comfort Inn | 2 | $3.9M | 0.0% |
| Dairy Queen | 2 | $1.9M | 0.0% |
| Little Caesars | 2 | $890K | — |
| Microplay | 1 | $1.8M | 0.0% |
| Microtel | 1 | $1.6M | 100.0% |
| Super 8 Motel | 1 | $900K | 0.0% |
| Woody's Barbecue | 1 | $295K | — |
| Days Inn | 1 | $1.1M | 100.0% |
| Quiznos | 1 | $144K | 0.0% |
| Howard Johnson | 1 | $2.0M | 0.0% |
| Hawthorne Suites Franchising,i | 1 | $553K | 0.0% |
| Mac Tools | 1 | $100K | 0.0% |
| International House Of Pancake | 1 | $1.4M | 100.0% |
| Travelodge | 1 | $1.3M | 0.0% |
| Hyatt Place | 1 | $1.8M | 0.0% |
Lending volume by year
1'92
1
1
3
1
2'01
3
1
1
1
1'07
1
1
2
4
1'15
1
3
2
13
4'22
1
4'24
Pineland Bank default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$65.8M
Defaults3 of 53
Risk tierGOOD
Avg rate5.64%
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%).