SBA 7(a) franchise lending portfolio
Provident Bank
- Total loans
- 141
- Loan volume
- $84.0M
- Avg loan size
- $595K
- Charge-off rate
- 5.7%
- vs 16.0% national
Charged off
6
Avg interest
6.49%
Franchises funded
70
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| The Learning Experience | 26 | $15.3M | 5.9% (good) |
| Subway Sandwich Shop | 10 | $1.5M | N/A |
| Dunkin' Donuts | 9 | $8.5M | N/A |
| Rainbow Academy | 8 | $10.7M | N/A |
| Fedex Ground | 5 | $2.6M | N/A |
| Lightbridge Academy | 5 | $5.2M | N/A |
| The Bar Method | 4 | $1.2M | N/A |
| Philly Soft Pretzel Factory | 4 | $991K | N/A |
| Pump It Up | 3 | $955K | N/A |
| Rainbow International Corporat | 2 | $283K | N/A |
| Chrysler | 2 | $1.4M | N/A |
| Servicemaster Clean | 2 | $650K | N/A |
| Kiddie Academy | 2 | $3.2M | N/A |
| Dunkin Donuts | 2 | $2.0M | N/A |
| Roy Rogers | 2 | $1.8M | N/A |
| Code Ninjas | 2 | $500K | N/A |
| Bubbakoo's Burritos | 2 | $933K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1997 | 1 |
| FY1999 | 1 |
| FY2000 | 1 |
| FY2003 | 1 |
| FY2004 | 3 |
| FY2005 | 4 |
| FY2006 | 1 |
| FY2008 | 1 |
| FY2009 | 7 |
| FY2010 | 5 |
| FY2011 | 1 |
| FY2012 | 4 |
| FY2013 | 5 |
| FY2014 | 18 |
| FY2015 | 16 |
| FY2016 | 10 |
| FY2017 | 12 |
| FY2018 | 8 |
| FY2019 | 7 |
| FY2020 | 4 |
| FY2021 | 14 |
| FY2022 | 6 |
| FY2023 | 2 |
| FY2024 | 3 |
| FY2025 | 5 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
Provident Bank: no charge-offs among resolved loans in the 3 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 |
|---|---|---|---|
| 2004 | 3 | 0 | Too few |
| 2005 | 4 | 0 | Too few |
| 2009 | 7 | 2 | Too few |
| 2010 | 5 | 2 | Too few |
| 2012 | 4 | 0 | Too few |
| 2013 | 5 | 0 | Too few |
| 2014 | 17 | 0 | 0.0% |
| 2015 | 15 | 0 | 0.0% |
| 2016 | 7 | 0 | Too few |
| 2017 | 10 | 0 | 0.0% |
| 2018 | 7 | 0 | Too few |
| 2019 | 5 | 0 | Too few |
| 2021 | 7 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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 Provident Bank originated?
- 141 loans totaling $84.0M. The portfolio carries a 5.7% 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. Provident Bank's rate of 5.7% 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 Provident Bank fund the most?
- The “Top franchise exposures” table above lists the brands Provident 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.