PB
SBA 7(a) franchise lending portfolio
Provident Bank
GOOD risk
- Total loans
- 141
- Loan volume
- $84.0M
- Avg loan size
- $595K
- Charge-off rate
- 5.7%
- vs 15.4% national avg
Defaults
6
Avg interest
6.49%
Franchises funded
70
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The Learning Experience | 13 | $5.1M | 8.3% (moderate risk) |
| The Learning Experience | 13 | $10.1M | 0.0% (low risk) |
| Subway Sandwich Shop | 8 | $1.1M | 25.0% (very high risk) |
| Rainbow Academy | 8 | $10.7M | 0.0% (low risk) |
| Fedex Ground | 5 | $2.6M | 0.0% (low risk) |
| Lightbridge Academy | 5 | $5.2M | 0.0% (low risk) |
| Dunkin' Donuts | 5 | $7.3M | 0.0% (low risk) |
| Dunkin' Donuts | 4 | $1.2M | 0.0% (low risk) |
| The Bar Method | 4 | $1.2M | 0.0% (low risk) |
| Philly Soft Pretzel Factory | 4 | $991K | 0.0% (low risk) |
| Pump It Up | 3 | $955K | 0.0% (low risk) |
| Rainbow International Corporat | 2 | $283K | 0.0% (low risk) |
| Chrysler | 2 | $1.4M | 0.0% (low risk) |
| Servicemaster Clean | 2 | $650K | 0.0% (low risk) |
| Kiddie Academy | 2 | $3.2M | N/A |
| Dunkin Donuts | 2 | $2.0M | 50.0% (very high risk) |
| Roy Rogers | 2 | $1.8M | N/A |
| Subway | 2 | $360K | 0.0% (low risk) |
| Code Ninjas | 2 | $500K | N/A |
| Bubbakoo's Burritos | 2 | $933K | N/A |
Lending volume by year
1'97
1
1
1
3
4'05
1
1
7
5
1'11
4
5
18
16
10'16
12
8
7
4
14'21
6
2
3
5
1'26
Provident Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1165.6% (moderate risk)
130.0% (low risk)
820.0% (very high risk)
20.0% (low risk)
10.0% (low risk)
1N/A
Portfolio summary
Total funded$84.0M
Defaults6 of 141
Risk tierGOOD
Avg rate6.49%
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). 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 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.