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SBA 7(a) franchise lending portfolio
Provident Bank
GOOD risk
- Total loans
- 141
- Loan volume
- $84.0M
- Avg loan size
- $595K
- Default 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% |
| The Learning Experience | 13 | $10.1M | 0.0% |
| Subway Sandwich Shop | 8 | $1.1M | 25.0% |
| Rainbow Academy | 8 | $10.7M | 0.0% |
| Fedex Ground | 5 | $2.6M | 0.0% |
| Lightbridge Academy | 5 | $5.2M | 0.0% |
| Dunkin' Donuts | 5 | $7.3M | 0.0% |
| Dunkin' Donuts | 4 | $1.2M | 0.0% |
| The Bar Method | 4 | $1.2M | 0.0% |
| Philly Soft Pretzel Factory | 4 | $991K | 0.0% |
| Pump It Up | 3 | $955K | 0.0% |
| Rainbow International Corporat | 2 | $283K | 0.0% |
| Chrysler | 2 | $1.4M | 0.0% |
| Servicemaster Clean | 2 | $650K | 0.0% |
| Kiddie Academy | 2 | $3.2M | — |
| Dunkin Donuts | 2 | $2.0M | 50.0% |
| Roy Rogers | 2 | $1.8M | — |
| Subway | 2 | $360K | 0.0% |
| Code Ninjas | 2 | $500K | — |
| Bubbakoo's Burritos | 2 | $933K | — |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
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
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%).