RT
SBA 7(a) franchise lending portfolio
Rockland Trust Company
EXCELLENT risk
- Total loans
- 183
- Loan volume
- $35.9M
- Avg loan size
- $196K
- Charge-off rate
- 3.4%
- vs 15.4% national avg
Defaults
5
Avg interest
6.03%
Franchises funded
92
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 23 | $3.6M | 0.0% (low risk) |
| Honey Dew Donuts | 11 | $1.4M | 0.0% (low risk) |
| Subway | 7 | $1.2M | 0.0% (low risk) |
| Orange Leaf | 6 | $1.2M | 16.7% (high risk) |
| btone FITNESS | 6 | $1.4M | N/A |
| Meineke Car Care Center | 4 | $1.3M | N/A |
| Minuteman Press | 3 | $210K | 0.0% (low risk) |
| Monster Mini Golf | 3 | $413K | 0.0% (low risk) |
| Touch Of Elements | 3 | $150K | 0.0% (low risk) |
| Automotive Technologies | 3 | $165K | 0.0% (low risk) |
| Fitness Together | 3 | $170K | 0.0% (low risk) |
| The UPS Store | 3 | $380K | 0.0% (low risk) |
| Elements Therapeutic Massage | 3 | $877K | 0.0% (low risk) |
| Edible Arrangements | 3 | $152K | 0.0% (low risk) |
| Tropical Smoothie Cafe | 3 | $1.3M | N/A |
| Signs By Tomorrow | 2 | $140K | 0.0% (low risk) |
| Meineke Car Care | 2 | $853K | 0.0% (low risk) |
| Mobil Oil (stations) | 2 | $254K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 2 | $188K | 0.0% (low risk) |
| Quiznos | 2 | $245K | 0.0% (low risk) |
Lending volume by year
1'92
1
3
4
3
2'98
3
1
3
5
4'04
1
8
14
4
7'10
17
7
13
12
11'15
9
4
8
5
3'20
9
3
4
12
2'26
Rockland Trust Company charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1502.3% (low risk)
2512.5% (elevated risk)
70.0% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$35.9M
Defaults5 of 183
Risk tierEXCELLENT
Avg rate6.03%
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 Rockland Trust Company originated?
- 183 loans totaling $35.9M. The portfolio carries a 3.4% charge-off rate, earning a “EXCELLENT” 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 Rockland Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands Rockland Trust Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.