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SBA 7(a) franchise lending portfolio
Rockland Trust Company
EXCELLENT risk
- Total loans
- 183
- Loan volume
- $35.9M
- Avg loan size
- $196K
- Default 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% |
| Honey Dew Donuts | 11 | $1.4M | 0.0% |
| Subway | 7 | $1.2M | 0.0% |
| Orange Leaf | 6 | $1.2M | 16.7% |
| btone FITNESS | 6 | $1.4M | — |
| Meineke Car Care Center | 4 | $1.3M | — |
| Minuteman Press | 3 | $210K | 0.0% |
| Monster Mini Golf | 3 | $413K | 0.0% |
| Touch Of Elements | 3 | $150K | 0.0% |
| Automotive Technologies | 3 | $165K | 0.0% |
| Fitness Together | 3 | $170K | 0.0% |
| The UPS Store | 3 | $380K | 0.0% |
| Elements Therapeutic Massage | 3 | $877K | 0.0% |
| Edible Arrangements | 3 | $152K | 0.0% |
| Tropical Smoothie Cafe | 3 | $1.3M | — |
| Signs By Tomorrow | 2 | $140K | 0.0% |
| Meineke Car Care | 2 | $853K | 0.0% |
| Mobil Oil (stations) | 2 | $254K | 0.0% |
| Mail Boxes Etc. Usa | 2 | $188K | 0.0% |
| Quiznos | 2 | $245K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
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
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%).