RT
SBA 7(a) franchise lending portfolio
Rockland Trust Company
Risk rating: Excellent
- Total loans
- 183
- Loan volume
- $35.9M
- Avg loan size
- $196K
- Charge-off rate
- 3.4%
- vs 16.0% national
Charged off
5
Avg interest
6.03%
Franchises funded
92
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 30 | $4.9M | 0.0% (excellent) |
| Honey Dew Donuts | 11 | $1.4M | 0.0% (excellent) |
| Orange Leaf | 6 | $1.2M | N/A |
| btone FITNESS | 6 | $1.4M | N/A |
| Meineke Car Care Center | 6 | $2.2M | N/A |
| The UPS Store | 5 | $568K | N/A |
| Minuteman Press | 3 | $210K | N/A |
| Monster Mini Golf | 3 | $413K | N/A |
| Touch Of Elements | 3 | $150K | N/A |
| Automotive Technologies | 3 | $165K | N/A |
| Fitness Together | 3 | $170K | N/A |
| Elements Therapeutic Massage | 3 | $877K | N/A |
| Edible Arrangements | 3 | $152K | N/A |
| Tropical Smoothie Cafe | 3 | $1.3M | N/A |
| Signs By Tomorrow | 2 | $140K | N/A |
| Mobil Oil (stations) | 2 | $254K | N/A |
| Quiznos | 2 | $245K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1994 | 1 |
| FY1995 | 3 |
| FY1996 | 4 |
| FY1997 | 3 |
| FY1998 | 2 |
| FY1999 | 3 |
| FY2001 | 1 |
| FY2002 | 3 |
| FY2003 | 5 |
| FY2004 | 4 |
| FY2005 | 1 |
| FY2007 | 8 |
| FY2008 | 14 |
| FY2009 | 4 |
| FY2010 | 7 |
| FY2011 | 17 |
| FY2012 | 7 |
| FY2013 | 13 |
| FY2014 | 12 |
| FY2015 | 11 |
| FY2016 | 9 |
| FY2017 | 4 |
| FY2018 | 8 |
| FY2019 | 5 |
| FY2020 | 3 |
| FY2021 | 9 |
| FY2023 | 3 |
| FY2024 | 4 |
| FY2025 | 12 |
| FY2026 | 2 |
SBA 7(a) · charge-off rate by approval year
Rockland Trust Company: below all franchise loans in 4 of 5 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1995 | 3 | 0 | Too few |
| 1996 | 4 | 0 | Too few |
| 1997 | 3 | 0 | Too few |
| 1999 | 3 | 0 | Too few |
| 2002 | 3 | 0 | Too few |
| 2003 | 5 | 0 | Too few |
| 2004 | 4 | 1 | Too few |
| 2007 | 8 | 1 | Too few |
| 2008 | 14 | 0 | 0.0% |
| 2009 | 4 | 0 | Too few |
| 2010 | 7 | 0 | Too few |
| 2011 | 17 | 0 | 0.0% |
| 2012 | 7 | 0 | Too few |
| 2013 | 13 | 1 | 7.7% |
| 2014 | 12 | 0 | 0.0% |
| 2015 | 11 | 0 | 0.0% |
| 2016 | 9 | 1 | Too few |
| 2017 | 4 | 0 | Too few |
| 2018 | 5 | 0 | Too few |
| 2019 | 5 | 0 | Too few |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$35.9M
Charged off5 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). 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. Rockland Trust Company's rate of 3.4% 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 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.