SA
SBA 7(a) franchise lending portfolio
Saco and Biddeford Savings Institution
ELEVATED risk
- Total loans
- 11
- Loan volume
- $975K
- Avg loan size
- $89K
- Charge-off rate
- 18.2%
- vs 15.4% national avg
Defaults
2
Avg interest
5.88%
Franchises funded
8
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Prudential Realtors (the) | 2 | $35K | 100.0% (very high risk) |
| Minuteman Press | 2 | $105K | 0.0% (low risk) |
| Tropical Smoothie | 2 | $300K | 0.0% (low risk) |
| Snap-On-Tools | 1 | $40K | 0.0% (low risk) |
| Merry Maids | 1 | $15K | 0.0% (low risk) |
| Tim Horton Donuts | 1 | $5K | 0.0% (low risk) |
| The Signery | 1 | $340K | 0.0% (low risk) |
| World Inspection Network | 1 | $135K | 0.0% (low risk) |
Lending volume by year
1'95
2'08
1'09
1'10
1'11
1'12
3'13
1'16
Geographic exposure
1118.2% (high risk)
Portfolio summary
Total funded$975K
Defaults2 of 11
Risk tierELEVATED
Avg rate5.88%
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 Saco and Biddeford Savings Institution originated?
- 11 loans totaling $1.0M. The portfolio carries a 18.2% charge-off rate, earning a “ELEVATED” 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 Saco and Biddeford Savings Institution fund the most?
- The “Top franchise exposures” table above lists the brands Saco and Biddeford Savings Institution has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.