SB
SBA 7(a) franchise lending portfolio
Shoreham Bank
GOOD risk
- Total loans
- 222
- Loan volume
- $537.5M
- Avg loan size
- $2.4M
- Charge-off rate
- 6.1%
- vs 15.4% national avg
Defaults
6
Avg interest
7.43%
Franchises funded
77
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| La Quinta by Wyndham a.k.a. La | 24 | $89.1M | 0.0% (low risk) |
| Quality Inn by Choice Hotels / | 15 | $44.9M | 16.7% (high risk) |
| Super 8 by Wyndhan | 14 | $30.1M | 0.0% (low risk) |
| Red Roof Inn | 12 | $31.4M | 0.0% (low risk) |
| Best Western - Membership Agre | 12 | $40.2M | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 9 | $35.6M | 0.0% (low risk) |
| Days Inn by Wyndham | 8 | $18.1M | 0.0% (low risk) |
| American Brake Service | 6 | $567K | 0.0% (low risk) |
| Baymont by Wyndham aka Baymont | 6 | $16.0M | 0.0% (low risk) |
| Comfort Suites by Choice Hotel | 6 | $26.0M | 33.3% (very high risk) |
| Fairfield by Marriott/Fairfiel | 5 | $18.9M | 0.0% (low risk) |
| Blimpie | 4 | $242K | 0.0% (low risk) |
| Sunoco Service Station | 4 | $2.3M | 66.7% (very high risk) |
| Comfort Inn by Choice Hotels/C | 4 | $16.3M | 0.0% (low risk) |
| Motel 6 | 4 | $7.6M | 0.0% (low risk) |
| Rodeway Inn by Choice Hotels/R | 4 | $8.4M | 0.0% (low risk) |
| AmericInn by Wyndham | 4 | $12.3M | N/A |
| Citgo Service Station | 3 | $3.0M | 0.0% (low risk) |
| Bp Express | 3 | $2.4M | 0.0% (low risk) |
| Country Inn & Suites by Radiss | 3 | $8.8M | 0.0% (low risk) |
Lending volume by year
3'93
2
9
5
2
4'98
1
2
2
1
2'06
4
8
6
1
2'13
2
6
14
14
33'21
30
24
23
18
4'26
Shoreham Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
350.0% (low risk)
3118.2% (high risk)
200.0% (low risk)
1911.1% (elevated risk)
1114.3% (elevated risk)
100.0% (low risk)
916.7% (high risk)
90.0% (low risk)
90.0% (low risk)
90.0% (low risk)
Portfolio summary
Total funded$537.5M
Defaults6 of 222
Risk tierGOOD
Avg rate7.43%
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 Shoreham Bank originated?
- 222 loans totaling $537.5M. The portfolio carries a 6.1% charge-off rate, earning a “GOOD” 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 Shoreham Bank fund the most?
- The “Top franchise exposures” table above lists the brands Shoreham Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.