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SBA 7(a) franchise lending portfolio
Spring Bank
GOOD risk
- Total loans
- 24
- Loan volume
- $42.1M
- Avg loan size
- $1.8M
- Default rate
- 5.9%
- vs 15.4% national avg
Defaults
1
Avg interest
5.51%
Franchises funded
19
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Domino's Pizza | 3 | $455K | 0.0% |
| Days Inn | 2 | $6.1M | 0.0% |
| Home Helpers | 2 | $115K | 0.0% |
| Dunkin Donuts | 2 | $2.2M | 0.0% |
| Monkey Joe's | 1 | $250K | 0.0% |
| Holiday Inn | 1 | $4.0M | 100.0% |
| Super 8 Motel | 1 | $2.4M | 0.0% |
| Holiday Inn/Holiday Inn & Suit | 1 | $5.0M | — |
| Rodeway Inn | 1 | $1.2M | 0.0% |
| Dunkin' Donuts | 1 | $1.6M | 0.0% |
| Central Bark Doggy Day Care | 1 | $140K | 0.0% |
| Red Carpet Inn | 1 | $2.3M | — |
| Wyndham Hotels & Resorts | 1 | $300K | 0.0% |
| Best Western Inn | 1 | $4.2M | 0.0% |
| Quality Inn/Quality Suites, Ho | 1 | $2.0M | — |
| Dunkin' Donut/Baskin-Robbins C | 1 | $150K | — |
| Dunkin' Donuts | 1 | $4.0M | 0.0% |
| Super 8 by Wyndhan | 1 | $1.5M | — |
| Econo Lodge by Choice Hotels/E | 1 | $4.1M | — |
Lending volume by year
1'09
5'11
4'12
2'13
1'14
3'15
2'16
2'17
3'21
1'22
Spring Bank default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$42.1M
Defaults1 of 24
Risk tierGOOD
Avg rate5.51%
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%).