SB
SBA 7(a) franchise lending portfolio
Spring Bank
GOOD risk
- Total loans
- 24
- Loan volume
- $42.1M
- Avg loan size
- $1.8M
- Charge-off 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% (low risk) |
| Days Inn | 2 | $6.1M | 0.0% (low risk) |
| Home Helpers | 2 | $115K | 0.0% (low risk) |
| Dunkin Donuts | 2 | $2.2M | 0.0% (low risk) |
| Monkey Joe's | 1 | $250K | 0.0% (low risk) |
| Holiday Inn | 1 | $4.0M | 100.0% (very high risk) |
| Super 8 Motel | 1 | $2.4M | 0.0% (low risk) |
| Holiday Inn/Holiday Inn & Suit | 1 | $5.0M | N/A |
| Rodeway Inn | 1 | $1.2M | 0.0% (low risk) |
| Dunkin' Donuts | 1 | $1.6M | 0.0% (low risk) |
| Central Bark Doggy Day Care | 1 | $140K | 0.0% (low risk) |
| Red Carpet Inn | 1 | $2.3M | N/A |
| Wyndham Hotels & Resorts | 1 | $300K | 0.0% (low risk) |
| Best Western Inn | 1 | $4.2M | 0.0% (low risk) |
| Quality Inn/Quality Suites, Ho | 1 | $2.0M | N/A |
| Dunkin' Donut/Baskin-Robbins C | 1 | $150K | N/A |
| Dunkin' Donuts | 1 | $4.0M | 0.0% (low risk) |
| Super 8 by Wyndhan | 1 | $1.5M | N/A |
| Econo Lodge by Choice Hotels/E | 1 | $4.1M | N/A |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
70.0% (low risk)
70.0% (low risk)
50.0% (low risk)
533.3% (very high risk)
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
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 Spring Bank originated?
- 24 loans totaling $42.1M. The portfolio carries a 5.9% 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 Spring Bank fund the most?
- The “Top franchise exposures” table above lists the brands Spring 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.