TB
SBA 7(a) franchise lending portfolio
TD Bank, National Association
ELEVATED risk
- Total loans
- 1,736
- Loan volume
- $769.9M
- Avg loan size
- $444K
- Charge-off rate
- 15.1%
- vs 15.4% national avg
Defaults
208
Avg interest
7.15%
Franchises funded
646
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 76 | $10.7M | 17.1% (high risk) |
| Quiznos | 63 | $9.5M | 23.8% (very high risk) |
| Rita's Real Italian Water Ice | 32 | $5.3M | 9.4% (moderate risk) |
| Hollywood Tans | 29 | $3.5M | 3.4% (low risk) |
| The UPS Store | 26 | $4.5M | 4.2% (low risk) |
| The Goddard School | 24 | $31.9M | 0.0% (low risk) |
| Matco Tools (rent Tools) | 21 | $2.2M | 33.3% (very high risk) |
| The Goddard School | 21 | $41.2M | 20.0% (very high risk) |
| Retro Fitness | 20 | $16.5M | 0.0% (low risk) |
| The UPS Store (f/k/a Mail Box | 19 | $9.8M | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 17 | $2.0M | 5.9% (moderate risk) |
| Jimmy John's | 17 | $6.7M | 17.6% (high risk) |
| Primrose Schools | 17 | $28.6M | 0.0% (low risk) |
| Kiddie Academy | 17 | $11.9M | 0.0% (low risk) |
| Dunkin Donuts | 16 | $12.3M | 12.5% (elevated risk) |
| Domino's Pizza | 15 | $2.5M | 6.7% (moderate risk) |
| Subway | 15 | $2.9M | 16.7% (high risk) |
| Curves For Women | 14 | $1.3M | 7.1% (moderate risk) |
| Primrose Schools | 14 | $19.5M | N/A |
| Edible Arrangements | 13 | $1.6M | 15.4% (high risk) |
Lending volume by year
9'92
9
9
23
27
27'97
16
12
18
46
88'02
124
151
112
44
55'07
43
48
25
35
51'12
45
43
56
39
72'17
119
79
41
57
35'22
52
66
51
9'26
TD Bank, National Association charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
59115.2% (high risk)
22016.3% (high risk)
21416.3% (high risk)
19918.8% (high risk)
949.8% (moderate risk)
827.4% (moderate risk)
469.8% (moderate risk)
4511.4% (elevated risk)
459.4% (moderate risk)
4511.8% (elevated risk)
Portfolio summary
Total funded$769.9M
Defaults208 of 1,736
Risk tierELEVATED
Avg rate7.15%
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 TD Bank, National Association originated?
- 1,736 loans totaling $769.9M. The portfolio carries a 15.1% 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 TD Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands TD Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.