TA
SBA 7(a) franchise lending portfolio
The Adirondack Trust Company
ELEVATED risk
- Total loans
- 16
- Loan volume
- $2.2M
- Avg loan size
- $136K
- Charge-off rate
- 18.8%
- vs 15.4% national avg
Defaults
3
Avg interest
5.75%
Franchises funded
11
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Meat House (the) | 3 | $1.2M | 0.0% (low risk) |
| Snap-On-Tools | 2 | $156K | 100.0% (very high risk) |
| Dickey's Barbeque | 2 | $155K | 0.0% (low risk) |
| Paul Davis Restoration | 2 | $150K | 0.0% (low risk) |
| Ben & Jerry's Ice Cream | 1 | $100K | 0.0% (low risk) |
| Color Tyme | 1 | $30K | 0.0% (low risk) |
| Jackson Hewitt Tax Service | 1 | $50K | 0.0% (low risk) |
| Maui Play Care | 1 | $150K | 0.0% (low risk) |
| We Rock The Spectrum Kid's Gym | 1 | $80K | 0.0% (low risk) |
| Papa John's Pizza | 1 | $110K | 0.0% (low risk) |
| Easyhome | 1 | $30K | 100.0% (very high risk) |
Lending volume by year
1'97
2'98
1'99
1'01
2'09
1'10
3'11
1'12
2'15
2'17
Geographic exposure
1618.8% (high risk)
Portfolio summary
Total funded$2.2M
Defaults3 of 16
Risk tierELEVATED
Avg rate5.75%
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 The Adirondack Trust Company originated?
- 16 loans totaling $2.2M. The portfolio carries a 18.8% 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 The Adirondack Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands The Adirondack Trust Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.