TB
SBA 7(a) franchise lending portfolio
The Bank of Princeton
Risk rating: Excellent
- Total loans
- 75
- Loan volume
- $167.4M
- Avg loan size
- $2.2M
- Charge-off rate
- 4.6%
- vs 16.0% national
Charged off
3
Avg interest
5.88%
Franchises funded
48
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Burger King | 6 | $13.5M | N/A |
| Days Inn by Wyndham | 6 | $16.4M | N/A |
| Subway Sandwich Shop | 5 | $1.2M | N/A |
| Best Western Inn | 5 | $16.0M | N/A |
| Comfort/ Comfort Inn & Suites/ | 4 | $15.6M | N/A |
| Print Shack | 3 | $3.0M | N/A |
| Ramada Inns | 3 | $12.7M | N/A |
| Quality Inn/Quality Suites, Ho | 2 | $4.0M | N/A |
| Tous Les Jours | 2 | $300K | N/A |
| Howard Johnson | 2 | $7.3M | N/A |
| Gong Cha (only for NJ, NY, MA | 2 | $485K | N/A |
| Salad Works, Inc. | 1 | $223K | N/A |
| Sir Speedy Printing Center | 1 | $150K | N/A |
| Panchero's Mexican Grill | 1 | $350K | N/A |
| Courtyard By Marriott | 1 | $4.2M | N/A |
| Travelodge | 1 | $1.4M | N/A |
| Retro Fitness | 1 | $600K | N/A |
| Red Lion Inn & Suites | 1 | $3.7M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2005 | 1 |
| FY2009 | 2 |
| FY2010 | 3 |
| FY2011 | 3 |
| FY2012 | 7 |
| FY2013 | 9 |
| FY2014 | 26 |
| FY2015 | 3 |
| FY2016 | 3 |
| FY2017 | 2 |
| FY2018 | 9 |
| FY2019 | 4 |
| FY2021 | 1 |
| FY2022 | 1 |
| FY2023 | 1 |
SBA 7(a) · charge-off rate by approval year
The Bank of Princeton charge-off rate by loan vintage
Only 1 of these 9 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2010 | 3 | 0 | Too few |
| 2011 | 3 | 1 | Too few |
| 2012 | 7 | 1 | Too few |
| 2013 | 8 | 1 | Too few |
| 2014 | 21 | 0 | 0.0% |
| 2015 | 3 | 0 | Too few |
| 2016 | 3 | 0 | Too few |
| 2018 | 8 | 0 | Too few |
| 2019 | 3 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
2513.0% (average)
180.0% (excellent)
140.0% (excellent)
3N/A
3N/A
2N/A
2N/A
2N/A
2N/A
1N/A
Portfolio summary
Total funded$167.4M
Charged off3 of 75
Risk tierExcellent
Avg rate5.88%
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 Bank of Princeton originated?
- 75 loans totaling $167.4M. The portfolio carries a 4.6% charge-off rate, earning a “Excellent” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. The Bank of Princeton's rate of 4.6% is below the national rate.
- 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 Bank of Princeton fund the most?
- The “Top franchise exposures” table above lists the brands The Bank of Princeton has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.