TB
SBA 7(a) franchise lending portfolio
The Bank of Princeton
EXCELLENT risk
- Total loans
- 75
- Loan volume
- $167.4M
- Avg loan size
- $2.2M
- Charge-off rate
- 4.6%
- vs 15.4% national avg
Defaults
3
Avg interest
5.88%
Franchises funded
48
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Burger King | 6 | $13.5M | 0.0% (low risk) |
| Subway Sandwich Shop | 5 | $1.2M | 20.0% (very high risk) |
| Comfort/ Comfort Inn & Suites/ | 4 | $15.6M | 0.0% (low risk) |
| Days Inn by Wyndham | 3 | $10.5M | 0.0% (low risk) |
| Best Western Inn | 3 | $6.0M | 0.0% (low risk) |
| Print Shack | 3 | $3.0M | 0.0% (low risk) |
| Ramada Inns | 3 | $12.7M | 0.0% (low risk) |
| Days Inn | 3 | $5.8M | 0.0% (low risk) |
| Quality Inn/Quality Suites, Ho | 2 | $4.0M | 0.0% (low risk) |
| Tous Les Jours | 2 | $300K | 50.0% (very high risk) |
| Howard Johnson | 2 | $7.3M | 0.0% (low risk) |
| Best Western - Membership Agre | 2 | $10.0M | 0.0% (low risk) |
| Gong Cha (only for NJ, NY, MA | 2 | $485K | 0.0% (low risk) |
| Salad Works, Inc. | 1 | $223K | 0.0% (low risk) |
| Sir Speedy Printing Center | 1 | $150K | 0.0% (low risk) |
| Panchero's Mexican Grill | 1 | $350K | 0.0% (low risk) |
| Courtyard By Marriott | 1 | $4.2M | 0.0% (low risk) |
| Travelodge | 1 | $1.4M | N/A |
| Retro Fitness | 1 | $600K | 0.0% (low risk) |
| Red Lion Inn & Suites | 1 | $3.7M | 0.0% (low risk) |
Lending volume by year
1'05
2'09
3'10
3'11
7'12
9'13
26'14
3'15
3'16
2'17
9'18
4'19
1'21
1'22
1'23
The Bank of Princeton charge-off rate by loan vintage
BrandNational avg
Geographic exposure
2513.0% (elevated risk)
180.0% (low risk)
140.0% (low risk)
30.0% (low risk)
30.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$167.4M
Defaults3 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). 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 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.