TM
SBA 7(a) franchise lending portfolio
The Middlefield Banking Company
ELEVATED risk
- Total loans
- 15
- Loan volume
- $7.0M
- Avg loan size
- $467K
- Charge-off rate
- 16.7%
- vs 15.4% national avg
Defaults
1
Avg interest
6.60%
Franchises funded
12
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| VIO Med Spa | 4 | $1.4M | N/A |
| Red Roof Inn | 1 | $1.4M | 0.0% (low risk) |
| Namaste Nail Sanctuary | 1 | $312K | N/A |
| Bang Bang Mongolian Grill | 1 | $465K | 100.0% (very high risk) |
| Motel 6 | 1 | $1.0M | 0.0% (low risk) |
| Zoup! | 1 | $335K | 0.0% (low risk) |
| Subway | 1 | $239K | 0.0% (low risk) |
| Sandellas Flatbread Cafe | 1 | $130K | 0.0% (low risk) |
| Cold Stone Creamery | 1 | $347K | N/A |
| Whit's Frozen Custard | 1 | $300K | N/A |
| Gong Cha (only for NJ, NY, MA | 1 | $260K | N/A |
| Degree Wellness | 1 | $787K | N/A |
Lending volume by year
1'10
1'11
2'12
1'15
2'19
2'20
2'22
2'24
1'25
1'26
Geographic exposure
1516.7% (high risk)
Portfolio summary
Total funded$7.0M
Defaults1 of 15
Risk tierELEVATED
Avg rate6.60%
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 Middlefield Banking Company originated?
- 15 loans totaling $7.0M. The portfolio carries a 16.7% 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 Middlefield Banking Company fund the most?
- The “Top franchise exposures” table above lists the brands The Middlefield Banking 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.