WS
SBA 7(a) franchise lending portfolio
Watertown Savings Bank
CRITICAL risk
- Total loans
- 14
- Loan volume
- $1.5M
- Avg loan size
- $104K
- Charge-off rate
- 30.8%
- vs 15.4% national avg
Defaults
4
Avg interest
6.32%
Franchises funded
9
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 5 | $275K | 0.0% (low risk) |
| Quiznos | 2 | $188K | 100.0% (very high risk) |
| Quizno's Subs | 1 | $110K | 0.0% (low risk) |
| Medicine Shoppe | 1 | $50K | 0.0% (low risk) |
| Dunkin Donuts | 1 | $162K | 0.0% (low risk) |
| Save-A-Lot Food Stores | 1 | $350K | 0.0% (low risk) |
| Jakes WayBack Burgers | 1 | $112K | 100.0% (very high risk) |
| The UPS Store (f/k/a Mail Box | 1 | $80K | N/A |
| Jake's Wayback Burgers | 1 | $125K | 100.0% (very high risk) |
Lending volume by year
1'01
2'02
3'03
1'04
1'06
1'07
1'09
1'12
1'14
1'15
1'19
Geographic exposure
1430.8% (very high risk)
Portfolio summary
Total funded$1.5M
Defaults4 of 14
Risk tierCRITICAL
Avg rate6.32%
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 Watertown Savings Bank originated?
- 14 loans totaling $1.5M. The portfolio carries a 30.8% charge-off rate, earning a “CRITICAL” 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 Watertown Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands Watertown Savings Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.