M
SBA 7(a) franchise lending
Maine
ME
- Total loans
- 387
- Loan volume
- $118.1M
- Charge-off rate
- 13.3%
- Jobs created
- 6,129
Defaults
42
Avg interest
6.35%
Job velocity
5.2
per $100K loaned
Franchises active
182
Highest charge-off rates in Maine
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Pearle Vision Center | 7 | charge-off rate: 57.1% | 9.5% |
| Quiznos | 5 | charge-off rate: 40.0% | 28.1% |
| Sears Catalog Store | 5 | charge-off rate: 20.0% | 12.9% |
| Chrysler | 8 | charge-off rate: 12.5% | 2.9% |
| Subway Sandwich Shop | 19 | charge-off rate: 0.0% | 6.1% |
| Mail Boxes Etc. Usa | 5 | charge-off rate: 0.0% | 12.2% |
| Servpro | 8 | charge-off rate: 0.0% | 7.3% |
| Dairy Queen | 12 | charge-off rate: 0.0% | 10.7% |
| Domino's Pizza | 8 | charge-off rate: 0.0% | 10.7% |
| Dunkin Donuts | 26 | charge-off rate: 0.0% | 8.3% |
Lowest charge-off rates in Maine
| Franchise | Loans | Default % |
|---|---|---|
| Subway Sandwich Shop | 19 | charge-off rate: 0.0% |
| Mail Boxes Etc. Usa | 5 | charge-off rate: 0.0% |
| Servpro | 8 | charge-off rate: 0.0% |
| Dairy Queen | 12 | charge-off rate: 0.0% |
| Domino's Pizza | 8 | charge-off rate: 0.0% |
| Dunkin Donuts | 26 | charge-off rate: 0.0% |
| Planet Fitness | 9 | charge-off rate: 0.0% |
| Chrysler | 8 | charge-off rate: 12.5% |
| Sears Catalog Store | 5 | charge-off rate: 20.0% |
| Quiznos | 5 | charge-off rate: 40.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 41 | $8.8M | charge-off rate: 5.1% | |
| Fitness & Recreational Sports713940 | 25 | $6.3M | charge-off rate: 9.5% | |
| Limited-Service Restaurants722513 | 25 | $13.8M | charge-off rate: 20.0% | |
| Full-Service Restaurants722110 | 17 | $4.4M | charge-off rate: 5.9% | |
| Hardware Stores444130 | 13 | $2.8M | charge-off rate: 30.8% | |
| Full-Service Restaurants722511 | 13 | $9.2M | charge-off rate: 60.0% | |
| New Car Dealers441110 | 9 | $4.4M | charge-off rate: 11.1% | |
| Hotels & Motels721110 | 9 | $9.8M | charge-off rate: 12.5% | |
| Residential Remodelers236118 | 9 | $1.8M | charge-off rate: 33.3% | |
| Janitorial Services561720 | 8 | $449K | charge-off rate: 0.0% |
Franchise lending volume by year
7'92
3
10
9
4
18'97
5
12
16
9
6'02
7
12
15
18
13'07
18
8
13
18
17'12
13
13
11
10
10'17
12
12
14
7
14'22
12
12
7
2'26
Maine charge-off rate by loan vintage
BrandNational avg
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. Job velocity = jobs created per $100K loaned.
Frequently asked questions
- How many SBA 7(a) franchise loans has Maine received?
- 387 loans totaling $118.1M, with 42 charged off. The statewide charge-off rate is 13.3%.
- What is a charge-off rate and how should I interpret it?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Rates materially above that suggest higher-risk franchise selection or weaker borrower vetting in this state.
- Which franchise brands perform best and worst in Maine?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Maine by their statewide loan performance. Click any brand for full FDD-disclosed financials and nationwide SBA history.
- 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.