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SBA 7(a) franchise lending portfolio
America First FCU
AVERAGE risk
- Total loans
- 85
- Loan volume
- $56.0M
- Avg loan size
- $659K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
5
Avg interest
6.74%
Franchises funded
61
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| FiiZ Drinks | 5 | $1.4M | 0.0% |
| Bee Hive Homes | 5 | $7.8M | — |
| Baskin-Robbins | 3 | $536K | 0.0% |
| Scooter's Coffee | 3 | $1.7M | — |
| KellerStrass Enterprises (Chev | 3 | $4.4M | — |
| Fitness Together | 2 | $165K | 100.0% |
| Crown Trophy | 2 | $77K | 0.0% |
| Subway Sandwich Shop | 2 | $237K | 0.0% |
| Dickey's Barbecue Pit | 2 | $405K | 0.0% |
| Cookie Cutters Haircuts for Ki | 2 | $203K | 0.0% |
| Travelodge by Wyndham | 2 | $4.5M | — |
| Miracle-Ear | 2 | $353K | 0.0% |
| 7-Eleven, Inc - Individual Sto | 2 | $1.4M | — |
| Prime IV Hydration & Wellness | 2 | $178K | 0.0% |
| Bruster's Real Ice Cream | 2 | $2.4M | — |
| Dairy Queen | 1 | $50K | 0.0% |
| Inta' Juice | 1 | $252K | 100.0% |
| Instant Imprints | 1 | $149K | 100.0% |
| Chem-Dry | 1 | $20K | 100.0% |
| Liberty Tax Service | 1 | $35K | 0.0% |
Lending volume by year
6'05
3'06
1'07
2'08
2'10
1'12
1'13
2'16
4'17
4'18
13'19
6'20
15'21
16'22
4'23
4'25
1'26
America First FCU default rate by loan vintage
BrandNational avg
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default 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%), Critical (>20%).