![Farmers State Bank logo](https://cdn.brandfetch.io/farmersstatebank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Farmers State Bank
GOOD risk
- Total loans
- 76
- Loan volume
- $16.1M
- Avg loan size
- $212K
- Default rate
- 7.7%
- vs 15.4% national avg
Defaults
5
Avg interest
6.09%
Franchises funded
47
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Pronto Markets | 11 | $2.0M | 0.0% |
| Great Clips | 9 | $907K | 0.0% |
| Hardware Hank | 3 | $385K | 0.0% |
| Lillians Shoppes | 3 | $182K | 0.0% |
| Pita Pit | 2 | $424K | 0.0% |
| D-Bat | 2 | $1.3M | — |
| Anytime Fitness | 2 | $482K | 0.0% |
| Farrell's Extreme Bodyshaping | 2 | $134K | 0.0% |
| Freshii | 2 | $250K | 0.0% |
| Einstein Bros. Bagels | 2 | $1.6M | 50.0% |
| Midtown Chimney Sweeps | 2 | $275K | — |
| Music Go Round | 1 | $100K | 0.0% |
| Golden Corral (restaurant) | 1 | $88K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $128K | 0.0% |
| Days Inn | 1 | $762K | 0.0% |
| Blimpie | 1 | $100K | 100.0% |
| Yogi Bear's Jellystone Park | 1 | $200K | 0.0% |
| Play It Again Sports (retail S | 1 | $50K | 0.0% |
| Coast-To-Coast Store | 1 | $100K | 0.0% |
| Line-X | 1 | $80K | 0.0% |
Lending volume by year
4'92
6
5
1
3
1'97
4
1
3
1
1'10
1
5
5
5
5'15
6
1
4
1
4'21
3
1
3
2'25
Farmers State Bank default rate by loan vintage
BrandNational avg
Geographic exposure
667.3%
20.0%
20.0%
250.0%
10.0%
10.0%
10.0%
10.0%
Portfolio summary
Total funded$16.1M
Defaults5 of 76
Risk tierGOOD
Avg rate6.09%
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%).