FS
SBA 7(a) franchise lending portfolio
Farmers State Bank
Risk rating: Good
- Total loans
- 76
- Loan volume
- $16.1M
- Avg loan size
- $212K
- Charge-off rate
- 7.7%
- vs 16.0% national
Charged off
5
Avg interest
6.09%
Franchises funded
47
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Pronto Markets | 11 | $2.0M | 0.0% (excellent) |
| Great Clips | 9 | $907K | N/A |
| Hardware Hank | 3 | $385K | N/A |
| Lillians Shoppes | 3 | $182K | N/A |
| Pita Pit | 2 | $424K | N/A |
| D-Bat | 2 | $1.3M | N/A |
| Anytime Fitness | 2 | $482K | N/A |
| Farrell's Extreme Bodyshaping | 2 | $134K | N/A |
| Freshii | 2 | $250K | N/A |
| Einstein Bros. Bagels | 2 | $1.6M | N/A |
| Midtown Chimney Sweeps | 2 | $275K | N/A |
| Music Go Round | 1 | $100K | N/A |
| Golden Corral (restaurant) | 1 | $88K | N/A |
| Mail Boxes Etc. Usa | 1 | $128K | N/A |
| Days Inn | 1 | $762K | N/A |
| Blimpie | 1 | $100K | N/A |
| Yogi Bear's Jellystone Park | 1 | $200K | N/A |
| Play It Again Sports (retail S | 1 | $50K | N/A |
| Coast-To-Coast Store | 1 | $100K | N/A |
| Line-X | 1 | $80K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 4 |
| FY1993 | 6 |
| FY1994 | 5 |
| FY1995 | 1 |
| FY1996 | 3 |
| FY1997 | 1 |
| FY2003 | 4 |
| FY2005 | 1 |
| FY2007 | 3 |
| FY2008 | 1 |
| FY2010 | 1 |
| FY2011 | 1 |
| FY2012 | 5 |
| FY2013 | 5 |
| FY2014 | 5 |
| FY2015 | 5 |
| FY2016 | 6 |
| FY2017 | 1 |
| FY2018 | 4 |
| FY2019 | 1 |
| FY2021 | 4 |
| FY2022 | 3 |
| FY2023 | 1 |
| FY2024 | 3 |
| FY2025 | 2 |
SBA 7(a) · charge-off rate by approval year
Farmers State Bank charge-off rate by loan vintage
None of these 12 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 4 | 0 | Too few |
| 1993 | 6 | 1 | Too few |
| 1994 | 5 | 0 | Too few |
| 1996 | 3 | 0 | Too few |
| 2003 | 4 | 1 | Too few |
| 2007 | 3 | 1 | Too few |
| 2012 | 5 | 0 | Too few |
| 2013 | 5 | 1 | Too few |
| 2014 | 5 | 0 | Too few |
| 2015 | 5 | 0 | Too few |
| 2016 | 6 | 1 | Too few |
| 2018 | 4 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
667.3% (good)
2N/A
2N/A
2N/A
1N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$16.1M
Charged off5 of 76
Risk tierGood
Avg rate6.09%
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 Farmers State Bank originated?
- 76 loans totaling $16.1M. The portfolio carries a 7.7% charge-off rate, earning a “Good” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Farmers State Bank's rate of 7.7% is below the national rate.
- 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 Farmers State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Farmers State 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.