FS
SBA 7(a) franchise lending portfolio
Farmers State Bank
GOOD risk
- Total loans
- 76
- Loan volume
- $16.1M
- Avg loan size
- $212K
- Charge-off 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% (low risk) |
| Great Clips | 9 | $907K | 0.0% (low risk) |
| Hardware Hank | 3 | $385K | 0.0% (low risk) |
| Lillians Shoppes | 3 | $182K | 0.0% (low risk) |
| Pita Pit | 2 | $424K | 0.0% (low risk) |
| D-Bat | 2 | $1.3M | N/A |
| Anytime Fitness | 2 | $482K | 0.0% (low risk) |
| Farrell's Extreme Bodyshaping | 2 | $134K | 0.0% (low risk) |
| Freshii | 2 | $250K | 0.0% (low risk) |
| Einstein Bros. Bagels | 2 | $1.6M | 50.0% (very high risk) |
| Midtown Chimney Sweeps | 2 | $275K | N/A |
| Music Go Round | 1 | $100K | 0.0% (low risk) |
| Golden Corral (restaurant) | 1 | $88K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $128K | 0.0% (low risk) |
| Days Inn | 1 | $762K | 0.0% (low risk) |
| Blimpie | 1 | $100K | 100.0% (very high risk) |
| Yogi Bear's Jellystone Park | 1 | $200K | 0.0% (low risk) |
| Play It Again Sports (retail S | 1 | $50K | 0.0% (low risk) |
| Coast-To-Coast Store | 1 | $100K | 0.0% (low risk) |
| Line-X | 1 | $80K | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
667.3% (moderate risk)
20.0% (low risk)
20.0% (low risk)
250.0% (very high risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
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
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). 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 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.