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SBA 7(a) franchise lending portfolio
First American Bank
ELEVATED risk
- Total loans
- 95
- Loan volume
- $27.3M
- Avg loan size
- $287K
- Default rate
- 18.2%
- vs 15.4% national avg
Defaults
16
Avg interest
5.99%
Franchises funded
58
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 6 | $715K | 0.0% |
| Color Me Mine Franchising, Inc | 5 | $210K | 0.0% |
| Snap Fitness | 5 | $912K | 40.0% |
| Baskin-Robbins 31 Ice Cream | 4 | $145K | 0.0% |
| Servpro | 4 | $9.1M | 0.0% |
| Curtain Exchange Dallas (the) | 3 | $251K | 0.0% |
| Cold Stone Creamery | 3 | $975K | 100.0% |
| Quiznos | 3 | $609K | 33.3% |
| Cold Stone Creamery, Inc. | 3 | $760K | 0.0% |
| Curves For Women | 3 | $240K | 33.3% |
| Auntie Ann's (soft Pretzels) | 2 | $714K | 0.0% |
| Cici's Pizza | 2 | $349K | 0.0% |
| Fantastic Sam's | 2 | $195K | 0.0% |
| Medicine Shoppe | 2 | $280K | 0.0% |
| Dickey's Barbecue Pit | 2 | $610K | 100.0% |
| Servpro | 2 | $500K | 0.0% |
| 100 Montaditos | 2 | $110K | 0.0% |
| Color Me Mine | 2 | $40K | 0.0% |
| Domino's Pizza | 1 | $60K | 0.0% |
| Quizno's Subs | 1 | $50K | 0.0% |
Lending volume by year
1'97
1
2
7
5
14'05
2
11
20
3
1'10
1
4
4
4
3'16
2
1
1
4
1'23
1
2'25
First American Bank 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%).