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FranchiseVerdict

SBA 7(a) franchise lending portfolio

First American Bank

ELEVATED risk
Total loans
95
Loan volume
$27.3M
Avg loan size
$287K
Charge-off rate
18.2%
vs 15.4% national avg

Defaults

16

Avg interest

5.99%

Franchises funded

58

Risk rating

ELEVATED

Top franchise exposures

FranchiseLoansVolumeDefault %
Subway Sandwich Shop6$715K0.0% (low risk)
Color Me Mine Franchising, Inc5$210K0.0% (low risk)
Snap Fitness5$912K40.0% (very high risk)
Baskin-Robbins 31 Ice Cream4$145K0.0% (low risk)
Servpro4$9.1M0.0% (low risk)
Curtain Exchange Dallas (the)3$251K0.0% (low risk)
Cold Stone Creamery3$975K100.0% (very high risk)
Quiznos3$609K33.3% (very high risk)
Cold Stone Creamery, Inc.3$760K0.0% (low risk)
Curves For Women3$240K33.3% (very high risk)
Auntie Ann's (soft Pretzels)2$714K0.0% (low risk)
Cici's Pizza2$349K0.0% (low risk)
Fantastic Sam's2$195K0.0% (low risk)
Medicine Shoppe2$280K0.0% (low risk)
Dickey's Barbecue Pit2$610K100.0% (very high risk)
Servpro2$500K0.0% (low risk)
100 Montaditos2$110K0.0% (low risk)
Color Me Mine2$40K0.0% (low risk)
Domino's Pizza1$60K0.0% (low risk)
Quizno's Subs1$50K0.0% (low risk)

First American Bank charge-off rate by loan vintage

BrandNational avg
First American Bank charge-off rate by loan vintage. Showing 11 vintages from 2003 to 2021. Rates range from 0.0% to 35.7%.0%5%10%15%20%25%30%35%40%'03'05'08'13'15'21

Geographic exposure

346.5% (moderate risk)
2437.5% (very high risk)
1613.3% (elevated risk)
1111.1% (elevated risk)
640.0% (very high risk)
40.0% (low risk)

Portfolio summary

Total funded$27.3M
Defaults16 of 95
Risk tierELEVATED
Avg rate5.99%

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 First American Bank originated?
95 loans totaling $27.3M. The portfolio carries a 18.2% charge-off rate, earning a “ELEVATED” 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 First American Bank fund the most?
The “Top franchise exposures” table above lists the brands First American 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.