SBA 7(a) franchise lending portfolio
First American Bank
- Total loans
- 95
- Loan volume
- $27.3M
- Avg loan size
- $287K
- Charge-off rate
- 18.2%
- vs 16.0% national
Charged off
16
Avg interest
5.99%
Franchises funded
58
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Color Me Mine Franchising, Inc | 7 | $250K | N/A |
| Subway Sandwich Shop | 6 | $715K | N/A |
| Servpro | 6 | $9.6M | N/A |
| Cold Stone Creamery | 6 | $1.7M | N/A |
| Snap Fitness | 5 | $912K | N/A |
| Baskin-Robbins 31 Ice Cream | 4 | $145K | N/A |
| Quiznos | 4 | $659K | N/A |
| Curtain Exchange Dallas (the) | 3 | $251K | N/A |
| Curves For Women | 3 | $240K | N/A |
| Auntie Ann's (soft Pretzels) | 2 | $714K | N/A |
| Cici's Pizza | 2 | $349K | N/A |
| Fantastic Sam's | 2 | $195K | N/A |
| Medicine Shoppe | 2 | $280K | N/A |
| Dickey's Barbecue Pit | 2 | $610K | N/A |
| 100 Montaditos | 2 | $110K | N/A |
| Domino's Pizza | 1 | $60K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1997 | 1 |
| FY2001 | 1 |
| FY2002 | 2 |
| FY2003 | 7 |
| FY2004 | 5 |
| FY2005 | 14 |
| FY2006 | 2 |
| FY2007 | 11 |
| FY2008 | 20 |
| FY2009 | 3 |
| FY2010 | 1 |
| FY2012 | 1 |
| FY2013 | 4 |
| FY2014 | 4 |
| FY2015 | 4 |
| FY2016 | 3 |
| FY2018 | 2 |
| FY2019 | 1 |
| FY2020 | 1 |
| FY2021 | 4 |
| FY2023 | 1 |
| FY2024 | 1 |
| FY2025 | 2 |
SBA 7(a) · charge-off rate by approval year
First American Bank: below all franchise loans in 2 of 3 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2003 | 7 | 2 | Too few |
| 2004 | 5 | 0 | Too few |
| 2005 | 14 | 5 | 35.7% |
| 2007 | 11 | 1 | 9.1% |
| 2008 | 20 | 5 | 25.0% |
| 2009 | 3 | 0 | Too few |
| 2013 | 4 | 1 | Too few |
| 2014 | 4 | 0 | Too few |
| 2015 | 4 | 0 | Too few |
| 2016 | 3 | 1 | Too few |
| 2021 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
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). 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. First American Bank's rate of 18.2% is above 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 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.