![First Bank & Trust logo](https://cdn.brandfetch.io/firstbankandtrust.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
First Bank & Trust
GOOD risk
- Total loans
- 42
- Loan volume
- $14.9M
- Avg loan size
- $354K
- Default rate
- 7.7%
- vs 15.4% national avg
Defaults
2
Avg interest
8.25%
Franchises funded
26
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 4 | $489K | 0.0% |
| Dairy Queen | 3 | $763K | 0.0% |
| Pizza Ranch | 3 | $606K | 0.0% |
| Jimmy John's | 3 | $881K | 0.0% |
| Culligan | 3 | $688K | — |
| Ziggi's Coffee | 3 | $4.9M | — |
| True Value Hardware | 2 | $299K | 0.0% |
| Mr. Handyman | 2 | $197K | — |
| Tropical Smoothie Cafe | 2 | $733K | — |
| Snyder Drug | 1 | $250K | 0.0% |
| Pizza Time | 1 | $150K | 100.0% |
| Radio Shack | 1 | $50K | 0.0% |
| Coast-To-Coast Store | 1 | $125K | 0.0% |
| Ford Motor (dealers) | 1 | $260K | 0.0% |
| Fastsigns | 1 | $100K | 0.0% |
| Candleman | 1 | $88K | 100.0% |
| Quiznos | 1 | $150K | 0.0% |
| Gymboree | 1 | $60K | 0.0% |
| General Nutrition Center | 1 | $582K | 0.0% |
| Naturalawn Of America | 1 | $150K | 0.0% |
Lending volume by year
2'92
1
2
3
1
2'97
1
1
2
1
1'02
2
1
2
1
1'11
1
1
1
3
6'24
6'25
Geographic exposure
Portfolio summary
Total funded$14.9M
Defaults2 of 42
Risk tierGOOD
Avg rate8.25%
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%).