FB
SBA 7(a) franchise lending portfolio
First Business Bank
AVERAGE risk
- Total loans
- 151
- Loan volume
- $106.3M
- Avg loan size
- $704K
- Charge-off rate
- 11.2%
- vs 15.4% national avg
Defaults
11
Avg interest
7.46%
Franchises funded
103
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sky Zone Indoor Trampoline Par | 11 | $31.6M | 0.0% (low risk) |
| Woodcraft | 5 | $1.3M | 0.0% (low risk) |
| The UPS Store | 5 | $820K | 0.0% (low risk) |
| Wild Birds Unlimited | 5 | $2.1M | N/A |
| Skyzone | 4 | $7.8M | 0.0% (low risk) |
| Anytime Fitness | 3 | $1.1M | 0.0% (low risk) |
| Menchie's | 3 | $984K | 0.0% (low risk) |
| Paris Banh Mi - Product Licens | 3 | $2.2M | N/A |
| Duct Doctor Usa | 2 | $132K | 0.0% (low risk) |
| Orange Theory Fitness | 2 | $821K | 0.0% (low risk) |
| Floorcoverings International | 2 | $294K | 100.0% (very high risk) |
| MidiCi | 2 | $1.6M | 0.0% (low risk) |
| Edible Arrangements | 2 | $439K | 0.0% (low risk) |
| Nurse Next Door | 2 | $225K | 50.0% (very high risk) |
| Quality Inn/Quality Suites, Ho | 2 | $3.5M | 0.0% (low risk) |
| Cold Stone Creamery | 2 | $417K | 0.0% (low risk) |
| Servpro | 2 | $1.1M | 0.0% (low risk) |
| World Of Beer | 2 | $1.1M | 0.0% (low risk) |
| Senior Helpers | 2 | $975K | 0.0% (low risk) |
| AAMCO Transmissions | 2 | $445K | 0.0% (low risk) |
Lending volume by year
1'98
1'01
1'02
1'12
5'13
7'14
23'15
29'16
10'17
7'18
9'19
6'20
4'21
7'22
8'23
13'24
16'25
3'26
First Business Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
2310.0% (elevated risk)
205.6% (moderate risk)
1512.5% (elevated risk)
1333.3% (very high risk)
110.0% (low risk)
90.0% (low risk)
90.0% (low risk)
633.3% (very high risk)
40.0% (low risk)
30.0% (low risk)
Portfolio summary
Total funded$106.3M
Defaults11 of 151
Risk tierAVERAGE
Avg rate7.46%
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 Business Bank originated?
- 151 loans totaling $106.3M. The portfolio carries a 11.2% charge-off rate, earning a “AVERAGE” 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 Business Bank fund the most?
- The “Top franchise exposures” table above lists the brands First Business 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.