SBA 7(a) franchise lending portfolio
First Business Bank
- Total loans
- 151
- Loan volume
- $106.3M
- Avg loan size
- $704K
- Charge-off rate
- 11.2%
- vs 16.0% national
Charged off
11
Avg interest
7.46%
Franchises funded
103
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Sky Zone Indoor Trampoline Par | 11 | $31.6M | N/A |
| Woodcraft | 5 | $1.3M | N/A |
| The UPS Store | 5 | $820K | N/A |
| Wild Birds Unlimited | 5 | $2.1M | N/A |
| Skyzone | 4 | $7.8M | N/A |
| Anytime Fitness | 3 | $1.1M | N/A |
| Menchie's | 3 | $984K | N/A |
| Paris Banh Mi - Product Licens | 3 | $2.2M | N/A |
| Duct Doctor Usa | 2 | $132K | N/A |
| Orange Theory Fitness | 2 | $821K | N/A |
| Floorcoverings International | 2 | $294K | N/A |
| MidiCi | 2 | $1.6M | N/A |
| Edible Arrangements | 2 | $439K | N/A |
| Nurse Next Door | 2 | $225K | N/A |
| Quality Inn/Quality Suites, Ho | 2 | $3.5M | N/A |
| Cold Stone Creamery | 2 | $417K | N/A |
| Servpro | 2 | $1.1M | N/A |
| World Of Beer | 2 | $1.1M | N/A |
| Senior Helpers | 2 | $975K | N/A |
| AAMCO Transmissions | 2 | $445K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1998 | 1 |
| FY2001 | 1 |
| FY2002 | 1 |
| FY2012 | 1 |
| FY2013 | 5 |
| FY2014 | 7 |
| FY2015 | 23 |
| FY2016 | 29 |
| FY2017 | 10 |
| FY2018 | 7 |
| FY2019 | 9 |
| FY2020 | 6 |
| FY2021 | 4 |
| FY2022 | 7 |
| FY2023 | 8 |
| FY2024 | 13 |
| FY2025 | 16 |
| FY2026 | 3 |
SBA 7(a) · charge-off rate by approval year
First Business Bank: 6 of the 7 charge-offs in the rated years came from 2015 loans
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 |
|---|---|---|---|
| 2013 | 5 | 0 | Too few |
| 2014 | 7 | 1 | Too few |
| 2015 | 23 | 6 | 26.1% |
| 2016 | 27 | 1 | 3.7% |
| 2017 | 8 | 2 | Too few |
| 2018 | 6 | 0 | Too few |
| 2019 | 7 | 0 | Too few |
| 2020 | 5 | 0 | Too early |
| 2022 | 3 | 1 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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). 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 Business Bank's rate of 11.2% is below 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 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.