FC
SBA 7(a) franchise lending portfolio
First Community Bank
GOOD risk
- Total loans
- 53
- Loan volume
- $25.8M
- Avg loan size
- $486K
- Charge-off rate
- 8.9%
- vs 15.4% national avg
Defaults
4
Avg interest
6.02%
Franchises funded
45
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 4 | $455K | 50.0% (very high risk) |
| Sears Catalog Store | 3 | $16K | 0.0% (low risk) |
| Liberty Tax Service | 3 | $62K | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 2 | $2.0M | 0.0% (low risk) |
| Dairy Queen | 1 | $46K | 0.0% (low risk) |
| Spring-Green Lawn Care | 1 | $60K | 0.0% (low risk) |
| Goddard Early Learning Center | 1 | $200K | 0.0% (low risk) |
| Hallmark Card Shop | 1 | $172K | 0.0% (low risk) |
| Great Clips | 1 | $50K | 0.0% (low risk) |
| Wild Bird Centers | 1 | $85K | 0.0% (low risk) |
| Image Sun | 1 | $250K | 0.0% (low risk) |
| Western Sizzlin Steak House | 1 | $684K | 0.0% (low risk) |
| Blimpie | 1 | $60K | 0.0% (low risk) |
| Sylvan Learning Center | 1 | $600K | 0.0% (low risk) |
| Lawn Doctor | 1 | $70K | 0.0% (low risk) |
| Sports Clips | 1 | $150K | 0.0% (low risk) |
| Cuppy's Coffee, Smoothies & Mo | 1 | $40K | 100.0% (very high risk) |
| Comet One-Hour Dry Cleaners | 1 | $500K | 0.0% (low risk) |
| Management Recruiters | 1 | $130K | 0.0% (low risk) |
| Romp N Roll | 1 | $45K | 0.0% (low risk) |
Lending volume by year
1'94
2
3
1
2
2'00
1
1
1
6
3'06
2
5
1
3
5'14
6
1
1
2
1'24
3'25
First Community Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
167.7% (moderate risk)
130.0% (low risk)
110.0% (low risk)
533.3% (very high risk)
366.7% (very high risk)
20.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$25.8M
Defaults4 of 53
Risk tierGOOD
Avg rate6.02%
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 Community Bank originated?
- 53 loans totaling $25.8M. The portfolio carries a 8.9% charge-off rate, earning a “GOOD” 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 Community Bank fund the most?
- The “Top franchise exposures” table above lists the brands First Community 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.