![First Community Bank logo](https://cdn.brandfetch.io/firstcommunitybank.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 Community Bank
GOOD risk
- Total loans
- 53
- Loan volume
- $25.8M
- Avg loan size
- $486K
- Default 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% |
| Sears Catalog Store | 3 | $16K | 0.0% |
| Liberty Tax Service | 3 | $62K | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 2 | $2.0M | 0.0% |
| Dairy Queen | 1 | $46K | 0.0% |
| Spring-Green Lawn Care | 1 | $60K | 0.0% |
| Goddard Early Learning Center | 1 | $200K | 0.0% |
| Hallmark Card Shop | 1 | $172K | 0.0% |
| Great Clips | 1 | $50K | 0.0% |
| Wild Bird Centers | 1 | $85K | 0.0% |
| Image Sun | 1 | $250K | 0.0% |
| Western Sizzlin Steak House | 1 | $684K | 0.0% |
| Blimpie | 1 | $60K | 0.0% |
| Sylvan Learning Center | 1 | $600K | 0.0% |
| Lawn Doctor | 1 | $70K | 0.0% |
| Sports Clips | 1 | $150K | 0.0% |
| Cuppy's Coffee, Smoothies & Mo | 1 | $40K | 100.0% |
| Comet One-Hour Dry Cleaners | 1 | $500K | 0.0% |
| Management Recruiters | 1 | $130K | 0.0% |
| Romp N Roll | 1 | $45K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
167.7%
130.0%
110.0%
533.3%
366.7%
20.0%
10.0%
10.0%
10.0%
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
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%).