FranchiseVerdict
First Eagle Bank logo

SBA 7(a) franchise lending portfolio

First Eagle Bank

EXCELLENT risk
Total loans
10
Loan volume
$2.0M
Avg loan size
$198K
Default rate
0.0%
vs 15.4% national avg

Defaults

0

Avg interest

6.57%

Franchises funded

7

Risk rating

EXCELLENT

Top franchise exposures

FranchiseLoansVolumeDefault %
Pure Barre2$368K0.0%
Title Boxing Club2$508K0.0%
Subway Sandwich Shop2$425K0.0%
Paper Warehouse (party Supplie1$80K0.0%
Discovery Zone (children's Gym1$350K0.0%
Baskin-Robbins 31 Ice Cream1$40K0.0%
Stretch Lab1$205K

Lending volume by year

1
'92
1
'93
1
'97
1
'10
1
'11
1
'15
1
'17
1
'19
1
'20
1
'22

Geographic exposure

100.0%

Portfolio summary

Total funded$2.0M
Defaults0 of 10
Risk tierEXCELLENT
Avg rate6.57%

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%).