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SBA 7(a) franchise lending portfolio
First Federal Savings Bank
GOOD risk
- Total loans
- 28
- Loan volume
- $23.4M
- Avg loan size
- $836K
- Default rate
- 9.1%
- vs 15.4% national avg
Defaults
2
Avg interest
5.98%
Franchises funded
22
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Skyzone | 3 | $4.1M | 0.0% |
| Ace Hardware | 2 | $1.2M | 0.0% |
| Wingate Inns/Wingate Inns & Su | 2 | $2.8M | 0.0% |
| Tropical Smoothie Cafe | 2 | $680K | 0.0% |
| Massage Envy | 2 | $525K | 0.0% |
| Long John Silver's | 1 | $85K | 100.0% |
| Bar-B-Cuties | 1 | $422K | 100.0% |
| Mrs. Field's Cookies | 1 | $320K | 0.0% |
| Super 8 | 1 | $1.8M | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 1 | $1.6M | 0.0% |
| Baymont Inn & Suites | 1 | $1.7M | 0.0% |
| Red Roof Inn | 1 | $903K | 0.0% |
| Rodeway Inn | 1 | $1.5M | 0.0% |
| Culver's | 1 | $142K | 0.0% |
| Knights Inn | 1 | $1.3M | 0.0% |
| Freshii | 1 | $150K | 0.0% |
| Motel 6 | 1 | $1.5M | — |
| Kilwins Chocolates and Ice Cre | 1 | $470K | — |
| Garage Experts | 1 | $1.3M | — |
| Super Wash | 1 | $580K | — |
Lending volume by year
1'98
1'03
2'08
1'09
1'11
6'14
2'15
3'16
1'17
2'18
1'19
2'20
3'21
1'22
1'25
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%).