FF
SBA 7(a) franchise lending portfolio
First Federal Savings Bank
GOOD risk
- Total loans
- 28
- Loan volume
- $23.4M
- Avg loan size
- $836K
- Charge-off 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% (low risk) |
| Ace Hardware | 2 | $1.2M | 0.0% (low risk) |
| Wingate Inns/Wingate Inns & Su | 2 | $2.8M | 0.0% (low risk) |
| Tropical Smoothie Cafe | 2 | $680K | 0.0% (low risk) |
| Massage Envy | 2 | $525K | 0.0% (low risk) |
| Long John Silver's | 1 | $85K | 100.0% (very high risk) |
| Bar-B-Cuties | 1 | $422K | 100.0% (very high risk) |
| Mrs. Field's Cookies | 1 | $320K | 0.0% (low risk) |
| Super 8 | 1 | $1.8M | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 1 | $1.6M | 0.0% (low risk) |
| Baymont Inn & Suites | 1 | $1.7M | 0.0% (low risk) |
| Red Roof Inn | 1 | $903K | 0.0% (low risk) |
| Rodeway Inn | 1 | $1.5M | 0.0% (low risk) |
| Culver's | 1 | $142K | 0.0% (low risk) |
| Knights Inn | 1 | $1.3M | 0.0% (low risk) |
| Freshii | 1 | $150K | 0.0% (low risk) |
| Motel 6 | 1 | $1.5M | N/A |
| Kilwins Chocolates and Ice Cre | 1 | $470K | N/A |
| Garage Experts | 1 | $1.3M | N/A |
| Super Wash | 1 | $580K | N/A |
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
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 Federal Savings Bank originated?
- 28 loans totaling $23.4M. The portfolio carries a 9.1% 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 Federal Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands First Federal Savings 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.