SBA 7(a) franchise lending portfolio
First Financial Bank
- Total loans
- 445
- Loan volume
- $255.1M
- Avg loan size
- $573K
- Charge-off rate
- 12.5%
- vs 16.0% national
Charged off
44
Avg interest
6.21%
Franchises funded
195
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Health Mart Pharmacy | 32 | $36.7M | 0.0% (excellent) |
| Vital Care | 24 | $27.3M | N/A |
| Subway Sandwich Shop | 20 | $4.8M | 10.0% (average) |
| Denny's Restaurant | 18 | $11.0M | 11.1% (average) |
| Health Mart Pharmacies | 18 | $17.7M | 7.1% (good) |
| Dairy Queen Grill & Chill/Texa | 16 | $4.6M | N/A |
| Papa Murphy's Take & Bake Pizz | 11 | $2.4M | 18.2% (elevated) |
| Domino's Pizza | 10 | $2.3M | 30.0% (high risk) |
| Moe's Sw Grill | 9 | $3.1M | N/A |
| The Medicine Shoppe | 8 | $10.6M | N/A |
| Great American Cookies | 6 | $1.6M | N/A |
| Mail Boxes Etc. Usa | 5 | $540K | N/A |
| Huddle House | 5 | $2.0M | N/A |
| Good Neighbor Pharmacy | 5 | $13.9M | N/A |
| International House Of Pancake | 4 | $980K | N/A |
| The Pita Pit | 4 | $450K | N/A |
| Senior Helpers | 4 | $7.3M | N/A |
| Tcby | 3 | $466K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1994 | 5 |
| FY1995 | 3 |
| FY1996 | 1 |
| FY1997 | 1 |
| FY1998 | 2 |
| FY1999 | 1 |
| FY2000 | 8 |
| FY2001 | 2 |
| FY2002 | 6 |
| FY2003 | 7 |
| FY2004 | 8 |
| FY2005 | 15 |
| FY2006 | 32 |
| FY2007 | 43 |
| FY2008 | 26 |
| FY2009 | 10 |
| FY2010 | 8 |
| FY2011 | 10 |
| FY2012 | 12 |
| FY2013 | 9 |
| FY2014 | 22 |
| FY2015 | 21 |
| FY2016 | 29 |
| FY2017 | 19 |
| FY2018 | 40 |
| FY2019 | 27 |
| FY2020 | 20 |
| FY2021 | 12 |
| FY2022 | 4 |
| FY2023 | 13 |
| FY2024 | 11 |
| FY2025 | 11 |
| FY2026 | 6 |
SBA 7(a) · charge-off rate by approval year
First Financial Bank: below all franchise loans in 10 of 13 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1994 | 5 | 0 | Too few |
| 1995 | 3 | 0 | Too few |
| 2000 | 8 | 1 | Too few |
| 2002 | 6 | 0 | Too few |
| 2003 | 7 | 1 | Too few |
| 2004 | 8 | 1 | Too few |
| 2005 | 15 | 5 | 33.3% |
| 2006 | 32 | 10 | 31.2% |
| 2007 | 43 | 12 | 27.9% |
| 2008 | 26 | 5 | 19.2% |
| 2009 | 10 | 2 | 20.0% |
| 2010 | 8 | 1 | Too few |
| 2011 | 10 | 0 | 0.0% |
| 2012 | 12 | 0 | 0.0% |
| 2013 | 9 | 0 | Too few |
| 2014 | 22 | 0 | 0.0% |
| 2015 | 21 | 0 | 0.0% |
| 2016 | 24 | 4 | 16.7% |
| 2017 | 16 | 0 | 0.0% |
| 2018 | 30 | 0 | 0.0% |
| 2019 | 16 | 1 | 6.2% |
| 2020 | 6 | 0 | Too early |
| 2021 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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 Financial Bank originated?
- 445 loans totaling $255.1M. The portfolio carries a 12.5% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. First Financial Bank's rate of 12.5% is below the national rate.
- 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 Financial Bank fund the most?
- The “Top franchise exposures” table above lists the brands First Financial 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.