FG
SBA 7(a) franchise lending portfolio
First General Bank
EXCELLENT risk
- Total loans
- 24
- Loan volume
- $89.8M
- Avg loan size
- $3.7M
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
5.82%
Franchises funded
12
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Motel 6 | 8 | $34.6M | 0.0% (low risk) |
| Quality Inn by Choice Hotels / | 3 | $10.3M | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 2 | $10.0M | 0.0% (low risk) |
| Best Western - Membership Agre | 2 | $9.0M | 0.0% (low risk) |
| Comfort Inn by Choice Hotels/C | 2 | $8.3M | N/A |
| King Fuels, Inc. (Shell) Motor | 1 | $2.2M | 0.0% (low risk) |
| La Quinta Inn | 1 | $2.7M | 0.0% (low risk) |
| Which Wich | 1 | $338K | 0.0% (low risk) |
| Baymont by Wyndham aka Baymont | 1 | $4.5M | 0.0% (low risk) |
| Mathnasium Learning Center | 1 | $550K | 0.0% (low risk) |
| La Quinta by Wyndham a.k.a. La | 1 | $5.0M | N/A |
| Americas Best Value Inn | 1 | $2.4M | N/A |
Lending volume by year
1'11
1'13
1'14
5'18
8'20
5'21
1'22
2'23
First General Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$89.8M
Defaults0 of 24
Risk tierEXCELLENT
Avg rate5.82%
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 General Bank originated?
- 24 loans totaling $89.8M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 General Bank fund the most?
- The “Top franchise exposures” table above lists the brands First General 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.