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SBA 7(a) franchise lending portfolio
First Guaranty Bank
GOOD risk
- Total loans
- 33
- Loan volume
- $36.6M
- Avg loan size
- $1.1M
- Default rate
- 8.7%
- vs 15.4% national avg
Defaults
2
Avg interest
5.83%
Franchises funded
23
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| My Eye Lab | 7 | $3.4M | 66.7% |
| Sonic | 4 | $2.7M | 0.0% |
| Yogi Bear's Jellystone Park Ca | 2 | $2.5M | 0.0% |
| Erbert & Gerbert's Subs & Club | 1 | $331K | 0.0% |
| Americas Best Value Inn (f/K/A | 1 | $1.6M | 0.0% |
| Yogi Bear's Jellystone Park | 1 | $3.7M | 0.0% |
| Burgerim | 1 | $420K | — |
| Anytime Fitness | 1 | $216K | — |
| Comfort Inn | 1 | $2.0M | 0.0% |
| Kids 'r' Kids | 1 | $4.1M | 0.0% |
| Subway Sandwich Shop | 1 | $1.1M | 0.0% |
| America's Best Inns & Suites | 1 | $2.0M | 0.0% |
| Play Street Museum | 1 | $294K | 0.0% |
| Burger King | 1 | $1.9M | 0.0% |
| Goodyear Tire | 1 | $1.7M | 0.0% |
| The Maids | 1 | $2.7M | 0.0% |
| Anytime Fitness | 1 | $340K | 0.0% |
| The Egg & I | 1 | $450K | 0.0% |
| Childrens Lighthouse | 1 | $2.6M | 0.0% |
| Buckhorn Grill/Buckhorn BBQ/Bu | 1 | $500K | — |
Lending volume by year
2'10
3'11
4'12
1'14
3'15
3'16
2'17
1'18
4'19
2'20
8'21
First Guaranty Bank default rate by loan vintage
BrandNational avg
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%).