SBA 7(a) franchise lending portfolio
First Horizon Bank
- Total loans
- 328
- Loan volume
- $121.1M
- Avg loan size
- $369K
- Charge-off rate
- 15.7%
- vs 16.0% national
Charged off
47
Avg interest
6.49%
Franchises funded
202
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Mail Boxes Etc. Usa | 18 | $2.7M | 0.0% (excellent) |
| Domino's Pizza | 11 | $2.9M | 9.1% (good) |
| Quiznos | 9 | $1.2M | N/A |
| Fantastic Sam's | 8 | $609K | N/A |
| Firehouse Subs | 8 | $1.2M | N/A |
| Subway Sandwich Shop | 7 | $706K | N/A |
| Baskin-Robbins 31 Ice Cream | 5 | $602K | N/A |
| Smoothie King (health Food Sto | 4 | $440K | N/A |
| Pinch-A-Penny | 4 | $330K | N/A |
| Ace Hardware | 4 | $1.4M | N/A |
| Atlanta Bread Company | 3 | $971K | N/A |
| MAACO Auto Painting Center | 3 | $575K | N/A |
| Days Inn | 3 | $5.1M | N/A |
| Alphagraphics, Printshops Of T | 3 | $625K | N/A |
| Beef O'brady's | 3 | $912K | N/A |
| Pump It Up | 3 | $675K | N/A |
| Planet Beach | 3 | $380K | N/A |
| Fuzzy's Taco Shop | 3 | $1.2M | N/A |
| Menchie's | 3 | $1.3M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 3 |
| FY1993 | 7 |
| FY1994 | 12 |
| FY1995 | 18 |
| FY1996 | 11 |
| FY1997 | 22 |
| FY1998 | 8 |
| FY1999 | 10 |
| FY2000 | 10 |
| FY2001 | 18 |
| FY2002 | 27 |
| FY2003 | 27 |
| FY2004 | 15 |
| FY2005 | 15 |
| FY2006 | 10 |
| FY2007 | 10 |
| FY2008 | 9 |
| FY2009 | 1 |
| FY2010 | 6 |
| FY2011 | 11 |
| FY2012 | 9 |
| FY2013 | 1 |
| FY2014 | 4 |
| FY2015 | 2 |
| FY2016 | 5 |
| FY2017 | 5 |
| FY2018 | 14 |
| FY2019 | 15 |
| FY2020 | 10 |
| FY2021 | 3 |
| FY2022 | 3 |
| FY2023 | 3 |
| FY2024 | 2 |
| FY2025 | 2 |
SBA 7(a) · charge-off rate by approval year
First Horizon Bank: below all franchise loans in 9 of 16 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 |
|---|---|---|---|
| 1992 | 3 | 0 | Too few |
| 1993 | 7 | 1 | Too few |
| 1994 | 12 | 1 | 8.3% |
| 1995 | 18 | 6 | 33.3% |
| 1996 | 11 | 2 | 18.2% |
| 1997 | 22 | 1 | 4.5% |
| 1998 | 8 | 1 | Too few |
| 1999 | 10 | 2 | 20.0% |
| 2000 | 10 | 1 | 10.0% |
| 2001 | 18 | 4 | 22.2% |
| 2002 | 27 | 3 | 11.1% |
| 2003 | 27 | 5 | 18.5% |
| 2004 | 15 | 4 | 26.7% |
| 2005 | 14 | 3 | 21.4% |
| 2006 | 10 | 3 | 30.0% |
| 2007 | 10 | 4 | 40.0% |
| 2008 | 9 | 1 | Too few |
| 2010 | 6 | 2 | Too few |
| 2011 | 11 | 2 | 18.2% |
| 2012 | 8 | 0 | Too few |
| 2014 | 4 | 0 | Too few |
| 2016 | 3 | 0 | Too few |
| 2017 | 5 | 0 | Too few |
| 2018 | 11 | 0 | 0.0% |
| 2019 | 11 | 1 | 9.1% |
| 2020 | 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 Horizon Bank originated?
- 328 loans totaling $121.1M. The portfolio carries a 15.7% charge-off rate, earning a “Elevated” 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 Horizon Bank's rate of 15.7% is near 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 Horizon Bank fund the most?
- The “Top franchise exposures” table above lists the brands First Horizon 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.