![First National Bank logo](https://cdn.brandfetch.io/fnb-online.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
First National Bank
AVERAGE risk
- Total loans
- 56
- Loan volume
- $15.7M
- Avg loan size
- $281K
- Default rate
- 13.5%
- vs 15.4% national avg
Defaults
7
Avg interest
5.79%
Franchises funded
44
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 4 | $562K | 0.0% |
| True Value Hardware | 2 | $133K | 0.0% |
| Dairy Queen | 2 | $295K | 0.0% |
| Taco John's | 2 | $495K | 0.0% |
| Coast-To-Coast Store | 2 | $65K | 0.0% |
| Cold Stone Creamery, Inc. | 2 | $350K | 100.0% |
| Mobile Appearance Reconditioni | 2 | $112K | 50.0% |
| Chrysler | 2 | $2.1M | 0.0% |
| Pizza Ranch | 2 | $1.1M | 0.0% |
| Beef Jerky Outlet | 2 | $278K | 0.0% |
| Tcby | 1 | $48K | 0.0% |
| Radio Shack | 1 | $100K | 0.0% |
| Country Kitchen | 1 | $324K | 0.0% |
| Triple Check Tax And Accountin | 1 | $25K | 0.0% |
| Alta Mere Window Tinting & Aut | 1 | $70K | 0.0% |
| Hallmark Card Shop | 1 | $60K | 0.0% |
| American Speedy Printing | 1 | $80K | 0.0% |
| Tires Plus | 1 | $100K | 0.0% |
| Once Upon A Child | 1 | $150K | 0.0% |
| Servicemaster | 1 | $47K | 100.0% |
Lending volume by year
3'92
1
4
5
1
2'97
2
3
3
2
2'03
2
4
1
2
1'11
3
1
1
3
2'18
2
3
3'22
First National Bank default rate by loan vintage
BrandNational avg
Geographic exposure
1010.0%
812.5%
757.1%
714.3%
50.0%
50.0%
50.0%
30.0%
20.0%
10.0%
Portfolio summary
Total funded$15.7M
Defaults7 of 56
Risk tierAVERAGE
Avg rate5.79%
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%).