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FranchiseVerdict

SBA 7(a) franchise lending portfolio

First National Bank of Oklahoma

ELEVATED risk
Total loans
17
Loan volume
$3.3M
Avg loan size
$195K
Charge-off rate
18.8%
vs 15.4% national avg

Defaults

3

Avg interest

10.00%

Franchises funded

5

Risk rating

ELEVATED

Top franchise exposures

FranchiseLoansVolumeDefault %
Taco Mayo11$1.7M27.3% (very high risk)
Subway Sandwich Shop2$85K0.0% (low risk)
Jackson Hewitt Tax Service2$95K0.0% (low risk)
The UPS Store1$80K0.0% (low risk)
Golden Chick1$1.3MN/A

Geographic exposure

Oklahoma
1315.4% (high risk)
Kansas
433.3% (very high risk)

Portfolio summary

Total funded$3.3M
Defaults3 of 17
Risk tierELEVATED
Avg rate10.00%

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 National Bank of Oklahoma originated?
17 loans totaling $3.3M. The portfolio carries a 18.8% 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). 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 National Bank of Oklahoma fund the most?
The “Top franchise exposures” table above lists the brands First National Bank of Oklahoma has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.