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SBA 7(a) franchise lending portfolio
First National Bank of Omaha
AVERAGE risk
- Total loans
- 267
- Loan volume
- $73.4M
- Avg loan size
- $275K
- Default rate
- 12.5%
- vs 15.4% national avg
Defaults
29
Avg interest
5.99%
Franchises funded
170
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 10 | $888K | 0.0% |
| Jimmy John's | 9 | $3.1M | 0.0% |
| Lash and Company | 7 | $564K | 0.0% |
| Jimmy John's | 5 | $2.4M | 0.0% |
| Firehouse Subs | 5 | $1.2M | 20.0% |
| Great Clips | 4 | $971K | 0.0% |
| Tcby | 4 | $880K | 0.0% |
| Blimpie | 3 | $358K | 33.3% |
| Mr. Goodcents Sub' And Pasta | 3 | $389K | 0.0% |
| Curves For Women | 3 | $135K | 33.3% |
| Sam & Louie's New York Pizza | 3 | $235K | 66.7% |
| Scooters Java Express | 3 | $325K | 0.0% |
| Home Instead Senior Care | 3 | $1.9M | 0.0% |
| Tropical Smoothie | 3 | $515K | 0.0% |
| Scooter's Coffeehouse | 3 | $794K | 0.0% |
| The Halal Guys | 3 | $1.2M | 0.0% |
| Anytime Fitness | 3 | $1.5M | 33.3% |
| Potbelly Sandwich Works | 3 | $1.4M | 0.0% |
| Murphy's Deli | 3 | $540K | 0.0% |
| Firehouse Subs | 3 | $1.3M | — |
Lending volume by year
3'92
4
2
8
4
3'97
3
1
5
9
5'02
9
11
11
5
11'07
10
7
8
8
13'12
11
18
15
10
9'17
10
12
4
9
9'22
7
9
3
1'26
First National Bank of Omaha 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%).