SBA 7(a) franchise lending portfolio
First National Bank of Pennsylvania
- Total loans
- 471
- Loan volume
- $286.4M
- Avg loan size
- $608K
- Charge-off rate
- 17.9%
- vs 16.0% national
Charged off
63
Avg interest
6.82%
Franchises funded
245
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 38 | $5.5M | 2.7% (excellent) |
| The Goddard School | 20 | $26.7M | N/A |
| Meineke | 12 | $6.1M | N/A |
| Launch Trampoline Park | 10 | $5.6M | 20.0% (high risk) |
| Anytime Fitness | 9 | $4.1M | N/A |
| Kiddie Academy | 9 | $13.3M | N/A |
| Dairy Queen | 7 | $1.6M | N/A |
| Domino's Pizza | 7 | $2.3M | N/A |
| Curves For Women | 7 | $640K | N/A |
| Cartridge World | 7 | $1.2M | N/A |
| Rita's Real Italian Water Ice | 6 | $629K | N/A |
| Home Instead Senior Care | 6 | $9.5M | N/A |
| Gold's Gym | 5 | $1.4M | N/A |
| Medicine Shoppe | 5 | $1.4M | N/A |
| Primrose Schools | 4 | $17.6M | N/A |
| Urban Air Trampoline Park | 4 | $3.6M | N/A |
| Aqua-Tots | 4 | $2.9M | N/A |
| Servpro | 4 | $1.8M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1994 | 3 |
| FY1995 | 8 |
| FY1996 | 6 |
| FY1997 | 3 |
| FY1998 | 5 |
| FY1999 | 7 |
| FY2000 | 9 |
| FY2001 | 10 |
| FY2002 | 15 |
| FY2003 | 8 |
| FY2004 | 12 |
| FY2005 | 17 |
| FY2006 | 14 |
| FY2007 | 14 |
| FY2008 | 12 |
| FY2009 | 5 |
| FY2010 | 8 |
| FY2011 | 16 |
| FY2012 | 10 |
| FY2013 | 4 |
| FY2014 | 23 |
| FY2015 | 30 |
| FY2016 | 43 |
| FY2017 | 43 |
| FY2018 | 10 |
| FY2019 | 9 |
| FY2020 | 11 |
| FY2021 | 25 |
| FY2022 | 11 |
| FY2023 | 24 |
| FY2024 | 14 |
| FY2025 | 33 |
| FY2026 | 9 |
SBA 7(a) · charge-off rate by approval year
First National Bank of Pennsylvania: above all franchise loans in 7 of 13 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 |
|---|---|---|---|
| 1994 | 3 | 2 | Too few |
| 1995 | 8 | 0 | Too few |
| 1996 | 6 | 0 | Too few |
| 1997 | 3 | 1 | Too few |
| 1998 | 5 | 0 | Too few |
| 1999 | 7 | 0 | Too few |
| 2000 | 9 | 1 | Too few |
| 2001 | 10 | 0 | 0.0% |
| 2002 | 15 | 3 | 20.0% |
| 2003 | 8 | 1 | Too few |
| 2004 | 12 | 1 | 8.3% |
| 2005 | 17 | 2 | 11.8% |
| 2006 | 14 | 4 | 28.6% |
| 2007 | 14 | 8 | 57.1% |
| 2008 | 12 | 4 | 33.3% |
| 2009 | 5 | 3 | Too few |
| 2010 | 8 | 0 | Too few |
| 2011 | 16 | 2 | 12.5% |
| 2012 | 10 | 0 | 0.0% |
| 2013 | 4 | 0 | Too few |
| 2014 | 22 | 1 | 4.5% |
| 2015 | 30 | 6 | 20.0% |
| 2016 | 39 | 14 | 35.9% |
| 2017 | 37 | 9 | 24.3% |
| 2018 | 7 | 0 | Too few |
| 2019 | 7 | 1 | Too few |
| 2020 | 3 | 0 | Too early |
| 2021 | 8 | 0 | Too early |
| 2022 | 4 | 0 | Too early |
| 2023 | 6 | 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 National Bank of Pennsylvania originated?
- 471 loans totaling $286.4M. The portfolio carries a 17.9% 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 National Bank of Pennsylvania's rate of 17.9% is above 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 National Bank of Pennsylvania fund the most?
- The “Top franchise exposures” table above lists the brands First National Bank of Pennsylvania has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.