FN
SBA 7(a) franchise lending portfolio
First National Bank of Pennsylvania
ELEVATED risk
- Total loans
- 471
- Loan volume
- $286.4M
- Avg loan size
- $608K
- Charge-off rate
- 17.9%
- vs 15.4% national avg
Defaults
63
Avg interest
6.82%
Franchises funded
245
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 33 | $4.2M | 3.0% (low risk) |
| The Goddard School | 20 | $26.7M | 0.0% (low risk) |
| Launch Trampoline Park | 10 | $5.6M | 20.0% (very high risk) |
| Anytime Fitness | 9 | $4.1M | 12.5% (elevated risk) |
| Kiddie Academy | 9 | $13.3M | 0.0% (low risk) |
| Meineke | 8 | $4.5M | 42.9% (very high risk) |
| Dairy Queen | 7 | $1.6M | 0.0% (low risk) |
| Domino's Pizza | 7 | $2.3M | 0.0% (low risk) |
| Curves For Women | 7 | $640K | 57.1% (very high risk) |
| Cartridge World | 7 | $1.2M | 42.9% (very high risk) |
| Rita's Real Italian Water Ice | 6 | $629K | 0.0% (low risk) |
| Home Instead Senior Care | 6 | $9.5M | 0.0% (low risk) |
| Gold's Gym | 5 | $1.4M | 20.0% (very high risk) |
| Medicine Shoppe | 5 | $1.4M | 0.0% (low risk) |
| Subway | 5 | $1.3M | 0.0% (low risk) |
| Primrose Schools | 4 | $17.6M | 0.0% (low risk) |
| Urban Air Trampoline Park | 4 | $3.6M | 0.0% (low risk) |
| Aqua-Tots | 4 | $2.9M | 0.0% (low risk) |
| Servpro | 4 | $1.8M | 0.0% (low risk) |
| Meineke Car Care Center | 4 | $1.6M | 50.0% (very high risk) |
Lending volume by year
3'94
8
6
3
5
7'99
9
10
15
8
12'04
17
14
14
12
5'09
8
16
10
4
23'14
30
43
43
10
9'19
11
25
11
24
14'24
33
9'26
First National Bank of Pennsylvania charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1319.0% (moderate risk)
10014.3% (elevated risk)
4142.1% (very high risk)
2541.7% (very high risk)
2521.4% (very high risk)
2426.7% (very high risk)
2027.3% (very high risk)
160.0% (low risk)
110.0% (low risk)
100.0% (low risk)
Portfolio summary
Total funded$286.4M
Defaults63 of 471
Risk tierELEVATED
Avg rate6.82%
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). 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 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.