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SBA 7(a) franchise lending portfolio
First National Bank of Pennsylvania
ELEVATED risk
- Total loans
- 471
- Loan volume
- $286.4M
- Avg loan size
- $608K
- Default 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% |
| The Goddard School | 20 | $26.7M | 0.0% |
| Launch Trampoline Park | 10 | $5.6M | 20.0% |
| Anytime Fitness | 9 | $4.1M | 12.5% |
| Kiddie Academy | 9 | $13.3M | 0.0% |
| Meineke | 8 | $4.5M | 42.9% |
| Dairy Queen | 7 | $1.6M | 0.0% |
| Domino's Pizza | 7 | $2.3M | 0.0% |
| Curves For Women | 7 | $640K | 57.1% |
| Cartridge World | 7 | $1.2M | 42.9% |
| Rita's Real Italian Water Ice | 6 | $629K | 0.0% |
| Home Instead Senior Care | 6 | $9.5M | 0.0% |
| Gold's Gym | 5 | $1.4M | 20.0% |
| Medicine Shoppe | 5 | $1.4M | 0.0% |
| Subway | 5 | $1.3M | 0.0% |
| Primrose Schools | 4 | $17.6M | 0.0% |
| Urban Air Trampoline Park | 4 | $3.6M | 0.0% |
| Aqua-Tots | 4 | $2.9M | 0.0% |
| Servpro | 4 | $1.8M | 0.0% |
| Meineke Car Care Center | 4 | $1.6M | 50.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
1319.0%
10014.3%
4142.1%
2541.7%
2521.4%
2426.7%
2027.3%
160.0%
110.0%
100.0%
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
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%).