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SBA 7(a) franchise lending portfolio
First National Community Bank
CRITICAL risk
- Total loans
- 28
- Loan volume
- $37.6M
- Avg loan size
- $1.3M
- Default rate
- 23.8%
- vs 15.4% national avg
Defaults
5
Avg interest
5.96%
Franchises funded
25
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Fantastic Sam's | 3 | $255K | 0.0% |
| Budgetel | 2 | $6.0M | 0.0% |
| Hallmark Card Shop | 1 | $150K | 0.0% |
| NAPA Auto Parts | 1 | $948K | 100.0% |
| Mr. Movies | 1 | $150K | 0.0% |
| Moe's Original Bar-B-Que | 1 | $662K | 0.0% |
| Country Inns & Suites By Carls | 1 | $1.7M | 0.0% |
| Line-X | 1 | $1.1M | — |
| Uncle Maddio's Pizza Joint | 1 | $186K | 0.0% |
| Sleep Inn Motel | 1 | $1.2M | 0.0% |
| Parisi Speed School | 1 | $750K | 100.0% |
| Econo Lodge | 1 | $2.2M | — |
| Menchie's | 1 | $320K | 100.0% |
| Chester's | 1 | $1.1M | 0.0% |
| Jefferson's | 1 | $448K | 0.0% |
| Sears Air Duct Cleaning | 1 | $593K | 100.0% |
| Fuddruckers | 1 | $1.6M | 100.0% |
| Rosati's Pizza | 1 | $1.3M | 0.0% |
| La Quinta Inn | 1 | $5.0M | 0.0% |
| Jan-Pro Cleaning Systems of Ra | 1 | $40K | — |
Lending volume by year
1'00
2'01
1'05
2'09
2'11
4'13
2'14
3'16
3'17
2'20
2'21
1'22
2'23
1'24
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%).