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SBA 7(a) franchise lending portfolio
First Port City Bank
EXCELLENT risk
- Total loans
- 19
- Loan volume
- $23.4M
- Avg loan size
- $1.2M
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.25%
Franchises funded
14
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Baymont by Wyndham aka Baymont | 3 | $4.0M | 0.0% |
| Comfort Suites by Choice Hotel | 2 | $2.9M | — |
| Quality Inn by Choice Hotels / | 2 | $4.9M | — |
| Ellianos Coffee Company | 2 | $1.4M | — |
| Cold Stone Creamery | 1 | $328K | — |
| The UPS Store (f/k/a Mail Box | 1 | $694K | — |
| WaveMAX Laundry | 1 | $1.3M | — |
| Planet Smoothie | 1 | $187K | 0.0% |
| Huey Magoo's Chicken Tenders | 1 | $2.6M | — |
| Jimmy John's | 1 | $1.8M | — |
| ServiceMaster | 1 | $696K | — |
| Jones Petroleum Company, Inc. | 1 | $1.1M | — |
| Yoga Six | 1 | $536K | — |
| Key West | 1 | $1.1M | 0.0% |
Lending volume by year
1'19
3'20
5'21
2'22
1'23
2'24
3'25
2'26
Geographic exposure
Portfolio summary
Total funded$23.4M
Defaults0 of 19
Risk tierEXCELLENT
Avg rate7.25%
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%).