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SBA 7(a) franchise lending portfolio
First Resource Bank
GOOD risk
- Total loans
- 25
- Loan volume
- $12.2M
- Avg loan size
- $489K
- Default rate
- 5.0%
- vs 15.4% national avg
Defaults
1
Avg interest
6.69%
Franchises funded
19
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Culver's Frozen Custard | 2 | $175K | 0.0% |
| Farrell's Extreme Bodyshaping | 2 | $485K | 0.0% |
| Mgm Liquor | 2 | $3.2M | 0.0% |
| The Screenmobile | 2 | $35K | 0.0% |
| 1-Tom-Plumber | 2 | $458K | — |
| Sunbelt Business Brokers | 2 | $3.9M | — |
| Dairy Queen | 1 | $400K | 0.0% |
| Big Apple Bagels | 1 | $100K | 0.0% |
| Samari Sams Teriyaki Grill | 1 | $123K | 0.0% |
| Tires Plus | 1 | $135K | 0.0% |
| 1-800-Radiator | 1 | $229K | 0.0% |
| Embroide Me.com | 1 | $55K | 100.0% |
| Cost Cutter Family Hair Care | 1 | $90K | 0.0% |
| HouseMaster | 1 | $237K | — |
| Sears Garage Door | 1 | $864K | 0.0% |
| Signs Now | 1 | $80K | 0.0% |
| Denny's | 1 | $1.1M | 0.0% |
| Subway | 1 | $430K | 0.0% |
| CarePatrol | 1 | $110K | 0.0% |
Lending volume by year
1'95
1'96
1'00
1'01
1'07
1'08
3'09
1'10
1'13
1'14
4'17
2'18
1'20
2'22
2'25
2'26
Geographic exposure
Portfolio summary
Total funded$12.2M
Defaults1 of 25
Risk tierGOOD
Avg rate6.69%
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%).