SBA 7(a) franchise lending portfolio
First Savings Bank
- Total loans
- 210
- Loan volume
- $169.1M
- Avg loan size
- $805K
- Charge-off rate
- 12.5%
- vs 16.0% national
Charged off
14
Avg interest
7.68%
Franchises funded
132
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Complete Nutrition | 12 | $1.7M | 25.0% (high risk) |
| Crumbl | 11 | $5.7M | N/A |
| Orange Theory Fitness | 8 | $6.0M | N/A |
| Scooter's Coffee | 7 | $11.4M | N/A |
| Meineke Car Care Center | 5 | $1.2M | N/A |
| Pizza Ranch | 4 | $11.1M | N/A |
| Marco's Pizza | 3 | $1.3M | N/A |
| Carstar Automotive | 3 | $3.6M | N/A |
| Gold Star Chili | 3 | $1.6M | N/A |
| Massage Envy | 3 | $2.4M | N/A |
| Quality Inn by Choice Hotels / | 3 | $5.2M | N/A |
| Jersey Mike's | 3 | $2.1M | N/A |
| The UPS Store (f/k/a Mail Box | 3 | $1.6M | N/A |
| Suzuki(dealers) | 2 | $75K | N/A |
| Line-X | 2 | $662K | N/A |
| DQ Treat | 2 | $3.0M | N/A |
| Big O Tires | 2 | $70K | N/A |
| Jimmy John's | 2 | $761K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1994 | 2 |
| FY1995 | 1 |
| FY2000 | 1 |
| FY2003 | 1 |
| FY2004 | 2 |
| FY2005 | 2 |
| FY2006 | 1 |
| FY2007 | 2 |
| FY2008 | 1 |
| FY2009 | 6 |
| FY2010 | 2 |
| FY2011 | 5 |
| FY2012 | 3 |
| FY2013 | 3 |
| FY2014 | 1 |
| FY2015 | 6 |
| FY2016 | 5 |
| FY2017 | 16 |
| FY2018 | 21 |
| FY2019 | 21 |
| FY2020 | 13 |
| FY2021 | 21 |
| FY2022 | 12 |
| FY2023 | 11 |
| FY2024 | 23 |
| FY2025 | 19 |
| FY2026 | 8 |
SBA 7(a) · charge-off rate by approval year
First Savings Bank: above all franchise loans in 3 of 4 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2009 | 6 | 1 | Too few |
| 2011 | 5 | 2 | Too few |
| 2012 | 3 | 1 | Too few |
| 2013 | 3 | 0 | Too few |
| 2015 | 5 | 0 | Too few |
| 2016 | 5 | 0 | Too few |
| 2017 | 15 | 3 | 20.0% |
| 2018 | 11 | 3 | 27.3% |
| 2019 | 12 | 2 | 16.7% |
| 2020 | 9 | 0 | Too early |
| 2021 | 12 | 0 | 0.0% |
| 2022 | 6 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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 Savings Bank originated?
- 210 loans totaling $169.1M. The portfolio carries a 12.5% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. First Savings Bank's rate of 12.5% is below the national rate.
- 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 Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands First Savings Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.