FS
SBA 7(a) franchise lending portfolio
First Security Bank of Nevada
EXCELLENT risk
- Total loans
- 17
- Loan volume
- $27.8M
- Avg loan size
- $1.6M
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
5.65%
Franchises funded
15
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Econo Lodge | 2 | $3.0M | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 2 | $4.9M | 0.0% (low risk) |
| Quality Inn/Quality Suites, Ho | 1 | $3.0M | 0.0% (low risk) |
| Super 8 Motel | 1 | $1.3M | 0.0% (low risk) |
| Comfort Suites | 1 | $2.6M | 0.0% (low risk) |
| Best Western Inn | 1 | $2.1M | 0.0% (low risk) |
| Microtel Inn And Suites | 1 | $1.5M | 0.0% (low risk) |
| Days Inn | 1 | $1.4M | N/A |
| Pure Barre | 1 | $50K | 0.0% (low risk) |
| Teriyaki Madness | 1 | $400K | N/A |
| Ampm Mini Market- Arco | 1 | $75K | 0.0% (low risk) |
| Motel 6 | 1 | $1.2M | N/A |
| Holiday Inn | 1 | $2.7M | 0.0% (low risk) |
| Arco (gas Station) | 1 | $1.8M | 0.0% (low risk) |
| Super 8 | 1 | $1.8M | 0.0% (low risk) |
Lending volume by year
4'13
6'14
4'15
1'16
1'17
1'18
First Security Bank of Nevada charge-off rate by loan vintage
BrandNational avg
Geographic exposure
50.0% (low risk)
40.0% (low risk)
40.0% (low risk)
10.0% (low risk)
10.0% (low risk)
1N/A
10.0% (low risk)
Portfolio summary
Total funded$27.8M
Defaults0 of 17
Risk tierEXCELLENT
Avg rate5.65%
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 Security Bank of Nevada originated?
- 17 loans totaling $27.8M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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 Security Bank of Nevada fund the most?
- The “Top franchise exposures” table above lists the brands First Security Bank of Nevada has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.