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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
- Default 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% |
| Comfort/ Comfort Inn & Suites/ | 2 | $4.9M | 0.0% |
| Quality Inn/Quality Suites, Ho | 1 | $3.0M | 0.0% |
| Super 8 Motel | 1 | $1.3M | 0.0% |
| Comfort Suites | 1 | $2.6M | 0.0% |
| Best Western Inn | 1 | $2.1M | 0.0% |
| Microtel Inn And Suites | 1 | $1.5M | 0.0% |
| Days Inn | 1 | $1.4M | — |
| Pure Barre | 1 | $50K | 0.0% |
| Teriyaki Madness | 1 | $400K | — |
| Ampm Mini Market- Arco | 1 | $75K | 0.0% |
| Motel 6 | 1 | $1.2M | — |
| Holiday Inn | 1 | $2.7M | 0.0% |
| Arco (gas Station) | 1 | $1.8M | 0.0% |
| Super 8 | 1 | $1.8M | 0.0% |
Lending volume by year
4'13
6'14
4'15
1'16
1'17
1'18
First Security Bank of Nevada default rate by loan vintage
BrandNational avg
Geographic exposure
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
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%).