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SBA 7(a) franchise lending portfolio
First United Bank
AVERAGE risk
- Total loans
- 16
- Loan volume
- $2.5M
- Avg loan size
- $154K
- Default rate
- 13.3%
- vs 15.4% national avg
Defaults
2
Avg interest
6.88%
Franchises funded
15
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Certirestore | 2 | $90K | 0.0% |
| Coast-To-Coast Store | 1 | $254K | 0.0% |
| Spaghetti Shop (the) | 1 | $49K | 0.0% |
| Armstrong Mccall | 1 | $150K | 0.0% |
| Great Harvest Bread Co. | 1 | $215K | 0.0% |
| Dinner Station (the) | 1 | $110K | 100.0% |
| Oreck Floor Care Center | 1 | $21K | 0.0% |
| Signs Now | 1 | $60K | 0.0% |
| Chem-Dry | 1 | $90K | 100.0% |
| Subway Sandwich Shop | 1 | $150K | 0.0% |
| Pizzeria Uno's (restaurant) | 1 | $584K | 0.0% |
| DEFINE body&mind | 1 | $289K | 0.0% |
| Beef 'O' Brady's | 1 | $35K | 0.0% |
| Beef 'o' Brady's Family Sports | 1 | $117K | 0.0% |
| Dripbar | 1 | $249K | — |
Lending volume by year
1'94
1'97
1'01
1'02
2'04
4'05
2'08
1'15
1'16
1'18
1'24
Geographic exposure
Portfolio summary
Total funded$2.5M
Defaults2 of 16
Risk tierAVERAGE
Avg rate6.88%
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%).