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SBA 7(a) franchise lending portfolio
First United Bank and Trust Company
CRITICAL risk
- Total loans
- 115
- Loan volume
- $61.3M
- Avg loan size
- $533K
- Default rate
- 22.9%
- vs 15.4% national avg
Defaults
19
Avg interest
6.56%
Franchises funded
87
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Fish Window Cleaning | 4 | $715K | 33.3% |
| Precision Tune | 3 | $370K | 0.0% |
| Dinner Station (the) | 3 | $388K | 100.0% |
| Curves For Women | 3 | $205K | 33.3% |
| Lice Lifters | 3 | $636K | 0.0% |
| Jersey Mike's | 3 | $1.5M | 0.0% |
| Re/Max Realty | 2 | $236K | 0.0% |
| Pizza Inn | 2 | $320K | 0.0% |
| Ace Cash Express | 2 | $217K | 0.0% |
| Mr. Rooter | 2 | $133K | 0.0% |
| Cornwell Quality Tool Company, | 2 | $165K | 0.0% |
| Armstrong Mccall | 2 | $1.5M | 0.0% |
| Golden Fried Chicken/Golden Ch | 2 | $1.6M | 0.0% |
| Urban Air Trampoline Park | 2 | $3.4M | 0.0% |
| Urban Air Adventure Park | 2 | $3.4M | 0.0% |
| F45 Training | 2 | $395K | 0.0% |
| Servicemaster Clean | 2 | $1.1M | 0.0% |
| Smoothie King | 2 | $662K | 0.0% |
| Express Oil Change | 2 | $1.6M | 0.0% |
| Dickey's Barbecue Pit | 2 | $498K | 100.0% |
Lending volume by year
2'92
2
1
1
1
2'98
3
2
1
3
2'03
6
13
2
1
2'12
9
5
6
7
7'18
9
2
7
8
2'23
4
3
2'26
First United Bank and Trust Company default rate by loan vintage
BrandNational avg
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%).