FU
SBA 7(a) franchise lending portfolio
First Utah Bank
EXCELLENT risk
- Total loans
- 53
- Loan volume
- $92.8M
- Avg loan size
- $1.8M
- Charge-off rate
- 2.5%
- vs 15.4% national avg
Defaults
1
Avg interest
6.74%
Franchises funded
39
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 3 | $198K | 0.0% (low risk) |
| Red Roof Inn | 3 | $8.4M | 0.0% (low risk) |
| Massage LuXe | 3 | $1.3M | N/A |
| Comfort/ Comfort Inn & Suites/ | 2 | $5.1M | 0.0% (low risk) |
| Church's Chicken | 2 | $1.8M | 0.0% (low risk) |
| Wyndham Hotels & Resorts | 2 | $8.4M | 0.0% (low risk) |
| Quality Inn/Quality Suites, Ho | 2 | $2.4M | 0.0% (low risk) |
| Sleep Inn by Choice Hotels/Sle | 2 | $8.4M | 0.0% (low risk) |
| Disaster Kleenup | 2 | $954K | 0.0% (low risk) |
| Kiddie Academy | 2 | $4.3M | N/A |
| Extended Stay America Suites f | 2 | $10.0M | N/A |
| 5 Buck Pizza | 1 | $23K | 0.0% (low risk) |
| Zuka Juice | 1 | $150K | 0.0% (low risk) |
| Sign-A-Rama | 1 | $178K | 0.0% (low risk) |
| Re/Max Realty | 1 | $25K | 100.0% (very high risk) |
| Blimpie | 1 | $86K | 0.0% (low risk) |
| Sleep Inn/Sleep Inn & Suites | 1 | $3.0M | 0.0% (low risk) |
| Red Lion Inn & Suites | 1 | $3.1M | 0.0% (low risk) |
| Arctic Circle | 1 | $620K | 0.0% (low risk) |
| Classy Closets | 1 | $393K | 0.0% (low risk) |
Lending volume by year
1'00
1'02
1'03
2'04
1'07
1'08
1'10
6'14
2'15
9'16
7'17
4'18
4'19
1'20
2'21
2'24
7'25
1'26
First Utah Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$92.8M
Defaults1 of 53
Risk tierEXCELLENT
Avg rate6.74%
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 Utah Bank originated?
- 53 loans totaling $92.8M. The portfolio carries a 2.5% 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 Utah Bank fund the most?
- The “Top franchise exposures” table above lists the brands First Utah 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.