FW
SBA 7(a) franchise lending portfolio
First Western SBLC, Inc
Risk rating: Good
- Total loans
- 784
- Loan volume
- $900.7M
- Avg loan size
- $1.1M
- Charge-off rate
- 9.6%
- vs 16.0% national
Charged off
63
Avg interest
6.35%
Franchises funded
196
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Days Inn | 70 | $87.4M | 3.4% (excellent) |
| Super 8 Motel | 55 | $68.0M | 0.0% (excellent) |
| Red Roof Inn | 26 | $54.9M | 7.1% (good) |
| Cici's Pizza | 25 | $4.8M | 0.0% (excellent) |
| Best Western Inn | 22 | $35.0M | 0.0% (excellent) |
| Motel 6 | 22 | $34.1M | 0.0% (excellent) |
| Comfort Inn | 21 | $25.7M | 0.0% (excellent) |
| Ramada Inn | 20 | $20.1M | 0.0% (excellent) |
| Econo Lodge Motel | 18 | $15.0M | 0.0% (excellent) |
| Deck The Walls | 16 | $2.4M | 18.8% (elevated) |
| Quality Inn/Quality Suites, Ho | 16 | $32.2M | 0.0% (excellent) |
| Quality Inn by Choice Hotels / | 16 | $35.3M | N/A |
| Color Tile | 15 | $2.1M | 33.3% (high risk) |
| Travelodge | 14 | $10.9M | 0.0% (excellent) |
| T-Shirts Plus | 13 | $1.2M | 23.1% (high risk) |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 52 |
| FY1993 | 61 |
| FY1994 | 46 |
| FY1995 | 70 |
| FY1996 | 30 |
| FY1997 | 28 |
| FY1998 | 8 |
| FY1999 | 27 |
| FY2000 | 10 |
| FY2001 | 8 |
| FY2002 | 6 |
| FY2003 | 6 |
| FY2004 | 7 |
| FY2005 | 9 |
| FY2006 | 7 |
| FY2007 | 7 |
| FY2008 | 19 |
| FY2009 | 14 |
| FY2010 | 19 |
| FY2011 | 15 |
| FY2012 | 29 |
| FY2013 | 20 |
| FY2014 | 25 |
| FY2015 | 24 |
| FY2016 | 21 |
| FY2017 | 32 |
| FY2018 | 28 |
| FY2019 | 19 |
| FY2020 | 22 |
| FY2021 | 53 |
| FY2022 | 18 |
| FY2023 | 12 |
| FY2024 | 22 |
| FY2025 | 9 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
First Western SBLC, Inc: below all franchise loans in 15 of 22 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 52 | 3 | 5.8% |
| 1993 | 61 | 4 | 6.6% |
| 1994 | 45 | 6 | 13.3% |
| 1995 | 70 | 14 | 20.0% |
| 1996 | 30 | 1 | 3.3% |
| 1997 | 28 | 6 | 21.4% |
| 1998 | 8 | 1 | Too few |
| 1999 | 27 | 4 | 14.8% |
| 2000 | 10 | 2 | 20.0% |
| 2001 | 8 | 1 | Too few |
| 2002 | 6 | 2 | Too few |
| 2003 | 6 | 0 | Too few |
| 2004 | 6 | 0 | Too few |
| 2005 | 9 | 2 | Too few |
| 2006 | 7 | 1 | Too few |
| 2007 | 7 | 0 | Too few |
| 2008 | 19 | 9 | 47.4% |
| 2009 | 13 | 2 | 15.4% |
| 2010 | 19 | 0 | 0.0% |
| 2011 | 15 | 1 | 6.7% |
| 2012 | 26 | 2 | 7.7% |
| 2013 | 19 | 0 | 0.0% |
| 2014 | 25 | 0 | 0.0% |
| 2015 | 22 | 0 | 0.0% |
| 2016 | 15 | 1 | 6.7% |
| 2017 | 27 | 1 | 3.7% |
| 2018 | 20 | 0 | 0.0% |
| 2019 | 11 | 0 | 0.0% |
| 2020 | 13 | 0 | 0.0% |
| 2021 | 25 | 0 | 0.0% |
| 2022 | 6 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
13715.0% (elevated)
736.2% (good)
630.0% (excellent)
482.6% (excellent)
4710.9% (average)
425.4% (good)
3412.1% (average)
210.0% (excellent)
215.0% (good)
190.0% (excellent)
Portfolio summary
Total funded$900.7M
Charged off63 of 784
Risk tierGood
Avg rate6.35%
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 Western SBLC, Inc originated?
- 784 loans totaling $900.7M. The portfolio carries a 9.6% charge-off rate, earning a “Good” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. First Western SBLC, Inc's rate of 9.6% is below the national rate.
- 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 Western SBLC, Inc fund the most?
- The “Top franchise exposures” table above lists the brands First Western SBLC, Inc has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.