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FranchiseVerdict

SBA 7(a) franchise lending portfolio

First Western SBLC, Inc

GOOD risk
Total loans
784
Loan volume
$900.7M
Avg loan size
$1.1M
Charge-off rate
9.6%
vs 15.4% national avg

Defaults

63

Avg interest

6.35%

Franchises funded

196

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Days Inn56$63.5M3.7% (low risk)
Super 8 Motel31$31.8M0.0% (low risk)
Cici's Pizza25$4.8M0.0% (low risk)
Best Western Inn22$35.0M0.0% (low risk)
Comfort Inn21$25.7M0.0% (low risk)
Ramada Inn20$20.1M0.0% (low risk)
Econo Lodge Motel18$15.0M0.0% (low risk)
Deck The Walls16$2.4M18.8% (high risk)
Quality Inn/Quality Suites, Ho16$32.2M0.0% (low risk)
Quality Inn by Choice Hotels /16$35.3M0.0% (low risk)
Color Tile15$2.1M33.3% (very high risk)
Travelodge14$10.9M0.0% (low risk)
Days Inn by Wyndham14$23.9M0.0% (low risk)
T-Shirts Plus13$1.2M23.1% (very high risk)
Red Roof Inn13$22.8M8.3% (moderate risk)
Super 8 by Wyndhan13$19.9M0.0% (low risk)
Red Roof Inn13$32.1M0.0% (low risk)
Motel 611$14.8M0.0% (low risk)
Motel 611$19.3M0.0% (low risk)
Super 811$16.2M0.0% (low risk)

First Western SBLC, Inc charge-off rate by loan vintage

BrandNational avg
First Western SBLC, Inc charge-off rate by loan vintage. Showing 31 vintages from 1992 to 2022. Rates range from 0.0% to 47.4%.0%5%10%15%20%25%30%35%40%45%50%'92'97'02'07'12'17'22

Shaded area: recent vintages with few resolved loans; rates may change as loans mature.

Geographic exposure

13715.0% (high risk)
736.2% (moderate risk)
630.0% (low risk)
482.6% (low risk)
4710.9% (elevated risk)
425.4% (moderate risk)
3412.1% (elevated risk)
210.0% (low risk)
215.0% (moderate risk)
190.0% (low risk)

Portfolio summary

Total funded$900.7M
Defaults63 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). 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 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.