FW
SBA 7(a) franchise lending portfolio
First Westroads Bank, Inc
AVERAGE risk
- Total loans
- 11
- Loan volume
- $2.1M
- Avg loan size
- $188K
- Charge-off rate
- 10.0%
- vs 15.4% national avg
Defaults
1
Avg interest
5.38%
Franchises funded
11
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Great Steak And Fry Company | 1 | $65K | 0.0% (low risk) |
| Cornwell Quality Tool Company, | 1 | $66K | 0.0% (low risk) |
| Hair Color Express | 1 | $130K | 0.0% (low risk) |
| Sports Clips | 1 | $125K | 0.0% (low risk) |
| Convenient Food Mart | 1 | $78K | 100.0% (very high risk) |
| True REST | 1 | $475K | 0.0% (low risk) |
| Tom And Chee | 1 | $175K | 0.0% (low risk) |
| Servicemaster Clean | 1 | $100K | 0.0% (low risk) |
| Dickey's Barbecue Pit | 1 | $265K | 0.0% (low risk) |
| The UPS Store | 1 | $180K | 0.0% (low risk) |
| Tropical Smoothie Cafe | 1 | $405K | N/A |
Lending volume by year
1'99
2'02
2'03
1'14
1'15
1'16
2'17
1'21
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 Westroads Bank, Inc originated?
- 11 loans totaling $2.1M. The portfolio carries a 10.0% charge-off rate, earning a “AVERAGE” 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 Westroads Bank, Inc fund the most?
- The “Top franchise exposures” table above lists the brands First Westroads Bank, 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.