FS
SBA 7(a) franchise lending portfolio
Firstrust Savings Bank
EXCELLENT risk
- Total loans
- 78
- Loan volume
- $49.5M
- Avg loan size
- $635K
- Charge-off rate
- 3.8%
- vs 15.4% national avg
Defaults
2
Avg interest
6.67%
Franchises funded
48
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Skyzone | 5 | $6.4M | 0.0% (low risk) |
| Dunkin' Donuts | 5 | $5.0M | 0.0% (low risk) |
| Philly Soft Pretzel Factory | 4 | $407K | 0.0% (low risk) |
| European Wax Center | 4 | $1.8M | 0.0% (low risk) |
| Supercuts | 3 | $498K | 0.0% (low risk) |
| Hand and Stone Massage and Fac | 3 | $1.6M | 0.0% (low risk) |
| Meineke Car Care Center | 3 | $4.4M | N/A |
| Quiznos | 2 | $240K | 0.0% (low risk) |
| Management Recruiters | 2 | $90K | 0.0% (low risk) |
| Auntie Ann's (soft Pretzels) | 2 | $50K | 0.0% (low risk) |
| Marco's Pizza | 2 | $696K | 50.0% (very high risk) |
| Massage Envy | 2 | $910K | 0.0% (low risk) |
| 1-800-Got-Junk? | 2 | $1.1M | 0.0% (low risk) |
| Smoothie King | 2 | $1.9M | 100.0% (very high risk) |
| Dunkin' Donut/Baskin-Robbins C | 2 | $1.4M | N/A |
| Manhattan Bagel | 2 | $410K | 0.0% (low risk) |
| BounceU | 2 | $2.0M | N/A |
| Little Gym | 1 | $64K | 0.0% (low risk) |
| CycleBar | 1 | $385K | 0.0% (low risk) |
| Ameriprise Financial | 1 | $415K | 0.0% (low risk) |
Lending volume by year
1'02
1'03
1'05
5'07
3'09
1'12
7'14
11'15
12'16
7'17
2'18
1'20
6'21
5'22
11'23
2'24
2'25
Firstrust Savings Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
380.0% (low risk)
180.0% (low risk)
40.0% (low risk)
350.0% (very high risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
1100.0% (very high risk)
Portfolio summary
Total funded$49.5M
Defaults2 of 78
Risk tierEXCELLENT
Avg rate6.67%
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 Firstrust Savings Bank originated?
- 78 loans totaling $49.5M. The portfolio carries a 3.8% 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 Firstrust Savings Bank fund the most?
- The “Top franchise exposures” table above lists the brands Firstrust Savings 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.