![Firstrust Savings Bank logo](https://cdn.brandfetch.io/firstrustsavingsbank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Firstrust Savings Bank
EXCELLENT risk
- Total loans
- 78
- Loan volume
- $49.5M
- Avg loan size
- $635K
- Default 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% |
| Dunkin' Donuts | 5 | $5.0M | 0.0% |
| Philly Soft Pretzel Factory | 4 | $407K | 0.0% |
| European Wax Center | 4 | $1.8M | 0.0% |
| Supercuts | 3 | $498K | 0.0% |
| Hand and Stone Massage and Fac | 3 | $1.6M | 0.0% |
| Meineke Car Care Center | 3 | $4.4M | — |
| Quiznos | 2 | $240K | 0.0% |
| Management Recruiters | 2 | $90K | 0.0% |
| Auntie Ann's (soft Pretzels) | 2 | $50K | 0.0% |
| Marco's Pizza | 2 | $696K | 50.0% |
| Massage Envy | 2 | $910K | 0.0% |
| 1-800-Got-Junk? | 2 | $1.1M | 0.0% |
| Smoothie King | 2 | $1.9M | 100.0% |
| Dunkin' Donut/Baskin-Robbins C | 2 | $1.4M | — |
| Manhattan Bagel | 2 | $410K | 0.0% |
| BounceU | 2 | $2.0M | — |
| Little Gym | 1 | $64K | 0.0% |
| CycleBar | 1 | $385K | 0.0% |
| Ameriprise Financial | 1 | $415K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
380.0%
180.0%
40.0%
350.0%
20.0%
20.0%
20.0%
20.0%
20.0%
1100.0%
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
Default 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%), Critical (>20%).