MB
SBA 7(a) franchise lending portfolio
MidFirst Bank
AVERAGE risk
- Total loans
- 36
- Loan volume
- $19.0M
- Avg loan size
- $528K
- Charge-off rate
- 10.3%
- vs 15.4% national avg
Defaults
3
Avg interest
5.63%
Franchises funded
30
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Heavenly Hams | 2 | $225K | 0.0% (low risk) |
| Cartridge World | 2 | $318K | 0.0% (low risk) |
| Java Daves | 2 | $176K | 50.0% (very high risk) |
| Mazzio's Pizza | 2 | $462K | 0.0% (low risk) |
| Express Employment Professiona | 2 | $229K | 0.0% (low risk) |
| Marble Slab Creamery | 2 | $240K | 0.0% (low risk) |
| Tropik Sun Fruit & Nut | 1 | $80K | 100.0% (very high risk) |
| Radio Shack | 1 | $150K | 100.0% (very high risk) |
| Christian Brothers Automotive | 1 | $1.1M | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $660K | 0.0% (low risk) |
| Miracle Appearance Recondition | 1 | $86K | 0.0% (low risk) |
| I Can't Believe It's Yogurt | 1 | $75K | 0.0% (low risk) |
| Remax | 1 | $56K | 0.0% (low risk) |
| Curves For Women | 1 | $48K | 0.0% (low risk) |
| Dickey's Barbecue Pit | 1 | $416K | 0.0% (low risk) |
| Unique Pizza And Subs | 1 | $120K | 0.0% (low risk) |
| Goldfish Swim School | 1 | $2.9M | 0.0% (low risk) |
| Honest1 Auto Care (aka Honest | 1 | $922K | 0.0% (low risk) |
| Jenny Craig Weight Loss Centre | 1 | $565K | 0.0% (low risk) |
| Hobbytown Usa | 1 | $169K | 0.0% (low risk) |
Lending volume by year
1'99
2'00
4'01
1'02
1'03
1'04
4'07
1'08
2'10
3'12
2'14
2'15
4'17
1'18
3'20
2'21
1'23
1'25
MidFirst Bank charge-off rate by loan vintage
BrandNational avg
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 MidFirst Bank originated?
- 36 loans totaling $19.0M. The portfolio carries a 10.3% 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 MidFirst Bank fund the most?
- The “Top franchise exposures” table above lists the brands MidFirst 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.