![MidFirst Bank logo](https://cdn.brandfetch.io/midfirst.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
MidFirst Bank
AVERAGE risk
- Total loans
- 36
- Loan volume
- $19.0M
- Avg loan size
- $528K
- Default 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% |
| Cartridge World | 2 | $318K | 0.0% |
| Java Daves | 2 | $176K | 50.0% |
| Mazzio's Pizza | 2 | $462K | 0.0% |
| Express Employment Professiona | 2 | $229K | 0.0% |
| Marble Slab Creamery | 2 | $240K | 0.0% |
| Tropik Sun Fruit & Nut | 1 | $80K | 100.0% |
| Radio Shack | 1 | $150K | 100.0% |
| Christian Brothers Automotive | 1 | $1.1M | 0.0% |
| Subway Sandwich Shop | 1 | $660K | 0.0% |
| Miracle Appearance Recondition | 1 | $86K | 0.0% |
| I Can't Believe It's Yogurt | 1 | $75K | 0.0% |
| Remax | 1 | $56K | 0.0% |
| Curves For Women | 1 | $48K | 0.0% |
| Dickey's Barbecue Pit | 1 | $416K | 0.0% |
| Unique Pizza And Subs | 1 | $120K | 0.0% |
| Goldfish Swim School | 1 | $2.9M | 0.0% |
| Honest1 Auto Care (aka Honest | 1 | $922K | 0.0% |
| Jenny Craig Weight Loss Centre | 1 | $565K | 0.0% |
| Hobbytown Usa | 1 | $169K | 0.0% |
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 default rate by loan vintage
BrandNational avg
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%).