![Premier Bank logo](https://cdn.brandfetch.io/premierbank.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
Premier Bank
AVERAGE risk
- Total loans
- 31
- Loan volume
- $6.0M
- Avg loan size
- $193K
- Default rate
- 12.9%
- vs 15.4% national avg
Defaults
4
Avg interest
5.84%
Franchises funded
22
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 5 | $938K | 0.0% |
| Mr. Goodcents Sub' And Pasta | 3 | $194K | 0.0% |
| Fantastic Sam's | 3 | $340K | 0.0% |
| Jimmy John's | 2 | $706K | 0.0% |
| Integrated Medical Resources, | 1 | $500K | 0.0% |
| Domino's Pizza | 1 | $120K | 0.0% |
| Quiznos | 1 | $150K | 0.0% |
| Dairy Queen | 1 | $913K | 0.0% |
| Hobbytown Usa | 1 | $255K | 100.0% |
| Mail Boxes Etc. Usa | 1 | $100K | 0.0% |
| Dollar Discount Stores | 1 | $120K | 100.0% |
| Lamar's Donuts | 1 | $70K | 0.0% |
| MAACO Auto Painting Center | 1 | $150K | 100.0% |
| Jack & Jill | 1 | $200K | 0.0% |
| Merry Maids | 1 | $113K | 0.0% |
| Dairy Queen/Limited Brazier Op | 1 | $160K | 0.0% |
| Subway | 1 | $50K | 0.0% |
| Sears Authorized Hometown Stor | 1 | $150K | 100.0% |
| Snap Fitness | 1 | $250K | 0.0% |
| Anytime Fitness | 1 | $150K | 0.0% |
Lending volume by year
1'92
2'94
1'95
2'98
1'00
1'01
2'02
2'04
4'05
1'06
1'07
3'08
1'09
1'12
3'15
1'16
3'17
1'19
Premier 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%).