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SBA 7(a) franchise lending portfolio
Texas First Bank
CRITICAL risk
- Total loans
- 61
- Loan volume
- $20.7M
- Avg loan size
- $340K
- Default rate
- 29.6%
- vs 15.4% national avg
Defaults
16
Avg interest
6.50%
Franchises funded
34
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Cold Stone Creamery, Inc. | 8 | $1.8M | 75.0% |
| Murphy's Deli | 7 | $1.1M | 42.9% |
| Christian Brothers Automotive | 6 | $1.4M | 0.0% |
| Doubledave's Pizzaworks | 5 | $1.4M | 40.0% |
| Kids R Kids | 3 | $717K | 0.0% |
| Pearle Vision Center | 2 | $800K | 0.0% |
| MAACO Auto Painting Center | 2 | $363K | 100.0% |
| Aqua-Tots | 2 | $678K | 0.0% |
| Pizza Inn | 1 | $82K | 100.0% |
| Massage Envy | 1 | $321K | 0.0% |
| The UPS Store | 1 | $150K | 0.0% |
| Smoothie King (health Food Sto | 1 | $105K | 100.0% |
| Red Robin Burger And Spirits | 1 | $500K | 0.0% |
| Exxon | 1 | $60K | 100.0% |
| Econo Lodge Motel | 1 | $736K | 0.0% |
| Shipley Donut Shop | 1 | $243K | 0.0% |
| Childrens Lighthouse | 1 | $340K | 0.0% |
| Dairy Queen | 1 | $149K | 0.0% |
| Ishine Express Car Wash & Deta | 1 | $128K | 0.0% |
| Children's Lighthouse | 1 | $135K | 0.0% |
Lending volume by year
3'03
16'04
8'05
6'06
1'07
2'08
2'09
3'10
2'12
1'13
3'14
3'15
2'17
4'19
1'20
1'22
2'23
1'25
Texas First Bank default rate by loan vintage
BrandNational avg
Geographic exposure
6030.2%
10.0%
Portfolio summary
Total funded$20.7M
Defaults16 of 61
Risk tierCRITICAL
Avg rate6.50%
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%).