TF
SBA 7(a) franchise lending portfolio
Texas First Bank
Risk rating: High Risk
- Total loans
- 61
- Loan volume
- $20.7M
- Avg loan size
- $340K
- Charge-off rate
- 29.6%
- vs 16.0% national
Charged off
16
Avg interest
6.50%
Franchises funded
34
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Cold Stone Creamery, Inc. | 8 | $1.8M | N/A |
| Murphy's Deli | 7 | $1.1M | N/A |
| Christian Brothers Automotive | 6 | $1.4M | N/A |
| Doubledave's Pizzaworks | 5 | $1.4M | N/A |
| Kids R Kids | 3 | $717K | N/A |
| Pearle Vision Center | 2 | $800K | N/A |
| MAACO Auto Painting Center | 2 | $363K | N/A |
| Aqua-Tots | 2 | $678K | N/A |
| Childrens Lighthouse | 2 | $475K | N/A |
| Pizza Inn | 1 | $82K | N/A |
| Massage Envy | 1 | $321K | N/A |
| The UPS Store | 1 | $150K | N/A |
| Smoothie King (health Food Sto | 1 | $105K | N/A |
| Red Robin Burger And Spirits | 1 | $500K | N/A |
| Exxon | 1 | $60K | N/A |
| Econo Lodge Motel | 1 | $736K | N/A |
| Shipley Donut Shop | 1 | $243K | N/A |
| Dairy Queen | 1 | $149K | N/A |
| Ishine Express Car Wash & Deta | 1 | $128K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2003 | 3 |
| FY2004 | 16 |
| FY2005 | 8 |
| FY2006 | 6 |
| FY2007 | 1 |
| FY2008 | 2 |
| FY2009 | 2 |
| FY2010 | 3 |
| FY2012 | 2 |
| FY2013 | 1 |
| FY2014 | 3 |
| FY2015 | 3 |
| FY2017 | 2 |
| FY2019 | 4 |
| FY2020 | 1 |
| FY2022 | 1 |
| FY2023 | 2 |
| FY2025 | 1 |
SBA 7(a) · charge-off rate by approval year
Texas First Bank charge-off rate by loan vintage
Only 1 of these 7 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2003 | 3 | 3 | Too few |
| 2004 | 16 | 7 | 43.8% |
| 2005 | 8 | 3 | Too few |
| 2006 | 6 | 2 | Too few |
| 2010 | 3 | 0 | Too few |
| 2014 | 3 | 0 | Too few |
| 2015 | 3 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
6030.2% (high risk)
1N/A
Portfolio summary
Total funded$20.7M
Charged off16 of 61
Risk tierHigh Risk
Avg rate6.50%
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 Texas First Bank originated?
- 61 loans totaling $20.7M. The portfolio carries a 29.6% charge-off rate, earning a “High Risk” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Texas First Bank's rate of 29.6% is above the national rate.
- 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 Texas First Bank fund the most?
- The “Top franchise exposures” table above lists the brands Texas First 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.