TF
SBA 7(a) franchise lending portfolio
Texas First Bank
CRITICAL risk
- Total loans
- 61
- Loan volume
- $20.7M
- Avg loan size
- $340K
- Charge-off 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% (very high risk) |
| Murphy's Deli | 7 | $1.1M | 42.9% (very high risk) |
| Christian Brothers Automotive | 6 | $1.4M | 0.0% (low risk) |
| Doubledave's Pizzaworks | 5 | $1.4M | 40.0% (very high risk) |
| Kids R Kids | 3 | $717K | 0.0% (low risk) |
| Pearle Vision Center | 2 | $800K | 0.0% (low risk) |
| MAACO Auto Painting Center | 2 | $363K | 100.0% (very high risk) |
| Aqua-Tots | 2 | $678K | 0.0% (low risk) |
| Pizza Inn | 1 | $82K | 100.0% (very high risk) |
| Massage Envy | 1 | $321K | 0.0% (low risk) |
| The UPS Store | 1 | $150K | 0.0% (low risk) |
| Smoothie King (health Food Sto | 1 | $105K | 100.0% (very high risk) |
| Red Robin Burger And Spirits | 1 | $500K | 0.0% (low risk) |
| Exxon | 1 | $60K | 100.0% (very high risk) |
| Econo Lodge Motel | 1 | $736K | 0.0% (low risk) |
| Shipley Donut Shop | 1 | $243K | 0.0% (low risk) |
| Childrens Lighthouse | 1 | $340K | 0.0% (low risk) |
| Dairy Queen | 1 | $149K | 0.0% (low risk) |
| Ishine Express Car Wash & Deta | 1 | $128K | 0.0% (low risk) |
| Children's Lighthouse | 1 | $135K | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
6030.2% (very high risk)
10.0% (low risk)
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
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 “CRITICAL” 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 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.