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SBA 7(a) franchise lending portfolio
The First Bank and Trust Company
EXCELLENT risk
- Total loans
- 18
- Loan volume
- $7.4M
- Avg loan size
- $412K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.92%
Franchises funded
13
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Merle Norman Cosmetics | 2 | $373K | 0.0% |
| We Rock The Spectrum Kid's Gym | 2 | $1.5M | — |
| PuroClean | 2 | $258K | 0.0% |
| Duck Donuts | 2 | $553K | 0.0% |
| Gigi's Cupcakes | 2 | $317K | 0.0% |
| Subway Sandwich Shop | 1 | $150K | 0.0% |
| Citgo Service Station | 1 | $485K | 0.0% |
| Keva Juice | 1 | $250K | 0.0% |
| Edible Arrangements | 1 | $180K | 0.0% |
| Servpro | 1 | $2.0M | — |
| Plato's Closet | 1 | $722K | — |
| Tropical Smoothie Cafe | 1 | $417K | — |
| Superior Fence and Rail | 1 | $250K | 0.0% |
Lending volume by year
1'96
1'97
1'99
1'03
1'05
1'10
2'20
4'21
1'22
4'23
1'25
Geographic exposure
Portfolio summary
Total funded$7.4M
Defaults0 of 18
Risk tierEXCELLENT
Avg rate6.92%
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%).