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SBA 7(a) franchise lending portfolio
The First National Bank in Sioux Falls
GOOD risk
- Total loans
- 39
- Loan volume
- $12.5M
- Avg loan size
- $319K
- Default rate
- 8.3%
- vs 15.4% national avg
Defaults
2
Avg interest
6.43%
Franchises funded
27
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 4 | $325K | 0.0% |
| Pizza Ranch | 3 | $300K | 0.0% |
| Pizza Ranch | 3 | $978K | 0.0% |
| Scooter's Coffee | 3 | $1.2M | 0.0% |
| Wingstop | 3 | $2.0M | — |
| Scooter's Coffeehouse | 2 | $609K | 0.0% |
| Big O Tires | 1 | $165K | 0.0% |
| Coast-To-Coast Store | 1 | $95K | 0.0% |
| Batteries Plus | 1 | $275K | 0.0% |
| Servicemaster | 1 | $332K | 0.0% |
| Papa Murphy's | 1 | $360K | 0.0% |
| Pods | 1 | $767K | 0.0% |
| Auntie Anne's | 1 | $534K | 0.0% |
| Schlotzsky's | 1 | $600K | 100.0% |
| NAPA Auto Parts | 1 | $350K | 0.0% |
| Subway | 1 | $648K | — |
| OsteoStrong | 1 | $300K | — |
| We Rock The Spectrum Kid's Gym | 1 | $230K | — |
| Los Campeones Gym | 1 | $469K | — |
| Cinnabon | 1 | $175K | 0.0% |
Lending volume by year
2'93
4'94
2'95
1'96
1'02
1'03
1'11
1'14
1'15
3'17
1'18
2'19
2'20
4'21
1'22
2'23
4'24
6'25
The First National Bank in Sioux Falls default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$12.5M
Defaults2 of 39
Risk tierGOOD
Avg rate6.43%
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%).