TF
SBA 7(a) franchise lending portfolio
The First National Bank of McGregor d/b/a TFNB Your Bank for
EXCELLENT risk
- Total loans
- 24
- Loan volume
- $10.5M
- Avg loan size
- $439K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.49%
Franchises funded
20
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Tea2Go | 2 | $297K | N/A |
| Jet's Pizza | 2 | $303K | 0.0% (low risk) |
| Hounds Town USA | 2 | $1.2M | N/A |
| iCode | 2 | $288K | 0.0% (low risk) |
| Fedex | 1 | $150K | 0.0% (low risk) |
| Wild Birds Unlimited | 1 | $146K | N/A |
| Global Green Insurance Agency | 1 | $100K | 0.0% (low risk) |
| Camp Bow Wow | 1 | $1.4M | N/A |
| 360 Painting | 1 | $138K | N/A |
| WaveMAX Laundry | 1 | $112K | N/A |
| Set the Stage | 1 | $150K | N/A |
| Fastsigns | 1 | $450K | N/A |
| Rosati's Pizza | 1 | $89K | N/A |
| Jeremiah's Italian Ice | 1 | $330K | 0.0% (low risk) |
| Signal 88 Security | 1 | $25K | 0.0% (low risk) |
| Mr. Handyman | 1 | $144K | N/A |
| Tea 2 Go | 1 | $424K | N/A |
| Pinnacle Montessori Academy | 1 | $4.4M | 0.0% (low risk) |
| Bar-B-Clean | 1 | $65K | N/A |
| Signarama | 1 | $327K | 0.0% (low risk) |
Lending volume by year
1'11
4'17
2'18
1'19
4'20
4'21
3'22
2'23
3'24
Geographic exposure
240.0% (low risk)
Portfolio summary
Total funded$10.5M
Defaults0 of 24
Risk tierEXCELLENT
Avg rate7.49%
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 The First National Bank of McGregor d/b/a TFNB Your Bank for originated?
- 24 loans totaling $10.5M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 The First National Bank of McGregor d/b/a TFNB Your Bank for fund the most?
- The “Top franchise exposures” table above lists the brands The First National Bank of McGregor d/b/a TFNB Your Bank for has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.