First Bank Fantastic Sams SBA Loans in Georgia — 4 Funded
Georgia loan data 2008–2009 · Updated April 2026
First Bank has funded 4 SBA loans to Fantastic Sams franchisees in Georgia, totaling $710K in approved financing across 3 cities.
The average Fantastic Sams loan in Georgia from First Bank is $178K, with terms averaging 103 months. The Georgia default rate is 25% based on 4 resolved loans — 12.5 points higher than First Bank's national Fantastic Sams default rate of 12.5%. Georgia represents 25.0% of First Bank's total Fantastic Sams lending nationally.
How Georgia Compares to First Bank's National Fantastic Sams Lending
Looking to fund a Fantastic Sams franchise in Georgia?
First Bank is one of 3+ lenders who have funded Fantastic Sams in Georgia. We can help you compare options and connect with lenders experienced in this brand and state — no retainers, referral fee at closing.
First Bank Fantastic Sams Loan Performance in Georgia
Based on 4 SBA loans originated by First Bank for Fantastic Sams franchisees with Georgia addresses, the Georgia-specific lending relationship spans 2008–2009. Of 4 resolved Georgia loans, 3 were paid in full and 1 resulted in chargeoffs.
The Georgia loan size range extends from $105K to $210K, indicating First Bank funds both smaller single-unit Fantastic Sams operations and larger multi-unit or renovation projects in Georgia. Each loan supports an average of 10 jobs in the local economy.
The 25% Georgia default rate is above the SBA portfolio average. This may reflect local market conditions, the specific Georgia cities funded, or the economic cycle when these loans originated. Prospective borrowers should compare this to other Georgia lenders who have funded Fantastic Sams (shown below) and consider multiple options before committing.
SBA Programs Used for Fantastic Sams Loans in Georgia
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 4 | $178K | N/A | 103 mo |
Where in Georgia First Bank Funds Fantastic Sams Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Athens | 2 | $158K | $315K | 0% — Low Risk |
| Watkinsville | 1 | $195K | $195K | 100% — High Risk |
| Newnan | 1 | $200K | $200K | 0% — Low Risk |
First Bank's strongest Fantastic Sams lending presence in Georgia is concentrated in Athens (2 loans), Watkinsville (1 loans), Newnan (1 loans).
First Bank Fantastic Sams Lending in Georgia Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2009 | 1 | $200K | $200K | — |
| 2008 | 3 | $170K | $510K | — |
Other Lenders That Fund Fantastic Sams in Georgia
First Bank is not the only lender funding Fantastic Sams in Georgia. Compare 2 other banks who have originated Fantastic Sams SBA loans to Georgia borrowers.
| Lender | Georgia Loans | Avg Size | Default Rate |
|---|---|---|---|
| First Bank (this page) | 4 | $178K | 25% — High Risk |
| Simmons Bank | 2 | $150K | 0% — Low Risk |
| The Bancorp Bank National Association | 2 | $199K | 100% — High Risk |
Other Franchises First Bank Funds in Georgia
First Bank is active in Georgia franchise lending beyond Fantastic Sams. Other Georgia franchise brands they have funded:
First Bank Fantastic Sams Lending in Other States
First Bank has also funded Fantastic Sams franchisees in 1 other states. View state-specific data:
How to Get an SBA Loan for a Fantastic Sams Franchise in Georgia
If you're considering a Fantastic Sams franchise in Georgia and want to finance through First Bank or another SBA lender, here's what you need to know based on our analysis of 4 historical Georgia loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Fantastic Sams's franchise fee and total investment determine minimum capital requirements.
Compare Georgia Lenders
3 lenders have funded Fantastic Sams in Georgia. Lenders with more local Fantastic Sams experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches Georgia borrowers with lenders who have a proven track record funding Fantastic Sams in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on Georgia historical data: The average Fantastic Sams SBA loan from First Bank in Georgia is $178K with a 103-month term.Georgia loan amounts range from $105K to $210K.
Ready to Fund Your Fantastic Sams Franchise in Georgia?
We connect you with lenders who have already funded Fantastic Sams in Georgia — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.