First Bank Fantastic Sams SBA Loans in Texas — 11 Funded
Texas loan data 2006–2008 · Updated April 2026
First Bank has funded 11 SBA loans to Fantastic Sams franchisees in Texas, totaling $1.6M in approved financing across 8 cities.
The average Fantastic Sams loan in Texas from First Bank is $141K, with terms averaging 96 months. The Texas default rate is 9.1% based on 11 resolved loans — 3.4 points lower than First Bank's national Fantastic Sams default rate of 12.5%. Texas represents 68.8% of First Bank's total Fantastic Sams lending nationally.
How Texas Compares to First Bank's National Fantastic Sams Lending
Looking to fund a Fantastic Sams franchise in Texas?
First Bank is one of 11+ lenders who have funded Fantastic Sams in Texas. 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 Texas
Based on 11 SBA loans originated by First Bank for Fantastic Sams franchisees with Texas addresses, the Texas-specific lending relationship spans 2006–2008. Of 11 resolved Texas loans, 10 were paid in full and 1 resulted in chargeoffs.
The Texas loan size range extends from $25K to $405K, indicating First Bank funds both smaller single-unit Fantastic Sams operations and larger multi-unit or renovation projects in Texas. Each loan supports an average of 11 jobs in the local economy.
SBA Programs Used for Fantastic Sams Loans in Texas
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 11 | $141K | N/A | 96 mo |
Where in Texas First Bank Funds Fantastic Sams Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Bullard | 3 | $117K | $350K | 0% — Low Risk |
| Houston | 2 | $107K | $213K | 50% — High Risk |
| Dallas | 1 | $239K | $239K | 0% — Low Risk |
| Kingwood | 1 | $105K | $105K | 0% — Low Risk |
| Cypress | 1 | $405K | $405K | 0% — Low Risk |
| Rhome | 1 | $100K | $100K | 0% — Low Risk |
| Katy | 1 | $75K | $75K | 0% — Low Risk |
| Kinwood | 1 | $68K | $68K | 0% — Low Risk |
First Bank's strongest Fantastic Sams lending presence in Texas is concentrated in Bullard (3 loans), Houston (2 loans), Dallas (1 loans).
First Bank Fantastic Sams Lending in Texas Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2009 | 2 | $169K | $339K | — |
| 2008 | 3 | $214K | $643K | — |
| 2007 | 4 | $98K | $393K | — |
| 2006 | 2 | $90K | $180K | — |
Other Lenders That Fund Fantastic Sams in Texas
First Bank is not the only lender funding Fantastic Sams in Texas. Compare 10 other banks who have originated Fantastic Sams SBA loans to Texas borrowers.
| Lender | Texas Loans | Avg Size | Default Rate |
|---|---|---|---|
| First Bank (this page) | 11 | $141K | 9.1% — Moderate |
| The Bancorp Bank National Association | 8 | $202K | 33.3% — High Risk |
| Security Service FCU | 8 | $192K | 0% — Low Risk |
| Wells Fargo Bank National Association | 5 | $156K | 40% — High Risk |
| LendingClub Bank, National Association | 5 | $223K | 60% — High Risk |
| Readycap Lending, LLC | 3 | $324K | 0% — Low Risk |
| Comerica Bank | 3 | $147K | 0% — Low Risk |
| JPMorgan Chase Bank, National Association | 3 | $76K | 0% — Low Risk |
| Simmons Bank | 3 | $143K | 33.3% — High Risk |
| Broadway National Bank | 2 | $115K | 0% — Low Risk |
| Newtek Small Business Finance, Inc. | 2 | $70K | 0% — Low Risk |
Other Franchises First Bank Funds in Texas
First Bank is active in Texas franchise lending beyond Fantastic Sams. Other Texas 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 Texas
If you're considering a Fantastic Sams franchise in Texas and want to finance through First Bank or another SBA lender, here's what you need to know based on our analysis of 11 historical Texas 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 Texas Lenders
11 lenders have funded Fantastic Sams in Texas. 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 Texas 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 Texas historical data: The average Fantastic Sams SBA loan from First Bank in Texas is $141K with a 96-month term.Texas loan amounts range from $25K to $405K.
Ready to Fund Your Fantastic Sams Franchise in Texas?
We connect you with lenders who have already funded Fantastic Sams in Texas — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.