![Bank Iowa logo](https://cdn.brandfetch.io/bankiowa.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Bank Iowa
CRITICAL risk
- Total loans
- 12
- Loan volume
- $1.5M
- Avg loan size
- $123K
- Default rate
- 33.3%
- vs 15.4% national avg
Defaults
4
Avg interest
7.00%
Franchises funded
10
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Curves For Women | 3 | $252K | 33.3% |
| Subway Sandwich Shop | 1 | $45K | 0.0% |
| Dairy Queen | 1 | $208K | 0.0% |
| Dollar Discount Stores | 1 | $196K | 100.0% |
| Sarpino's Pizzeria | 1 | $104K | 0.0% |
| Furniture Medic | 1 | $35K | 0.0% |
| Service Team Of Professionals | 1 | $15K | 0.0% |
| Quiznos | 1 | $55K | 100.0% |
| Pizza Ranch | 1 | $355K | 0.0% |
| Godfather's Pizza | 1 | $212K | 100.0% |
Lending volume by year
1'93
1'97
4'05
1'06
2'07
1'08
2'09
Geographic exposure
1233.3%
Portfolio summary
Total funded$1.5M
Defaults4 of 12
Risk tierCRITICAL
Avg rate7.00%
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%).