BI
SBA 7(a) franchise lending portfolio
Bank Iowa
CRITICAL risk
- Total loans
- 12
- Loan volume
- $1.5M
- Avg loan size
- $123K
- Charge-off 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% (very high risk) |
| Subway Sandwich Shop | 1 | $45K | 0.0% (low risk) |
| Dairy Queen | 1 | $208K | 0.0% (low risk) |
| Dollar Discount Stores | 1 | $196K | 100.0% (very high risk) |
| Sarpino's Pizzeria | 1 | $104K | 0.0% (low risk) |
| Furniture Medic | 1 | $35K | 0.0% (low risk) |
| Service Team Of Professionals | 1 | $15K | 0.0% (low risk) |
| Quiznos | 1 | $55K | 100.0% (very high risk) |
| Pizza Ranch | 1 | $355K | 0.0% (low risk) |
| Godfather's Pizza | 1 | $212K | 100.0% (very high risk) |
Lending volume by year
1'93
1'97
4'05
1'06
2'07
1'08
2'09
Geographic exposure
1233.3% (very high risk)
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
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 Bank Iowa originated?
- 12 loans totaling $1.5M. The portfolio carries a 33.3% charge-off rate, earning a “CRITICAL” 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 Bank Iowa fund the most?
- The “Top franchise exposures” table above lists the brands Bank Iowa has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.