![Bank of Utah logo](https://cdn.brandfetch.io/bankofutah.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 of Utah
GOOD risk
- Total loans
- 39
- Loan volume
- $33.0M
- Avg loan size
- $845K
- Default rate
- 5.7%
- vs 15.4% national avg
Defaults
2
Avg interest
6.76%
Franchises funded
30
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 4 | $903K | 0.0% |
| Tunex | 3 | $703K | 0.0% |
| Servpro | 2 | $116K | 0.0% |
| MAACO Auto Painting Center | 2 | $338K | 0.0% |
| Motel 6 | 2 | $3.8M | 0.0% |
| Bee Hive Homes Of America | 2 | $1.2M | 0.0% |
| True Value Hardware | 1 | $373K | 100.0% |
| Coldwell Banker (real Estate B | 1 | $360K | 0.0% |
| Taco Maker | 1 | $150K | 0.0% |
| Rodeway Inns | 1 | $410K | 0.0% |
| Pirate Island Pizza | 1 | $500K | 100.0% |
| Big O Tires | 1 | $379K | 0.0% |
| H & R Block | 1 | $325K | 0.0% |
| Domino's Pizza | 1 | $125K | 0.0% |
| Gandolfo's New York Delicatess | 1 | $69K | 0.0% |
| Howard Johnson | 1 | $790K | 0.0% |
| Red Lion Hotels | 1 | $3.5M | 0.0% |
| Athletic Republic | 1 | $334K | — |
| Overland Petroleum (Sinclair) | 1 | $790K | — |
| Popeye's Famous Fried Chicken | 1 | $1.3M | 0.0% |
Lending volume by year
2'92
1
1
1
1
2'01
3
1
2
1
1'07
3
1
1
2
2'13
2
1
3
4
1'23
2
1'26
Bank of Utah default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$33.0M
Defaults2 of 39
Risk tierGOOD
Avg rate6.76%
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%).