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SBA 7(a) franchise lending portfolio
Hiawatha National Bank
EXCELLENT risk
- Total loans
- 20
- Loan volume
- $8.4M
- Avg loan size
- $418K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.41%
Franchises funded
15
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jimmy John's | 5 | $2.4M | — |
| ProteinHouse | 2 | $1.8M | — |
| Shell Service Station | 1 | $420K | 0.0% |
| The UPS Store | 1 | $350K | — |
| Pita Pit | 1 | $75K | 0.0% |
| The Pita Pit | 1 | $275K | 0.0% |
| Americas Best Value Inn | 1 | $1.0M | — |
| Ace Hardware | 1 | $310K | — |
| True Value Company LLC - Membe | 1 | $60K | — |
| Realty ONE Group / Realty ONE | 1 | $175K | 0.0% |
| Monster Tree Service | 1 | $353K | — |
| Snap Fitness | 1 | $125K | — |
| One Hour Air Conditioning & He | 1 | $225K | — |
| Dairy Queen Operating Agreemen | 1 | $124K | — |
| Biggby Coffee | 1 | $612K | — |
Lending volume by year
1'14
1'15
1'16
1'19
4'20
2'21
2'22
3'23
1'24
3'25
1'26
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%).