HN
SBA 7(a) franchise lending portfolio
Hiawatha National Bank
EXCELLENT risk
- Total loans
- 20
- Loan volume
- $8.4M
- Avg loan size
- $418K
- Charge-off 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 | N/A |
| ProteinHouse | 2 | $1.8M | N/A |
| Shell Service Station | 1 | $420K | 0.0% (low risk) |
| The UPS Store | 1 | $350K | N/A |
| Pita Pit | 1 | $75K | 0.0% (low risk) |
| The Pita Pit | 1 | $275K | 0.0% (low risk) |
| Americas Best Value Inn | 1 | $1.0M | N/A |
| Ace Hardware | 1 | $310K | N/A |
| True Value Company LLC - Membe | 1 | $60K | N/A |
| Realty ONE Group / Realty ONE | 1 | $175K | 0.0% (low risk) |
| Monster Tree Service | 1 | $353K | N/A |
| Snap Fitness | 1 | $125K | N/A |
| One Hour Air Conditioning & He | 1 | $225K | N/A |
| Dairy Queen Operating Agreemen | 1 | $124K | N/A |
| Biggby Coffee | 1 | $612K | N/A |
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
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 Hiawatha National Bank originated?
- 20 loans totaling $8.4M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Hiawatha National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Hiawatha National Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.