IS
SBA 7(a) franchise lending portfolio
Iowa State Bank
GOOD risk
- Total loans
- 16
- Loan volume
- $3.0M
- Avg loan size
- $191K
- Charge-off rate
- 6.3%
- vs 15.4% national avg
Defaults
1
Avg interest
5.79%
Franchises funded
6
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Pizza Ranch | 9 | $1.9M | 0.0% (low risk) |
| Coast-To-Coast Store | 2 | $260K | 0.0% (low risk) |
| Maid-Rite Sandwich Shop | 2 | $247K | 50.0% (very high risk) |
| Ace Hardware | 1 | $480K | 0.0% (low risk) |
| Quiznos | 1 | $110K | 0.0% (low risk) |
| Pinot's Palette | 1 | $80K | 0.0% (low risk) |
Lending volume by year
1'92
2'95
1'03
1'05
2'06
1'08
2'09
1'10
2'11
3'13
Geographic exposure
166.2% (moderate risk)
Portfolio summary
Total funded$3.0M
Defaults1 of 16
Risk tierGOOD
Avg rate5.79%
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 Iowa State Bank originated?
- 16 loans totaling $3.0M. The portfolio carries a 6.3% charge-off rate, earning a “GOOD” 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 Iowa State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Iowa State 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.