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SBA 7(a) franchise lending portfolio
Iowa State Bank
GOOD risk
- Total loans
- 16
- Loan volume
- $3.0M
- Avg loan size
- $191K
- Default 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% |
| Coast-To-Coast Store | 2 | $260K | 0.0% |
| Maid-Rite Sandwich Shop | 2 | $247K | 50.0% |
| Ace Hardware | 1 | $480K | 0.0% |
| Quiznos | 1 | $110K | 0.0% |
| Pinot's Palette | 1 | $80K | 0.0% |
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%
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
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%).