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SBA 7(a) franchise lending portfolio
Unified Bank
AVERAGE risk
- Total loans
- 15
- Loan volume
- $4.4M
- Avg loan size
- $294K
- Default rate
- 13.3%
- vs 15.4% national avg
Defaults
2
Avg interest
4.44%
Franchises funded
13
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Action International | 2 | $200K | 0.0% |
| Once Upon A Child | 2 | $61K | 0.0% |
| Lemstone Books | 1 | $95K | 0.0% |
| Interim Services, Inc. | 1 | $1.0M | 100.0% |
| Comfort Inn | 1 | $1.3M | 0.0% |
| Cold Stone Creamery, Inc. | 1 | $195K | 0.0% |
| AAMCO Transmissions | 1 | $167K | 100.0% |
| Grinders And Such, Inc. | 1 | $144K | 0.0% |
| Quiznos | 1 | $150K | 0.0% |
| East Of Chicago Pizza | 1 | $140K | 0.0% |
| Exxon | 1 | $40K | 0.0% |
| Chrysler | 1 | $300K | 0.0% |
| Buffalo Wild Wings (f/K/A Bw-3 | 1 | $663K | 0.0% |
Lending volume by year
1'93
1'97
1'98
1'02
1'04
1'05
4'06
1'07
1'11
1'13
2'15
Geographic exposure
Portfolio summary
Total funded$4.4M
Defaults2 of 15
Risk tierAVERAGE
Avg rate4.44%
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%).