![Union Bank logo](https://cdn.brandfetch.io/unionbank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Union Bank
CRITICAL risk
- Total loans
- 22
- Loan volume
- $4.0M
- Avg loan size
- $183K
- Default rate
- 27.8%
- vs 15.4% national avg
Defaults
5
Avg interest
6.90%
Franchises funded
14
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 3 | $298K | 66.7% |
| Larmar's Donuts | 2 | $180K | 0.0% |
| Golf U.s.a. (retail Golf Equip | 2 | $365K | 0.0% |
| Baskin-Robbins 31 Ice Cream | 2 | $155K | 0.0% |
| New York Burrito Gourmet Wraps | 2 | $225K | 100.0% |
| Hardee's Restaurant | 2 | $265K | 50.0% |
| Handyman Connection | 2 | $144K | — |
| Econo Lodge Motel | 1 | $1.0M | 0.0% |
| Asi Sign Systems | 1 | $30K | 0.0% |
| Super 8 Motel | 1 | $850K | 0.0% |
| Snap-On-Tools | 1 | $90K | 0.0% |
| Papa Murphy's | 1 | $296K | 0.0% |
| C.N. Brown Company (Shell) Dea | 1 | $100K | 0.0% |
| Line-X | 1 | $30K | — |
Lending volume by year
1'92
2'93
2'94
5'95
1'96
2'97
3'98
1'99
1'14
1'19
1'21
2'25
Geographic exposure
Portfolio summary
Total funded$4.0M
Defaults5 of 22
Risk tierCRITICAL
Avg rate6.90%
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%).