UB
SBA 7(a) franchise lending portfolio
Union Bank
CRITICAL risk
- Total loans
- 22
- Loan volume
- $4.0M
- Avg loan size
- $183K
- Charge-off 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% (very high risk) |
| Larmar's Donuts | 2 | $180K | 0.0% (low risk) |
| Golf U.s.a. (retail Golf Equip | 2 | $365K | 0.0% (low risk) |
| Baskin-Robbins 31 Ice Cream | 2 | $155K | 0.0% (low risk) |
| New York Burrito Gourmet Wraps | 2 | $225K | 100.0% (very high risk) |
| Hardee's Restaurant | 2 | $265K | 50.0% (very high risk) |
| Handyman Connection | 2 | $144K | N/A |
| Econo Lodge Motel | 1 | $1.0M | 0.0% (low risk) |
| Asi Sign Systems | 1 | $30K | 0.0% (low risk) |
| Super 8 Motel | 1 | $850K | 0.0% (low risk) |
| Snap-On-Tools | 1 | $90K | 0.0% (low risk) |
| Papa Murphy's | 1 | $296K | 0.0% (low risk) |
| C.N. Brown Company (Shell) Dea | 1 | $100K | 0.0% (low risk) |
| Line-X | 1 | $30K | N/A |
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
922.2% (very high risk)
660.0% (very high risk)
30.0% (low risk)
20.0% (low risk)
20.0% (low risk)
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
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 Union Bank originated?
- 22 loans totaling $4.0M. The portfolio carries a 27.8% charge-off rate, earning a “CRITICAL” 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 Union Bank fund the most?
- The “Top franchise exposures” table above lists the brands Union 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.