UN
SBA 7(a) franchise lending portfolio
Union National Bank
GOOD risk
- Total loans
- 26
- Loan volume
- $5.4M
- Avg loan size
- $209K
- Charge-off rate
- 7.7%
- vs 15.4% national avg
Defaults
2
Avg interest
7.25%
Franchises funded
11
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dunkin Donuts | 12 | $2.7M | 0.0% (low risk) |
| Big Apple Bagels | 4 | $530K | 25.0% (very high risk) |
| Schlotzsky's Sandwich Shop | 2 | $750K | 0.0% (low risk) |
| Servicemaster | 1 | $67K | 0.0% (low risk) |
| Tower Cleaning Systems | 1 | $80K | 0.0% (low risk) |
| Executive Deli | 1 | $48K | 100.0% (very high risk) |
| Papyrus (retail Paper) | 1 | $155K | 0.0% (low risk) |
| Ponderosa Steak House | 1 | $650K | 0.0% (low risk) |
| Great Clips | 1 | $65K | 0.0% (low risk) |
| Post Net | 1 | $128K | 0.0% (low risk) |
| City Publications | 1 | $301K | 0.0% (low risk) |
Lending volume by year
1'92
4'93
5'94
5'95
5'96
2'97
1'02
1'04
1'08
1'19
Union National Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
267.7% (moderate risk)
Portfolio summary
Total funded$5.4M
Defaults2 of 26
Risk tierGOOD
Avg rate7.25%
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 National Bank originated?
- 26 loans totaling $5.4M. The portfolio carries a 7.7% 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 Union National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Union National 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.