![Union National Bank logo](https://cdn.brandfetch.io/unionnationalbank.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 National Bank
GOOD risk
- Total loans
- 26
- Loan volume
- $5.4M
- Avg loan size
- $209K
- Default 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% |
| Big Apple Bagels | 4 | $530K | 25.0% |
| Schlotzsky's Sandwich Shop | 2 | $750K | 0.0% |
| Servicemaster | 1 | $67K | 0.0% |
| Tower Cleaning Systems | 1 | $80K | 0.0% |
| Executive Deli | 1 | $48K | 100.0% |
| Papyrus (retail Paper) | 1 | $155K | 0.0% |
| Ponderosa Steak House | 1 | $650K | 0.0% |
| Great Clips | 1 | $65K | 0.0% |
| Post Net | 1 | $128K | 0.0% |
| City Publications | 1 | $301K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
267.7%
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
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%).