US
SBA 7(a) franchise lending portfolio
Union State Bank
CRITICAL risk
- Total loans
- 12
- Loan volume
- $2.5M
- Avg loan size
- $211K
- Charge-off rate
- 33.3%
- vs 15.4% national avg
Defaults
4
Avg interest
5.88%
Franchises funded
11
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Baskin-Robbins 31 Ice Cream | 2 | $395K | 100.0% (very high risk) |
| Amoco (gas Station) | 1 | $400K | 0.0% (low risk) |
| Seven-Eleven (7-11) Food Store | 1 | $60K | 0.0% (low risk) |
| Prudential Realtors (the) | 1 | $332K | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $150K | 0.0% (low risk) |
| Furniture Medic | 1 | $25K | 0.0% (low risk) |
| Mr. Electric | 1 | $43K | 100.0% (very high risk) |
| Happy Chef | 1 | $300K | 0.0% (low risk) |
| Sears Catalog Store | 1 | $145K | 0.0% (low risk) |
| Gambino's Pizza | 1 | $232K | 0.0% (low risk) |
| Huddle House | 1 | $450K | 100.0% (very high risk) |
Lending volume by year
1'94
1'96
1'97
1'03
2'04
1'05
1'07
2'08
1'10
1'11
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 State Bank originated?
- 12 loans totaling $2.5M. The portfolio carries a 33.3% 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 State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Union State 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.