UB
SBA 7(a) franchise lending portfolio
United Bank
Risk rating: Average
- Total loans
- 113
- Loan volume
- $46.9M
- Avg loan size
- $415K
- Charge-off rate
- 11.4%
- vs 16.0% national
Charged off
12
Avg interest
5.66%
Franchises funded
78
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 10 | $949K | 0.0% (excellent) |
| Daily Grind | 5 | $257K | N/A |
| Firehouse Subs | 5 | $1.2M | N/A |
| Gloria Jean's Coffee Bean | 4 | $672K | N/A |
| Days Inn | 3 | $4.6M | N/A |
| Paul W. Davis Systems | 2 | $481K | N/A |
| Chop Chop | 2 | $405K | N/A |
| Dairy Queen | 2 | $135K | N/A |
| Dogtopia | 2 | $705K | N/A |
| Cold Stone Creamery, Inc. | 2 | $574K | N/A |
| Little Ceasar's Pizza | 2 | $370K | N/A |
| Val Pak | 2 | $300K | N/A |
| Remax | 2 | $45K | N/A |
| Ace Hardware | 2 | $1.0M | N/A |
| Rosati's Pizza | 2 | $934K | N/A |
| Sears Hometown Store | 2 | $60K | N/A |
| NAPA Auto Parts | 2 | $720K | N/A |
| Kids 'R' Kids | 2 | $5.0M | N/A |
| Checkers | 2 | $1.5M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 2 |
| FY1993 | 4 |
| FY1994 | 4 |
| FY1995 | 10 |
| FY1996 | 6 |
| FY1997 | 4 |
| FY1998 | 5 |
| FY1999 | 1 |
| FY2000 | 1 |
| FY2001 | 3 |
| FY2002 | 1 |
| FY2003 | 6 |
| FY2004 | 4 |
| FY2005 | 2 |
| FY2006 | 4 |
| FY2007 | 4 |
| FY2008 | 3 |
| FY2009 | 4 |
| FY2010 | 1 |
| FY2011 | 3 |
| FY2012 | 3 |
| FY2014 | 2 |
| FY2015 | 7 |
| FY2016 | 3 |
| FY2017 | 6 |
| FY2018 | 3 |
| FY2019 | 3 |
| FY2020 | 4 |
| FY2021 | 5 |
| FY2022 | 5 |
SBA 7(a) · charge-off rate by approval year
United Bank charge-off rate by loan vintage
Only 1 of these 21 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1993 | 4 | 0 | Too few |
| 1994 | 4 | 1 | Too few |
| 1995 | 10 | 2 | 20.0% |
| 1996 | 6 | 1 | Too few |
| 1997 | 4 | 0 | Too few |
| 1998 | 5 | 0 | Too few |
| 2001 | 3 | 1 | Too few |
| 2003 | 6 | 0 | Too few |
| 2004 | 4 | 1 | Too few |
| 2006 | 4 | 1 | Too few |
| 2007 | 4 | 1 | Too few |
| 2008 | 3 | 2 | Too few |
| 2009 | 4 | 0 | Too few |
| 2011 | 3 | 1 | Too few |
| 2012 | 3 | 0 | Too few |
| 2015 | 6 | 0 | Too few |
| 2016 | 3 | 0 | Too few |
| 2017 | 5 | 0 | Too few |
| 2018 | 3 | 0 | Too few |
| 2019 | 3 | 0 | Too few |
| 2020 | 4 | 0 | Too early |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
2913.8% (average)
2416.7% (elevated)
2311.1% (average)
110.0% (excellent)
6N/A
5N/A
4N/A
3N/A
3N/A
2N/A
Portfolio summary
Total funded$46.9M
Charged off12 of 113
Risk tierAverage
Avg rate5.66%
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 United Bank originated?
- 113 loans totaling $46.9M. The portfolio carries a 11.4% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. United Bank's rate of 11.4% is below the national rate.
- 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 United Bank fund the most?
- The “Top franchise exposures” table above lists the brands United 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.