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SBA 7(a) franchise lending portfolio
United Bank of Iowa
CRITICAL risk
- Total loans
- 31
- Loan volume
- $12.4M
- Avg loan size
- $399K
- Default rate
- 21.4%
- vs 15.4% national avg
Defaults
6
Avg interest
4.96%
Franchises funded
15
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| tanworld | 10 | $7.0M | 0.0% |
| Subway Sandwich Shop | 5 | $995K | 0.0% |
| Subway | 3 | $797K | 100.0% |
| Super 8 by Wyndhan | 2 | $1.9M | — |
| Pizza Ranch | 1 | $133K | 100.0% |
| Matco Tools (rent Tools) | 1 | $45K | 0.0% |
| Casey's General Store | 1 | $180K | 0.0% |
| Ben Franklin Store | 1 | $105K | 100.0% |
| A & W Restaurant | 1 | $93K | 0.0% |
| NAPA Auto Parts | 1 | $240K | 0.0% |
| Tanworld | 1 | $325K | 0.0% |
| Dollar Discount Stores | 1 | $92K | 100.0% |
| Pronto Markets | 1 | $55K | 0.0% |
| H & R Block | 1 | $128K | 0.0% |
| Pizza Ranch | 1 | $220K | — |
Lending volume by year
1'93
2'94
2'97
1'01
1'02
2'03
3'05
4'06
3'07
5'08
1'09
1'15
1'16
1'17
2'22
1'25
United Bank of Iowa default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$12.4M
Defaults6 of 31
Risk tierCRITICAL
Avg rate4.96%
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%).