UB
SBA 7(a) franchise lending portfolio
United Bank of Iowa
CRITICAL risk
- Total loans
- 31
- Loan volume
- $12.4M
- Avg loan size
- $399K
- Charge-off 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% (low risk) |
| Subway Sandwich Shop | 5 | $995K | 0.0% (low risk) |
| Subway | 3 | $797K | 100.0% (very high risk) |
| Super 8 by Wyndhan | 2 | $1.9M | N/A |
| Pizza Ranch | 1 | $133K | 100.0% (very high risk) |
| Matco Tools (rent Tools) | 1 | $45K | 0.0% (low risk) |
| Casey's General Store | 1 | $180K | 0.0% (low risk) |
| Ben Franklin Store | 1 | $105K | 100.0% (very high risk) |
| A & W Restaurant | 1 | $93K | 0.0% (low risk) |
| NAPA Auto Parts | 1 | $240K | 0.0% (low risk) |
| Tanworld | 1 | $325K | 0.0% (low risk) |
| Dollar Discount Stores | 1 | $92K | 100.0% (very high risk) |
| Pronto Markets | 1 | $55K | 0.0% (low risk) |
| H & R Block | 1 | $128K | 0.0% (low risk) |
| Pizza Ranch | 1 | $220K | N/A |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
2626.1% (very high risk)
30.0% (low risk)
10.0% (low risk)
10.0% (low risk)
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
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 of Iowa originated?
- 31 loans totaling $12.4M. The portfolio carries a 21.4% 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 United Bank of Iowa fund the most?
- The “Top franchise exposures” table above lists the brands United Bank of Iowa has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.