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SBA 7(a) franchise lending portfolio
United Midwest Savings Bank National Association
CRITICAL risk
- Total loans
- 4,281
- Loan volume
- $895.2M
- Avg loan size
- $209K
- Default rate
- 36.5%
- vs 15.4% national avg
Defaults
478
Avg interest
8.18%
Franchises funded
581
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Naturals2Go | 237 | $30.4M | 10.2% |
| The Grounds Guys | 184 | $27.8M | 52.6% |
| Sam the Concrete Man | 93 | $13.6M | 33.3% |
| Mr. Appliance | 85 | $12.4M | 62.2% |
| 360 Painting | 83 | $12.2M | 46.2% |
| Budget Blinds | 80 | $11.9M | 15.4% |
| Property Management Inc. | 79 | $11.5M | 28.6% |
| Rainbow International | 74 | $13.5M | 50.0% |
| Ace Handyman Services | 68 | $10.7M | 20.0% |
| Patrice & Associates | 65 | $8.8M | 44.4% |
| Aire Serv | 63 | $13.6M | 72.7% |
| Mr. Handyman | 62 | $9.2M | 29.4% |
| Mr. Electric | 61 | $11.5M | 40.0% |
| Window Genie | 60 | $9.0M | 70.0% |
| Bio-One | 57 | $8.6M | 22.2% |
| PuroClean | 46 | $9.1M | 10.0% |
| Real Property Management | 45 | $6.6M | 30.0% |
| College Hunks Hauling Junk | 44 | $6.8M | 56.2% |
| Schooley Mitchell | 43 | $5.9M | 46.7% |
| Two Maids & a Mop | 42 | $6.3M | 16.7% |
Lending volume by year
1'00
4
8
4
3
1'07
1
2
2
1
3'16
128
453
482
526
768'21
361
417
494
496
126'26
United Midwest Savings Bank National Association default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
61242.1%
43937.2%
26952.2%
25127.4%
21935.8%
17014.8%
13540.0%
12634.3%
12339.0%
12031.0%
Portfolio summary
Total funded$895.2M
Defaults478 of 4,281
Risk tierCRITICAL
Avg rate8.18%
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%).