SBA 7(a) franchise lending portfolio
United Midwest Savings Bank National Association
- Total loans
- 4,281
- Loan volume
- $895.2M
- Avg loan size
- $209K
- Charge-off rate
- 36.5%
- vs 16.0% national
Charged off
478
Avg interest
8.18%
Franchises funded
581
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Naturals2Go | 237 | $30.4M | 10.2% (average) |
| The Grounds Guys | 184 | $27.8M | 52.6% (high risk) |
| Sam the Concrete Man | 93 | $13.6M | 33.3% (high risk) |
| Mr. Appliance | 85 | $12.4M | 62.2% (high risk) |
| 360 Painting | 83 | $12.2M | 46.2% (high risk) |
| Budget Blinds | 80 | $11.9M | 15.4% (elevated) |
| Property Management Inc. | 79 | $11.5M | 28.6% (high risk) |
| Rainbow International | 74 | $13.5M | 50.0% (high risk) |
| Ace Handyman Services | 68 | $10.7M | 20.0% (high risk) |
| Patrice & Associates | 65 | $8.8M | 44.4% (high risk) |
| Aire Serv | 63 | $13.6M | 72.7% (high risk) |
| Mr. Handyman | 62 | $9.2M | 29.4% (high risk) |
| Mr. Electric | 61 | $11.5M | 40.0% (high risk) |
| Window Genie | 60 | $9.0M | 70.0% (high risk) |
| Bio-One | 57 | $8.6M | 22.2% (high risk) |
| PuroClean | 46 | $9.1M | 10.0% (average) |
| Real Property Management | 45 | $6.6M | 30.0% (high risk) |
| College Hunks Hauling Junk | 44 | $6.8M | 56.2% (high risk) |
| Schooley Mitchell | 43 | $5.9M | 46.7% (high risk) |
| Two Maids & a Mop | 42 | $6.3M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2000 | 1 |
| FY2001 | 4 |
| FY2002 | 8 |
| FY2003 | 4 |
| FY2006 | 3 |
| FY2007 | 1 |
| FY2008 | 1 |
| FY2010 | 2 |
| FY2011 | 2 |
| FY2014 | 1 |
| FY2016 | 3 |
| FY2017 | 128 |
| FY2018 | 453 |
| FY2019 | 482 |
| FY2020 | 526 |
| FY2021 | 768 |
| FY2022 | 361 |
| FY2023 | 417 |
| FY2024 | 494 |
| FY2025 | 496 |
| FY2026 | 126 |
SBA 7(a) · charge-off rate by approval year
United Midwest Savings Bank National Association: above all franchise loans in each of the 8 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2001 | 4 | 0 | Too few |
| 2002 | 8 | 0 | Too few |
| 2003 | 4 | 1 | Too few |
| 2006 | 3 | 1 | Too few |
| 2016 | 3 | 0 | Too few |
| 2017 | 94 | 38 | 40.4% |
| 2018 | 257 | 111 | 43.2% |
| 2019 | 241 | 96 | 39.8% |
| 2020 | 238 | 94 | 39.5% |
| 2021 | 275 | 89 | 32.4% |
| 2022 | 94 | 25 | 26.6% |
| 2023 | 53 | 19 | 35.8% |
| 2024 | 24 | 1 | 4.2% |
| 2025 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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 Midwest Savings Bank National Association originated?
- 4,281 loans totaling $895.2M. The portfolio carries a 36.5% charge-off rate, earning a “High Risk” 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 Midwest Savings Bank National Association's rate of 36.5% is above 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 Midwest Savings Bank National Association fund the most?
- The “Top franchise exposures” table above lists the brands United Midwest Savings Bank National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.