SBA 7(a) franchise lending portfolio
Unity Bank
- Total loans
- 238
- Loan volume
- $136.1M
- Avg loan size
- $572K
- Charge-off rate
- 12.1%
- vs 16.0% national
Charged off
27
Avg interest
6.47%
Franchises funded
104
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Manhattan Bagel Co. | 23 | $2.8M | 9.1% (good) |
| Subway Sandwich Shop | 20 | $4.2M | 5.0% (good) |
| Dunkin Donuts | 18 | $12.0M | 11.1% (average) |
| Days Inn | 9 | $10.8M | N/A |
| Super 8 Motel | 8 | $9.4M | N/A |
| Quiznos | 6 | $1.1M | N/A |
| Econo Lodge Motel | 5 | $6.2M | N/A |
| Jersey Mike's (deli Restaurant | 5 | $947K | N/A |
| Mobil Oil (stations) | 5 | $3.4M | N/A |
| Edible Arrangements | 4 | $673K | N/A |
| Carvel Ice Cream | 3 | $500K | N/A |
| Cottman Transmission | 3 | $455K | N/A |
| Amoco (gas Station) | 3 | $1.5M | N/A |
| Holiday Inn | 3 | $3.9M | N/A |
| Servpro | 3 | $310K | N/A |
| Ramada Inn | 3 | $2.7M | N/A |
| Mail Boxes Etc. Usa | 3 | $548K | N/A |
| Retro Fitness | 3 | $3.1M | N/A |
| K-9 Resorts Daycare & Luxury H | 3 | $8.5M | N/A |
| Comfort Inn | 2 | $1.9M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1993 | 2 |
| FY1994 | 6 |
| FY1995 | 13 |
| FY1996 | 9 |
| FY1997 | 3 |
| FY1998 | 5 |
| FY1999 | 3 |
| FY2000 | 15 |
| FY2001 | 10 |
| FY2002 | 15 |
| FY2003 | 23 |
| FY2004 | 16 |
| FY2005 | 32 |
| FY2006 | 11 |
| FY2007 | 7 |
| FY2008 | 23 |
| FY2009 | 2 |
| FY2010 | 3 |
| FY2011 | 1 |
| FY2012 | 3 |
| FY2014 | 4 |
| FY2015 | 1 |
| FY2016 | 4 |
| FY2017 | 8 |
| FY2018 | 4 |
| FY2019 | 2 |
| FY2020 | 2 |
| FY2021 | 7 |
| FY2023 | 1 |
| FY2024 | 1 |
| FY2025 | 1 |
SBA 7(a) · charge-off rate by approval year
Unity Bank: below all franchise loans in each of the 9 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 |
|---|---|---|---|
| 1994 | 6 | 1 | Too few |
| 1995 | 12 | 1 | 8.3% |
| 1996 | 9 | 0 | Too few |
| 1997 | 3 | 0 | Too few |
| 1998 | 5 | 1 | Too few |
| 1999 | 3 | 0 | Too few |
| 2000 | 15 | 0 | 0.0% |
| 2001 | 10 | 0 | 0.0% |
| 2002 | 15 | 1 | 6.7% |
| 2003 | 23 | 2 | 8.7% |
| 2004 | 16 | 3 | 18.8% |
| 2005 | 31 | 6 | 19.4% |
| 2006 | 10 | 0 | 0.0% |
| 2007 | 6 | 3 | Too few |
| 2008 | 23 | 7 | 30.4% |
| 2010 | 3 | 0 | Too few |
| 2012 | 3 | 0 | Too few |
| 2014 | 4 | 2 | Too few |
| 2016 | 4 | 0 | Too few |
| 2017 | 8 | 0 | Too few |
| 2021 | 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 Unity Bank originated?
- 238 loans totaling $136.1M. The portfolio carries a 12.1% 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. Unity Bank's rate of 12.1% 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 Unity Bank fund the most?
- The “Top franchise exposures” table above lists the brands Unity 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.