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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Unity Bank

AVERAGE risk
Total loans
238
Loan volume
$136.1M
Avg loan size
$572K
Charge-off rate
12.1%
vs 15.4% national avg

Defaults

27

Avg interest

6.47%

Franchises funded

104

Risk rating

AVERAGE

Top franchise exposures

FranchiseLoansVolumeDefault %
Manhattan Bagel Co.23$2.8M9.1% (moderate risk)
Subway Sandwich Shop20$4.2M5.0% (moderate risk)
Dunkin Donuts18$12.0M11.1% (elevated risk)
Days Inn9$10.8M0.0% (low risk)
Super 8 Motel8$9.4M12.5% (elevated risk)
Quiznos6$1.1M16.7% (high risk)
Econo Lodge Motel5$6.2M0.0% (low risk)
Jersey Mike's (deli Restaurant5$947K0.0% (low risk)
Mobil Oil (stations)5$3.4M0.0% (low risk)
Edible Arrangements4$673K0.0% (low risk)
Carvel Ice Cream3$500K0.0% (low risk)
Cottman Transmission3$455K0.0% (low risk)
Amoco (gas Station)3$1.5M0.0% (low risk)
Holiday Inn3$3.9M0.0% (low risk)
Servpro3$310K0.0% (low risk)
Ramada Inn3$2.7M66.7% (very high risk)
Mail Boxes Etc. Usa3$548K0.0% (low risk)
Retro Fitness3$3.1M0.0% (low risk)
K-9 Resorts Daycare & Luxury H3$8.5M0.0% (low risk)
Comfort Inn2$1.9M0.0% (low risk)

Unity Bank charge-off rate by loan vintage

BrandNational avg
Unity Bank charge-off rate by loan vintage. Showing 21 vintages from 1994 to 2021. Rates range from 0.0% to 50.0%.0%5%10%15%20%25%30%35%40%45%50%'94'99'04'10'21

Geographic exposure

1148.6% (moderate risk)
3816.7% (high risk)
287.4% (moderate risk)
80.0% (low risk)
70.0% (low risk)
520.0% (very high risk)
333.3% (very high risk)
30.0% (low risk)
30.0% (low risk)
366.7% (very high risk)

Portfolio summary

Total funded$136.1M
Defaults27 of 238
Risk tierAVERAGE
Avg rate6.47%

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). 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 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.