UB
SBA 7(a) franchise lending portfolio
Uwharrie Bank
CRITICAL risk
- Total loans
- 17
- Loan volume
- $8.2M
- Avg loan size
- $482K
- Charge-off rate
- 27.3%
- vs 15.4% national avg
Defaults
3
Avg interest
6.71%
Franchises funded
15
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Gold's Gym | 2 | $576K | 0.0% (low risk) |
| D1T raining | 2 | $1.3M | 0.0% (low risk) |
| Quiznos | 1 | $87K | 0.0% (low risk) |
| Sylvan Learning Center | 1 | $150K | 0.0% (low risk) |
| Primrose School (daycare) | 1 | $40K | 0.0% (low risk) |
| The Lash Lounge | 1 | $274K | N/A |
| Clean Juice | 1 | $372K | 100.0% (very high risk) |
| CertaPro Painters | 1 | $655K | 0.0% (low risk) |
| Zaxby's | 1 | $320K | 0.0% (low risk) |
| LSAA, LLC - Complete Contract | 1 | $1.8M | N/A |
| RockBox Fitness | 1 | $216K | N/A |
| The Exercise Coach | 1 | $176K | N/A |
| Pirtek | 1 | $200K | 100.0% (very high risk) |
| Spavia | 1 | $536K | N/A |
| Launch Trampoline Park | 1 | $1.5M | 100.0% (very high risk) |
Lending volume by year
1'03
1'04
2'07
1'08
1'15
1'18
3'19
6'20
1'22
Geographic exposure
914.3% (elevated risk)
2100.0% (very high risk)
20.0% (low risk)
1N/A
10.0% (low risk)
1N/A
1N/A
Portfolio summary
Total funded$8.2M
Defaults3 of 17
Risk tierCRITICAL
Avg rate6.71%
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 Uwharrie Bank originated?
- 17 loans totaling $8.2M. The portfolio carries a 27.3% 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 Uwharrie Bank fund the most?
- The “Top franchise exposures” table above lists the brands Uwharrie 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.