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SBA 7(a) franchise lending
Utah
UT
- Total loans
- 1,748
- Loan volume
- $791.7M
- Default rate
- 11.3%
- Jobs created
- 24,096
Defaults
141
Avg interest
7.23%
Job velocity
3.0
per $100K loaned
Franchises active
780
Highest default rates in Utah
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Matco Tools (rent Tools) | 6 | 66.7% | 34.8% |
| Edible Arrangements | 8 | 62.5% | 14.1% |
| Dairy Queen | 8 | 50.0% | 10.7% |
| Schlotzsky's Sandwich Shop | 5 | 40.0% | 21.3% |
| Arby's | 5 | 40.0% | 19.1% |
| Quiznos | 18 | 38.9% | 28.1% |
| Taco Del Mar | 8 | 37.5% | 42.2% |
| Chem-Dry | 9 | 33.3% | 29.4% |
| Taco Maker | 9 | 33.3% | 30.9% |
| Kid To Kid | 10 | 30.0% | 17.9% |
Lowest default rates in Utah
| Franchise | Loans | Default % |
|---|---|---|
| Papa Murphy's Take & Bake Pizz | 17 | 0.0% |
| Alphagraphics, Printshops Of T | 7 | 0.0% |
| Pier 49 Pizza | 7 | 0.0% |
| Golden Corral (restaurant) | 5 | 0.0% |
| Subway Sandwich Shop | 34 | 0.0% |
| Servpro | 6 | 0.0% |
| Ogden's Carpet Outlet | 6 | 0.0% |
| Domino's Pizza | 5 | 0.0% |
| Great Harvest Bread Co. | 5 | 0.0% |
| Cold Stone Creamery, Inc. | 8 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 141 | $21.7M | 19.9% | |
| Limited-Service Restaurants722513 | 134 | $64.0M | 5.1% | |
| Fitness & Recreational Sports713940 | 92 | $29.4M | 11.1% | |
| Hotels & Motels721110 | 83 | $182.1M | 1.5% | |
| Snack & Beverage Bars722515 | 79 | $29.1M | 7.1% | |
| Beauty Salons812112 | 53 | $13.9M | 6.7% | |
| Full-Service Restaurants722511 | 47 | $28.0M | 6.9% | |
| Other Personal Care Services812199 | 45 | $15.0M | 20.8% | |
| Full-Service Restaurants722110 | 42 | $9.0M | 19.0% | |
| Assisted Living for Elderly623312 | 38 | $61.6M | 3.4% |
Franchise lending volume by year
9'92
5
7
25
19
27'97
15
26
31
31
43'02
44
67
68
18
30'07
39
26
32
49
36'12
44
57
72
92
77'17
102
86
67
105
80'22
122
77
90
30'26
Utah default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
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. Job velocity = jobs created per $100K loaned.