UniBank: SBA Lending Record

Holdings listed against UniBank

In SBA's public file, UniBank stands as present or last holder of 253 loans approved from FY2017 through FY2026, with $273.3 million in gross dollars. All of them sit under 7(a), and the 504 side shows 0. What follows restates SBA's account. It does not say how UniBank decides on credit and cannot tell a borrower what the bank asks for.

Fuel stops lead a short classed list

124 of the 253 loans fit no class of ours. Of the classed loans, gas station and truck stop has 34, limited-service restaurant 31, full-service restaurant 24, hotel and motel 19 and grocery store 10. Here fuel, quick-service food, lodging and grocery make up the whole classed record. Fuel and lodging projects depend on the road: a study counts passing vehicles, weighs competing sites and prices a visible parcel. A grocery project is judged on the draw of its trade area against rival stores and on the margin left after wages and rent.

Washington first, then a spread across the country

Washington holds 136 loans. Texas has 19, California 16, Georgia 15, Oregon 9, Florida 7 and Alabama 5. The printed list reaches further still. By count the file is concentrated in one state and thin elsewhere, so a Washington borrower finds a deep record, and a borrower in a state with a handful of loans finds little to compare.

A low cancellation share, and no charge-off rate

UniBank shows 4.3% of its FY2017 to FY2024 approvals cancelled, a floor, and the ceiling does not move from 4.3%. The charge-off rate is not printed: Under Loan Analytics' own rule it is withheld, so the page says nothing about how disbursed loans have fared, and a blank must not be read as nil. A low cancellation share shows that most approvals went on to disburse. It does not show how those loans later performed, which is the question a charge-off rate would answer.

Putting the record beside a study

A holder's SBA record is background for choosing whom to approach. The project itself is what a credit reader examines: customer demand around the site, the cost of land, building and equipment, whether income meets the payment when sales dip, and what an appraiser can support. A feasibility study assembles all four. Counts of earlier loans, favourable or not, give no promise about a new request.