SBA 7(a)/504 FOIA · FY1991–PRESENT · IOWA
Ben Franklin Store franchise in Iowa: what the public record shows
Franchisees of Ben Franklin Store in Iowa have taken 12 SBA loans since 1991 (average $142,408), and of the 10 loans whose story has ended, 30.0% were charged off — versus 25.0% for Ben Franklin Store nationally and 14.8% across all rateable franchise brands.
Loans in IA
12
Resolved
10
Local charge-off
30.0%
National charge-off
25.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IA. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
| System | Loans in IA | Local charge-off | Units in IA |
|---|---|---|---|
| Play It Again Sports | 11 | 0.0% | — |
| THE UPS STORE NON-TRADITIONAL | 6 | thin | 21 |
| Winestyles | 5 | thin | — |
Same sector, same state, same public records — how Ben Franklin Store compares to the systems a buyer in Iowa would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Ben Franklin Store's numbers, including talking you out of a bad deal.