SBA 7(a)/504 FOIA · FY1991–PRESENT · IOWA
Napa Auto Parts franchise in Iowa: what the public record shows
Franchisees of Napa Auto Parts in Iowa have taken 12 SBA loans since 1991 (average $221,666), and of the 12 loans whose story has ended, 8.3% were charged off — versus 7.4% for Napa Auto Parts nationally and 14.8% across all rateable franchise brands.
Loans in IA
12
Resolved
12
Local charge-off
8.3%
National charge-off
7.4%
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.
Businesses in this industry
1,322
statewide, all operators
Per 100k residents
40.8
national 30.2
Versus the country
+35%
denser
Every business in Napa Auto Parts's industry operating in Iowa — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in IA | Local charge-off | Units in IA |
|---|---|---|---|
| Cottman Transmission | 5 | thin | — |
| LINE-X | 5 | thin | 3 |
Same sector, same state, same public records — how Napa Auto Parts 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. An independent CPA is paid by you — and the job is pressure-testing Napa Auto Parts's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →