Question 1

How many SBA 7(a) franchise loans has Centennial Bank originated?

Accepted Answer

Centennial Bank has originated 135 SBA 7(a) franchise loans totaling $49.0M. The portfolio's charge-off rate is 12.0%, which earns a "AVERAGE" risk rating per our methodology (Excellent <5% / Good 5-10% / Average 10-15% / Elevated 15-20% / High Risk >20%).

Question 2

What is the charge-off rate and why does it matter?

Accepted Answer

A charge-off is a loan the lender has written off as a loss after the borrower stopped paying. 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. Centennial Bank's rate of 12.0% is near the national average.

Question 3

Where does this lending data come from?

Accepted Answer

SBA 7(a) loan records released under the Freedom of Information Act. Each record includes approval date, amount, lender, borrower business type, NAICS code, location, and outcome (paid-in-full, charged-off, active). We match each franchise loan to a brand using normalized name matching. Methodology details at /methodology.

Question 4

Which franchise brands does Centennial Bank fund the most?

Accepted Answer

The "Top franchise exposures" table on this page lists the brands Centennial Bank has the largest concentration in by loan count. Click any brand to see its full FDD-disclosed financials, growth trajectory, and brand-specific SBA loan performance across all lenders.

Franchise	Loans	Volume	Default %
Curves For Women	7	$1.1M	71.4% (very high risk)
Subway Sandwich Shop	5	$533K	0.0% (low risk)
Sears Catalog Store	4	$250K	0.0% (low risk)
Tropical Smoothie	3	$477K	0.0% (low risk)
Dickey's Barbeque	2	$1.3M	0.0% (low risk)
Doubledave's Pizzaworks	2	$300K	0.0% (low risk)
Merle Norman Cosmetics	2	$267K	0.0% (low risk)
Sola Salons	2	$755K	0.0% (low risk)
Frullati Cafe	2	$220K	0.0% (low risk)
Dairy Queen	2	$1.4M	0.0% (low risk)
Firehouse Subs	2	$300K	0.0% (low risk)
Jimmy John's	2	$799K	0.0% (low risk)
Clean Juice	2	$569K	0.0% (low risk)
A Suite Salon	2	$1.1M	0.0% (low risk)
Red Mango Frozen Yogurt	2	$160K	0.0% (low risk)
Moe's Southwest Grill	2	$783K	100.0% (very high risk)
Edible Arrangements	2	$130K	0.0% (low risk)
Orange Theory Fitness	2	$692K	0.0% (low risk)
Spray Net	2	$281K	N/A
Radiant Waxing	2	$1.2M	N/A

Centennial Bank

Top franchise exposures

Lending volume by year

Geographic exposure

Portfolio summary

Frequently asked questions