CB
SBA 7(a) franchise lending portfolio
Centennial Bank
Risk rating: Average
- Total loans
- 135
- Loan volume
- $49.0M
- Avg loan size
- $363K
- Charge-off rate
- 12.0%
- vs 16.0% national
Charged off
13
Avg interest
6.57%
Franchises funded
104
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Curves For Women | 7 | $1.1M | N/A |
| Subway Sandwich Shop | 5 | $533K | N/A |
| Sears Catalog Store | 4 | $250K | N/A |
| Tropical Smoothie | 3 | $477K | N/A |
| Dickey's Barbeque | 2 | $1.3M | N/A |
| Doubledave's Pizzaworks | 2 | $300K | N/A |
| Merle Norman Cosmetics | 2 | $267K | N/A |
| Sola Salons | 2 | $755K | N/A |
| Frullati Cafe | 2 | $220K | N/A |
| Dairy Queen | 2 | $1.4M | N/A |
| Firehouse Subs | 2 | $300K | N/A |
| Jimmy John's | 2 | $799K | N/A |
| Clean Juice | 2 | $569K | N/A |
| A Suite Salon | 2 | $1.1M | N/A |
| Red Mango Frozen Yogurt | 2 | $160K | N/A |
| Moe's Southwest Grill | 2 | $783K | N/A |
| Edible Arrangements | 2 | $130K | N/A |
| Orange Theory Fitness | 2 | $692K | N/A |
| Spray Net | 2 | $281K | N/A |
| Radiant Waxing | 2 | $1.2M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1993 | 1 |
| FY1995 | 1 |
| FY1996 | 2 |
| FY1997 | 1 |
| FY1998 | 3 |
| FY1999 | 4 |
| FY2000 | 4 |
| FY2001 | 3 |
| FY2002 | 9 |
| FY2003 | 1 |
| FY2004 | 2 |
| FY2005 | 4 |
| FY2006 | 5 |
| FY2007 | 5 |
| FY2008 | 8 |
| FY2009 | 7 |
| FY2010 | 14 |
| FY2013 | 8 |
| FY2014 | 8 |
| FY2015 | 5 |
| FY2016 | 4 |
| FY2017 | 4 |
| FY2018 | 5 |
| FY2019 | 2 |
| FY2021 | 8 |
| FY2022 | 5 |
| FY2023 | 4 |
| FY2024 | 5 |
| FY2025 | 3 |
SBA 7(a) · charge-off rate by approval year
Centennial Bank charge-off rate by loan vintage
Only 1 of these 16 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1998 | 3 | 0 | Too few |
| 1999 | 4 | 0 | Too few |
| 2000 | 4 | 0 | Too few |
| 2001 | 3 | 0 | Too few |
| 2002 | 9 | 1 | Too few |
| 2005 | 4 | 1 | Too few |
| 2006 | 5 | 0 | Too few |
| 2007 | 5 | 1 | Too few |
| 2008 | 8 | 5 | Too few |
| 2009 | 7 | 0 | Too few |
| 2010 | 14 | 0 | 0.0% |
| 2013 | 8 | 2 | Too few |
| 2014 | 8 | 1 | Too few |
| 2015 | 4 | 1 | Too few |
| 2016 | 4 | 0 | Too few |
| 2018 | 3 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
5510.0% (average)
3910.3% (average)
326.7% (good)
2N/A
1N/A
1N/A
1N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$49.0M
Charged off13 of 135
Risk tierAverage
Avg rate6.57%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), High Risk (>20%).
Frequently asked questions
- How many SBA 7(a) franchise loans has Centennial Bank originated?
- 135 loans totaling $49.0M. The portfolio carries a 12.0% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Centennial Bank's rate of 12.0% is below the national rate.
- Where does this lending data come from?
- SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
- Which franchise brands does Centennial Bank fund the most?
- The “Top franchise exposures” table above lists the brands Centennial Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.