CO
SBA 7(a) franchise lending portfolio
CenterBank of Jacksonville, N.A.
CRITICAL risk
- Total loans
- 10
- Loan volume
- $880K
- Avg loan size
- $88K
- Charge-off rate
- 50.0%
- vs 15.4% national avg
Defaults
5
Avg interest
N/A
Franchises funded
8
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Larry's Giant Subs | 3 | $200K | 100.0% (very high risk) |
| Juan's Mexicali | 1 | $125K | 100.0% (very high risk) |
| Bevintel (f/K/A Bevinco) | 1 | $47K | 0.0% (low risk) |
| Bath Junkie | 1 | $65K | 0.0% (low risk) |
| Mail & More | 1 | $123K | 0.0% (low risk) |
| Tropical Smoothie | 1 | $150K | 0.0% (low risk) |
| Maids (the) | 1 | $95K | 0.0% (low risk) |
| Goin' Postal | 1 | $75K | 100.0% (very high risk) |
Lending volume by year
1'02
2'03
3'04
2'05
2'06
Geographic exposure
1050.0% (very high risk)
Portfolio summary
Total funded$880K
Defaults5 of 10
Risk tierCRITICAL
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 CenterBank of Jacksonville, N.A. originated?
- 10 loans totaling $0.9M. The portfolio carries a 50.0% charge-off rate, earning a “CRITICAL” risk rating.
- What is the charge-off rate and why does it matter?
- 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.
- 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 CenterBank of Jacksonville, N.A. fund the most?
- The “Top franchise exposures” table above lists the brands CenterBank of Jacksonville, N.A. has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.