CB
SBA 7(a) franchise lending portfolio
Central Bank
Risk rating: Good
- Total loans
- 99
- Loan volume
- $34.9M
- Avg loan size
- $352K
- Charge-off rate
- 6.9%
- vs 16.0% national
Charged off
4
Avg interest
7.52%
Franchises funded
73
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Fastsigns | 4 | $1.4M | N/A |
| Race Trac | 4 | $2.4M | N/A |
| Gandolfo's New York Delicatess | 3 | $252K | N/A |
| Ogden's Carpet Outlet | 3 | $410K | N/A |
| Jersey Mike's | 3 | $1.2M | N/A |
| The Yard Milkshake Bar | 3 | $775K | N/A |
| Dairy Queen | 2 | $530K | N/A |
| Cold Stone Creamery, Inc. | 2 | $523K | N/A |
| Matco Tools | 2 | $77K | N/A |
| Dripbar | 2 | $356K | N/A |
| Uncle Sharkii Poke Bar | 2 | $649K | N/A |
| Raining Berries | 2 | $817K | N/A |
| Moe's Southwest Grill | 2 | $1.9M | N/A |
| Conserva Irrigation | 2 | $460K | N/A |
| Painter1 | 2 | $632K | N/A |
| Pier 49 Pizza | 2 | $313K | N/A |
| Hotworx | 2 | $433K | N/A |
| Renew Medic | 2 | $590K | N/A |
| Blimpie | 1 | $141K | N/A |
| Culligan Soft Water Service | 1 | $250K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 2 |
| FY1995 | 2 |
| FY1996 | 2 |
| FY2001 | 4 |
| FY2002 | 3 |
| FY2003 | 3 |
| FY2004 | 3 |
| FY2005 | 2 |
| FY2006 | 1 |
| FY2007 | 1 |
| FY2010 | 1 |
| FY2011 | 2 |
| FY2014 | 3 |
| FY2015 | 1 |
| FY2017 | 3 |
| FY2018 | 2 |
| FY2019 | 1 |
| FY2020 | 8 |
| FY2021 | 17 |
| FY2022 | 13 |
| FY2023 | 10 |
| FY2024 | 6 |
| FY2025 | 5 |
| FY2026 | 4 |
SBA 7(a) · charge-off rate by approval year
Central Bank charge-off rate by loan vintage
Only 1 of these 10 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 |
|---|---|---|---|
| 2001 | 4 | 0 | Too few |
| 2002 | 3 | 1 | Too few |
| 2003 | 3 | 0 | Too few |
| 2004 | 3 | 0 | Too few |
| 2014 | 3 | 1 | Too few |
| 2017 | 3 | 0 | Too few |
| 2020 | 6 | 1 | Too early |
| 2021 | 10 | 0 | 0.0% |
| 2022 | 3 | 0 | Too early |
| 2023 | 3 | 0 | Too early |
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
507.1% (good)
268.3% (good)
6N/A
5N/A
5N/A
2N/A
1N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$34.9M
Charged off4 of 99
Risk tierGood
Avg rate7.52%
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 Central Bank originated?
- 99 loans totaling $34.9M. The portfolio carries a 6.9% charge-off rate, earning a “Good” 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. Central Bank's rate of 6.9% 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 Central Bank fund the most?
- The “Top franchise exposures” table above lists the brands Central 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.