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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Central Bank

GOOD risk
Total loans
99
Loan volume
$34.9M
Avg loan size
$352K
Charge-off rate
6.9%
vs 15.4% national avg

Defaults

4

Avg interest

7.52%

Franchises funded

73

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Fastsigns4$1.4MN/A
Race Trac4$2.4M0.0% (low risk)
Gandolfo's New York Delicatess3$252K0.0% (low risk)
Ogden's Carpet Outlet3$410K0.0% (low risk)
Jersey Mike's3$1.2M0.0% (low risk)
The Yard Milkshake Bar3$775KN/A
Dairy Queen2$530K0.0% (low risk)
Cold Stone Creamery, Inc.2$523K0.0% (low risk)
Matco Tools2$77K50.0% (very high risk)
Dripbar2$356KN/A
Uncle Sharkii Poke Bar2$649KN/A
Raining Berries2$817K0.0% (low risk)
Moe's Southwest Grill2$1.9M0.0% (low risk)
Conserva Irrigation2$460KN/A
Painter12$632KN/A
Pier 49 Pizza2$313K0.0% (low risk)
Hotworx2$433K0.0% (low risk)
Renew Medic2$590KN/A
Blimpie1$141K0.0% (low risk)
Culligan Soft Water Service1$250K0.0% (low risk)

Central Bank charge-off rate by loan vintage

BrandNational avg
Central Bank charge-off rate by loan vintage. Showing 10 vintages from 2001 to 2023. Rates range from 0.0% to 33.3%.0%5%10%15%20%25%30%35%'01'03'14'20'22'23

Geographic exposure

507.1% (moderate risk)
268.3% (moderate risk)
60.0% (low risk)
50.0% (low risk)
520.0% (very high risk)
20.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)

Portfolio summary

Total funded$34.9M
Defaults4 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). 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 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.