![Central Bank & Trust Co. logo](https://cdn.brandfetch.io/centralbankandtrustco.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Central Bank & Trust Co.
AVERAGE risk
- Total loans
- 19
- Loan volume
- $4.2M
- Avg loan size
- $223K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
2
Avg interest
5.08%
Franchises funded
17
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 2 | $406K | 0.0% |
| Jimmy John's | 2 | $739K | 0.0% |
| Play It Again Sports (retail S | 1 | $50K | 0.0% |
| Buffalo Wings & Rings | 1 | $80K | 100.0% |
| Cookies By Design | 1 | $90K | 0.0% |
| Bruster's | 1 | $176K | 0.0% |
| Massage Envy | 1 | $234K | 0.0% |
| Grow Biz International, Inc. | 1 | $120K | 0.0% |
| Vr Business Brokers | 1 | $50K | 0.0% |
| Great Harvest Bread Co. | 1 | $500K | 0.0% |
| Twirl Boutique | 1 | $70K | 0.0% |
| Laptopxchange | 1 | $128K | 0.0% |
| AAMCO Transmissions | 1 | $182K | 100.0% |
| Snap Fitness | 1 | $360K | 0.0% |
| Uncle Maddio's Pizza Joint | 1 | $537K | 0.0% |
| Marco's Pizza | 1 | $163K | 0.0% |
| Jimmy John's | 1 | $360K | — |
Lending volume by year
1'92
1'98
1'99
2'00
1'02
1'03
1'04
1'06
2'09
3'10
1'11
1'12
1'13
1'16
1'21
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default 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%), Critical (>20%).