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SBA 7(a) franchise lending portfolio
Central National Bank
AVERAGE risk
- Total loans
- 19
- Loan volume
- $3.3M
- Avg loan size
- $174K
- Default rate
- 12.5%
- vs 15.4% national avg
Defaults
2
Avg interest
6.11%
Franchises funded
15
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Nationwide Floor & Window Cove | 3 | $372K | 0.0% |
| Minuteman Press | 3 | $310K | 0.0% |
| Iga Food Stores | 1 | $728K | 0.0% |
| Radio Shack | 1 | $96K | 0.0% |
| Comfort Keepers | 1 | $50K | 0.0% |
| Pro Golf | 1 | $150K | 100.0% |
| Allstate Insurance | 1 | $20K | 0.0% |
| The Medicine Shoppe | 1 | $350K | 0.0% |
| Save-A-Lot Food Stores | 1 | $700K | 0.0% |
| Wheat State Pizza | 1 | $45K | 100.0% |
| Mode | 1 | $110K | — |
| Post Net | 1 | $45K | 0.0% |
| Camp Bow Wow | 1 | $150K | — |
| Snap-On | 1 | $35K | — |
| True Value Company LLC - Membe | 1 | $150K | 0.0% |
Lending volume by year
1'94
1'96
1'01
3'04
3'05
1'06
1'08
1'10
1'14
3'15
2'20
1'24
Geographic exposure
1912.5%
Portfolio summary
Total funded$3.3M
Defaults2 of 19
Risk tierAVERAGE
Avg rate6.11%
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%).