CP
SBA 7(a) franchise lending portfolio
Central Pacific Bank
AVERAGE risk
- Total loans
- 40
- Loan volume
- $3.9M
- Avg loan size
- $97K
- Charge-off rate
- 10.5%
- vs 15.4% national avg
Defaults
4
Avg interest
7.35%
Franchises funded
23
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 11 | $1.5M | 9.1% (moderate risk) |
| Servpro | 3 | $400K | 0.0% (low risk) |
| Curves For Women | 2 | $109K | 0.0% (low risk) |
| Pretzelmaker | 2 | $200K | 0.0% (low risk) |
| Tutor Doctor | 2 | $90K | 0.0% (low risk) |
| Russo's New York Pizzeria | 2 | $100K | 50.0% (very high risk) |
| Kumon | 2 | $50K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $100K | 0.0% (low risk) |
| Golf Etc. | 1 | $100K | N/A |
| Texaco Express Lube & Star Lub | 1 | $160K | 0.0% (low risk) |
| Quiznos | 1 | $130K | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 1 | $140K | 100.0% (very high risk) |
| Temporary Franchises | 1 | $105K | 100.0% (very high risk) |
| Woody's Hog Dogs | 1 | $55K | 0.0% (low risk) |
| Ben & Jerry's Ice Cream | 1 | $300K | 0.0% (low risk) |
| Teddy's Bigger Burgers | 1 | $50K | 0.0% (low risk) |
| Gymboree Play & Music | 1 | $50K | N/A |
| Teddy's Bigger Burgers | 1 | $60K | 0.0% (low risk) |
| Baskin-Robbins 31 Ice Cream | 1 | $25K | 0.0% (low risk) |
| The Glass Guru | 1 | $50K | 0.0% (low risk) |
Lending volume by year
1'95
1'96
1'98
1'00
3'01
1'02
2'03
3'04
4'05
2'06
2'10
1'12
1'14
4'15
3'16
4'18
1'19
3'20
1'21
1'22
Central Pacific Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
4010.5% (elevated risk)
Portfolio summary
Total funded$3.9M
Defaults4 of 40
Risk tierAVERAGE
Avg rate7.35%
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 Pacific Bank originated?
- 40 loans totaling $3.9M. The portfolio carries a 10.5% charge-off rate, earning a “AVERAGE” 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 Pacific Bank fund the most?
- The “Top franchise exposures” table above lists the brands Central Pacific 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.