CS
SBA 7(a) franchise lending portfolio
Central State Bank
CRITICAL risk
- Total loans
- 22
- Loan volume
- $8.7M
- Avg loan size
- $397K
- Charge-off rate
- 31.3%
- vs 15.4% national avg
Defaults
5
Avg interest
6.44%
Franchises funded
14
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 5 | $763K | 0.0% (low risk) |
| Subway | 4 | $875K | 50.0% (very high risk) |
| Yogurt Mountain | 2 | $969K | N/A |
| Petro N' Provisions | 1 | $600K | 0.0% (low risk) |
| Dickey's Barbeque | 1 | $340K | 100.0% (very high risk) |
| Play It Again Sports (retail S | 1 | $210K | 0.0% (low risk) |
| NAPA Auto Parts | 1 | $225K | 0.0% (low risk) |
| Costa Vida Management | 1 | $534K | 100.0% (very high risk) |
| Healthsource Chiropractic | 1 | $105K | 100.0% (very high risk) |
| Anytime Fitness | 1 | $80K | 0.0% (low risk) |
| Innerlast | 1 | $94K | N/A |
| Primrose Schools | 1 | $3.3M | N/A |
| Fitness 1440 | 1 | $96K | N/A |
| Bella Bridesmaids | 1 | $510K | N/A |
Lending volume by year
1'96
1'08
1'09
3'10
2'11
4'12
3'14
1'16
2'21
2'22
1'23
1'24
Central State Bank charge-off rate by loan vintage
BrandNational avg
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 State Bank originated?
- 22 loans totaling $8.7M. The portfolio carries a 31.3% charge-off rate, earning a “CRITICAL” 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 State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Central State 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.