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FranchiseVerdict

SBA 7(a) franchise lending portfolio

CenTrust Bank, A Division of SmartBiz Bank National Associat

EXCELLENT risk
Total loans
40
Loan volume
$31.3M
Avg loan size
$781K
Charge-off rate
0.0%
vs 15.4% national avg

Defaults

0

Avg interest

9.44%

Franchises funded

33

Risk rating

EXCELLENT

Top franchise exposures

FranchiseLoansVolumeDefault %
Auntie Anne's3$1.8M0.0% (low risk)
Little Caesars3$2.6M0.0% (low risk)
Super 8 by Wyndhan2$4.2M0.0% (low risk)
Pure Barre2$441KN/A
Pet Supplies Plus2$275KN/A
Jump!Zone Party and Play Cente1$125K0.0% (low risk)
Sky High Sports1$2.1M0.0% (low risk)
Skyzone1$1.6M0.0% (low risk)
Urban Air Adventure Park1$1.4M0.0% (low risk)
Halsted Sreet Deli1$3.8MN/A
Subway1$150KN/A
Dunkin' Donut/Baskin-Robbins C1$2.1M0.0% (low risk)
Motel 61$1.5M0.0% (low risk)
Bar-B-Clean1$250KN/A
Alair Homes1$150KN/A
The Dog Stop1$731KN/A
Ductz1$150KN/A
Signarama1$497KN/A
Speed Queen1$2.6MN/A
ServiceMaster1$150KN/A

Geographic exposure

160.0% (low risk)
40.0% (low risk)
30.0% (low risk)
20.0% (low risk)
1N/A

Portfolio summary

Total funded$31.3M
Defaults0 of 40
Risk tierEXCELLENT
Avg rate9.44%

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 CenTrust Bank, A Division of SmartBiz Bank National Associat originated?
40 loans totaling $31.3M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 CenTrust Bank, A Division of SmartBiz Bank National Associat fund the most?
The “Top franchise exposures” table above lists the brands CenTrust Bank, A Division of SmartBiz Bank National Associat has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.