CC
SBA 504 certified development company
Cen-Tex Certified Development
- Total loans
- 28
- Loan volume
- $26.9M
- Avg loan size
- $962K
- Charge-off rate
- 20.0%
- vs 13.3% national avg
Defaults
4
Franchises funded
19
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sonic | 3 | $805K | 0.0% (low risk) |
| Best Western Inn | 3 | $3.5M | 33.3% (very high risk) |
| Holiday Inn Express | 3 | $6.1M | 100.0% (very high risk) |
| Schlotzsky's Sandwich Shop | 2 | $742K | 0.0% (low risk) |
| Bush's Chicken | 2 | $1.1M | 0.0% (low risk) |
| Temporary Franchises | 2 | $616K | N/A |
| Comet One-Hour Dry Cleaners | 1 | $131K | 0.0% (low risk) |
| Texaco Service Station | 1 | $248K | 0.0% (low risk) |
| Goddard Early Learning Center | 1 | $1.1M | 0.0% (low risk) |
| Country Inn | 1 | $1.0M | 0.0% (low risk) |
| World Gym & Fitness Center | 1 | $329K | 100.0% (very high risk) |
| Travelodge | 1 | $1.2M | 0.0% (low risk) |
| Ramada Inn | 1 | $618K | 0.0% (low risk) |
| Passport Inn & Suites | 1 | $608K | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 1 | $1.3M | 0.0% (low risk) |
| Hurricane Grill | 1 | $133K | N/A |
| Tru by Hilton | 1 | $3.3M | N/A |
| Days Inn | 1 | $726K | 100.0% (very high risk) |
| Wingate by Wyndham | 1 | $3.4M | N/A |
Lending volume by year
1'93
1'94
2'97
3'98
1'99
1'00
1'02
1'04
3'07
3'10
5'11
2'12
2'14
1'16
1'22
Geographic coverage
Texas
2820.0% (very high risk)
Portfolio summary
Total funded$26.9M
Defaults4 of 28
Risk tierCRITICAL
Source: SBA 504 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%).