SBA lender · 7(a) program
CenTrust Bank, A Division of SmartBiz Bank
CenTrust Bank, A Division of SmartBiz Bank has approved 1,345 SBA loans worth $446.1M since FY2010 - the #217 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#217
0.09% of all SBA dollars
Total approved
$446.1M
FY2010 onward
Loans
1,345
Median loan
$150,000
-17% vs national
Median rate
11.25%
+4.50 pts vs national
Charge-off rate
6.0%
67 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What CenTrust Bank, A Division of SmartBiz Bank’s numbers say
CenTrust Bank, A Division of SmartBiz Bank sits in the long tail of the SBA lending field, having approved 1,345 loans for a gross total of $446.1M since fiscal 2010. Its median loan of $150,000 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 11.25%, 4.50 points above the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 6.0% were charged off, 1.6 points below the national figure of 7.6%. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 2% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a book weighted toward established operators.
Where CenTrust Bank, A Division of SmartBiz Bank lends
| State | Loans | Share |
|---|---|---|
| Illinois | 227 | |
| California | 188 | |
| Florida | 143 | |
| Texas | 106 | |
| New York | 78 | |
| Virginia | 39 | |
| Georgia | 37 | |
| North Carolina | 37 |
What it lends against
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Questions about CenTrust Bank, A Division of SmartBiz Bank
- How many SBA loans has CenTrust Bank, A Division of SmartBiz Bank approved?
- CenTrust Bank, A Division of SmartBiz Bank has approved 1,345 SBA loans totalling $446,129,600 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #217 among all SBA lenders by dollars approved.
- What is the typical CenTrust Bank, A Division of SmartBiz Bank SBA loan size?
- The median gross approval is $150,000, with the middle 80% of loans falling between $106,000 and $500,000. The national median across all SBA lenders is $180,000.
- What interest rate does CenTrust Bank, A Division of SmartBiz Bank charge on SBA 7(a) loans?
- The median initial note rate on CenTrust Bank, A Division of SmartBiz Bank's 7(a) approvals is 11.25%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is CenTrust Bank, A Division of SmartBiz Bank's SBA loan charge-off rate?
- 6.0% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
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