Of 2,012 loans approved in fiscal 2000 to 2021 (at least five years old), 259 (12.9%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Barber Shops appears on 2,660 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $380.7 million in gross approvals. These are loans, not a rating.
Not financial, legal or franchise advice. This page reports what the SBA's loan file records for SBA-guaranteed loans. A charge-off rate is not a rating of a brand or an industry, it does not predict a new loan, and a franchisee's loan is not a measure of the franchisor. Read the franchise's disclosure document and talk to a lender or an adviser before you borrow.
Barber ShopsIndustry NAICS 812111 · 2,660 loans
13%of seasoned loans charged off
Barber Shops appears on 2,660 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $380.7 million in gross approvals.
Of 2,012 loans approved in fiscal 2000 to 2021 (at least five years old), 259 (12.9%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years.
A charge-off is a loan the lender wrote off. It is not a statement about the borrower, the brand or the franchisor, and it does not predict how a new loan will turn out.
share of this group's loans charged off, by approval year (years with 10+ loans)all 7(a) loans, same year
Every approval year
Approval year
Loans
Approved
Paid in full
Charged off
Not yet resolved
Charged-off share
FY2000
5
$557,000
5
0
0
few loans
FY2001
35
$2.9 million
28
7
0
20.0%
FY2002
41
$3.7 million
36
4
1
9.8%
FY2003
82
$6.1 million
71
10
1
12.2%
FY2004
102
$8.9 million
86
16
0
15.7%
FY2005
120
$8.6 million
91
27
2
22.5%
FY2006
133
$10.6 million
97
36
0
27.1%
FY2007
154
$11.9 million
96
58
0
37.7%
FY2008
137
$14.2 million
110
26
1
19.0%
FY2009
60
$6.4 million
56
4
0
6.7%
FY2010
76
$10.1 million
68
6
2
7.9%
FY2011
79
$11.5 million
76
3
0
3.8%
FY2012
104
$15.6 million
101
3
0
2.9%
FY2013
104
$19.9 million
101
3
0
2.9%
FY2014
85
$10.9 million
76
4
5
4.7%
FY2015
126
$17.3 million
107
14
5
11.1%
FY2016
105
$14.5 million
90
7
8
6.7%
FY2017
119
$16.6 million
94
11
14
9.2%
FY2018
113
$21.5 million
72
9
32
8.0%
FY2019
98
$20.0 million
57
8
33
8.2%
FY2020
68
$13.7 million
42
2
24
2.9%
FY2021
66
$20.5 million
28
1
37
1.5%
FY2022
92
$17.3 million
22
4
66
too recent for a share
FY2023
131
$17.6 million
19
9
103
too recent for a share
FY2024
147
$18.1 million
16
6
125
too recent for a share
FY2025
185
$38.2 million
6
1
178
too recent for a share
FY2026
93
$23.6 million
1
0
92
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2000 to 2021)
Charged off
Share
Texas
247
28
11.3%
California
134
21
15.7%
Ohio
126
5
4.0%
New York
107
21
19.6%
Florida
103
23
22.3%
Massachusetts
100
12
12.0%
Illinois
83
5
6.0%
Georgia
75
19
25.3%
Wisconsin
60
4
6.7%
Pennsylvania
58
7
12.1%
North Carolina
58
14
24.1%
Indiana
53
10
18.9%
US Small Business Administration, 7(a) FOIA loan data as of 30 September 2026. SBA-guaranteed 7(a) loans only, aggregated; no borrower or lender is shown. SBA open data.