Of 1,222 loans approved in fiscal 2000 to 2021 (at least five years old), 313 (25.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Book Stores appears on 1,244 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $152.4 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.
Book StoresIndustry NAICS 451211 · 1,244 loans
26%of seasoned loans charged off
Book Stores appears on 1,244 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $152.4 million in gross approvals.
Of 1,222 loans approved in fiscal 2000 to 2021 (at least five years old), 313 (25.6%) 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
68
$9.9 million
57
11
0
16.2%
FY2001
74
$9.2 million
52
22
0
29.7%
FY2002
70
$6.8 million
51
19
0
27.1%
FY2003
105
$12.3 million
76
29
0
27.6%
FY2004
112
$11.8 million
87
24
1
21.4%
FY2005
138
$9.0 million
86
52
0
37.7%
FY2006
124
$11.0 million
69
55
0
44.4%
FY2007
116
$7.9 million
71
45
0
38.8%
FY2008
76
$6.1 million
51
24
1
31.6%
FY2009
47
$4.1 million
41
6
0
12.8%
FY2010
39
$3.0 million
34
5
0
12.8%
FY2011
26
$7.0 million
25
1
0
3.8%
FY2012
24
$2.0 million
22
2
0
8.3%
FY2013
22
$1.9 million
21
1
0
4.5%
FY2014
20
$4.0 million
18
2
0
10.0%
FY2015
25
$3.7 million
20
5
0
20.0%
FY2016
28
$7.3 million
25
3
0
10.7%
FY2017
33
$8.3 million
27
3
3
9.1%
FY2018
22
$4.3 million
16
2
4
9.1%
FY2019
14
$2.4 million
8
2
4
14.3%
FY2020
19
$3.2 million
13
0
6
0.0%
FY2021
20
$8.2 million
12
0
8
0.0%
FY2022
15
$4.7 million
3
1
11
too recent for a share
FY2023
4
$4.3 million
1
0
3
too recent for a share
FY2024
1
$25,000
0
0
1
too recent for a share
FY2025
1
$25,000
0
0
1
too recent for a share
FY2026
1
$54,000
0
0
1
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
California
113
29
25.7%
New York
89
23
25.8%
Texas
77
27
35.1%
Pennsylvania
50
14
28.0%
Ohio
49
7
14.3%
Illinois
47
11
23.4%
Indiana
41
8
19.5%
North Carolina
39
11
28.2%
Puerto Rico
33
7
21.2%
Michigan
33
7
21.2%
Massachusetts
32
6
18.8%
Georgia
31
9
29.0%
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.