SBA loan outcome check · industry · SBA data as of 30 September 2026

How have SBA loans in Caterers turned out?

Of 3,764 loans approved in fiscal 2001 to 2021 (at least five years old), 703 (18.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Caterers appears on 4,555 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $1.3 billion 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.
CaterersIndustry NAICS 722320 · 4,555 loans
19%of seasoned loans charged off
  1. Caterers appears on 4,555 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $1.3 billion in gross approvals.
  2. Of 3,764 loans approved in fiscal 2001 to 2021 (at least five years old), 703 (18.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years.
  3. 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.
0%39%Fiscal 2001: 13 of 98 loans charged off (13.3%)Fiscal 2002: 23 of 143 loans charged off (16.1%)Fiscal 2003: 44 of 188 loans charged off (23.4%)Fiscal 2004: 49 of 249 loans charged off (19.7%)Fiscal 2005: 86 of 282 loans charged off (30.5%)Fiscal 2006: 103 of 302 loans charged off (34.1%)Fiscal 2007: 125 of 321 loans charged off (38.9%)Fiscal 2008: 95 of 249 loans charged off (38.2%)Fiscal 2009: 17 of 107 loans charged off (15.9%)Fiscal 2010: 7 of 92 loans charged off (7.6%)Fiscal 2011: 7 of 146 loans charged off (4.8%)Fiscal 2012: 5 of 112 loans charged off (4.5%)Fiscal 2013: 8 of 147 loans charged off (5.4%)Fiscal 2014: 16 of 166 loans charged off (9.6%)Fiscal 2015: 13 of 198 loans charged off (6.6%)Fiscal 2016: 18 of 191 loans charged off (9.4%)Fiscal 2017: 20 of 198 loans charged off (10.1%)Fiscal 2018: 26 of 205 loans charged off (12.7%)Fiscal 2019: 19 of 167 loans charged off (11.4%)Fiscal 2020: 4 of 115 loans charged off (3.5%)Fiscal 2021: 5 of 88 loans charged off (5.7%)20012003200520072009201120132015201720192021
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 yearLoansApprovedPaid in fullCharged offNot yet resolvedCharged-off share
FY200198$16.0 million8513013.3%
FY2002143$25.8 million11923116.1%
FY2003188$26.6 million14444023.4%
FY2004249$24.2 million20049019.7%
FY2005282$30.4 million19586130.5%
FY2006302$31.5 million197103234.1%
FY2007321$36.3 million195125138.9%
FY2008249$28.9 million15195338.2%
FY2009107$22.3 million8817215.9%
FY201092$14.3 million82737.6%
FY2011146$37.1 million133764.8%
FY2012112$37.2 million105524.5%
FY2013147$46.7 million1278125.4%
FY2014166$44.7 million1461649.6%
FY2015198$61.5 million17213136.6%
FY2016191$68.6 million14818259.4%
FY2017198$85.4 million142203610.1%
FY2018205$73.6 million133264612.7%
FY2019167$83.1 million100194811.4%
FY2020115$47.0 million734383.5%
FY202188$45.5 million475365.7%
FY2022116$68.9 million28979too recent for a share
FY2023181$80.3 million2111149too recent for a share
FY2024209$88.7 million203186too recent for a share
FY2025183$85.0 million32178too recent for a share
FY2026102$46.8 million00102too recent for a share

By state, where 30 or more loans are at least five years old

StateLoans (FY2001 to 2021)Charged offShare
California52411021.0%
New York3235617.3%
Ohio2523714.7%
Texas2345623.9%
Pennsylvania1763218.2%
Florida1575535.0%
Massachusetts136128.8%
New Jersey1352317.0%
Michigan1321813.6%
Illinois1202722.5%
Colorado871719.5%
Washington851011.8%

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.

Where can you go from this record?

Open it in the check to search another brand or industry. Before you borrow for a business in this industry, read the FTC consumer guide to buying a franchise, the SBA guide to buying a franchise and SBA Lender Match.

Compiled and checked by Vincent Wesley Couey (ORCID 0009-0005-6869-308X) from the SBA 7(a) FOIA loan data, as of 30 September 2026. Not an official source.

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