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
Caterers appears on 4,555 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $1.3 billion in gross approvals.
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.
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
FY2001
98
$16.0 million
85
13
0
13.3%
FY2002
143
$25.8 million
119
23
1
16.1%
FY2003
188
$26.6 million
144
44
0
23.4%
FY2004
249
$24.2 million
200
49
0
19.7%
FY2005
282
$30.4 million
195
86
1
30.5%
FY2006
302
$31.5 million
197
103
2
34.1%
FY2007
321
$36.3 million
195
125
1
38.9%
FY2008
249
$28.9 million
151
95
3
38.2%
FY2009
107
$22.3 million
88
17
2
15.9%
FY2010
92
$14.3 million
82
7
3
7.6%
FY2011
146
$37.1 million
133
7
6
4.8%
FY2012
112
$37.2 million
105
5
2
4.5%
FY2013
147
$46.7 million
127
8
12
5.4%
FY2014
166
$44.7 million
146
16
4
9.6%
FY2015
198
$61.5 million
172
13
13
6.6%
FY2016
191
$68.6 million
148
18
25
9.4%
FY2017
198
$85.4 million
142
20
36
10.1%
FY2018
205
$73.6 million
133
26
46
12.7%
FY2019
167
$83.1 million
100
19
48
11.4%
FY2020
115
$47.0 million
73
4
38
3.5%
FY2021
88
$45.5 million
47
5
36
5.7%
FY2022
116
$68.9 million
28
9
79
too recent for a share
FY2023
181
$80.3 million
21
11
149
too recent for a share
FY2024
209
$88.7 million
20
3
186
too recent for a share
FY2025
183
$85.0 million
3
2
178
too recent for a share
FY2026
102
$46.8 million
0
0
102
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2001 to 2021)
Charged off
Share
California
524
110
21.0%
New York
323
56
17.3%
Ohio
252
37
14.7%
Texas
234
56
23.9%
Pennsylvania
176
32
18.2%
Florida
157
55
35.0%
Massachusetts
136
12
8.8%
New Jersey
135
23
17.0%
Michigan
132
18
13.6%
Illinois
120
27
22.5%
Colorado
87
17
19.5%
Washington
85
10
11.8%
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.