How have SBA loans in Clothing Accessories Stores turned out?
Of 1,945 loans approved in fiscal 2000 to 2021 (at least five years old), 527 (27.1%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Clothing Accessories Stores appears on 1,981 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $205.9 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.
Clothing Accessories Stores appears on 1,981 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $205.9 million in gross approvals.
Of 1,945 loans approved in fiscal 2000 to 2021 (at least five years old), 527 (27.1%) 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
9
$523,200
7
2
0
few loans
FY2001
44
$4.7 million
40
4
0
9.1%
FY2002
70
$6.2 million
62
8
0
11.4%
FY2003
135
$9.7 million
110
25
0
18.5%
FY2004
128
$8.3 million
97
31
0
24.2%
FY2005
232
$12.8 million
153
79
0
34.1%
FY2006
195
$8.7 million
101
94
0
48.2%
FY2007
248
$12.1 million
126
121
1
48.8%
FY2008
149
$6.5 million
65
84
0
56.4%
FY2009
62
$4.6 million
52
10
0
16.1%
FY2010
50
$3.7 million
42
8
0
16.0%
FY2011
57
$9.3 million
52
4
1
7.0%
FY2012
70
$7.1 million
56
12
2
17.1%
FY2013
55
$8.8 million
49
6
0
10.9%
FY2014
54
$9.6 million
49
4
1
7.4%
FY2015
70
$11.5 million
61
5
4
7.1%
FY2016
81
$15.2 million
72
6
3
7.4%
FY2017
65
$11.4 million
49
6
10
9.2%
FY2018
62
$23.8 million
40
9
13
14.5%
FY2019
42
$5.6 million
28
4
10
9.5%
FY2020
36
$8.2 million
22
1
13
2.8%
FY2021
31
$11.9 million
14
4
13
12.9%
FY2022
20
$2.5 million
6
1
13
too recent for a share
FY2023
12
$2.0 million
2
0
10
too recent for a share
FY2024
3
$191,000
1
0
2
too recent for a share
FY2025
1
$691,000
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
314
122
38.9%
New York
210
56
26.7%
Texas
123
40
32.5%
Florida
119
35
29.4%
New Jersey
79
26
32.9%
Pennsylvania
68
6
8.8%
Illinois
67
24
35.8%
Ohio
66
15
22.7%
Puerto Rico
55
14
25.4%
Massachusetts
51
13
25.5%
Utah
49
9
18.4%
Georgia
45
20
44.4%
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.