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

How have SBA loans in Convenience Stores turned out?

Of 8,077 loans approved in fiscal 2001 to 2021 (at least five years old), 1,134 (14.0%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Convenience Stores appears on 8,187 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2025, $2.1 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.
Convenience StoresIndustry NAICS 445120 · 8,187 loans
14%of seasoned loans charged off
  1. Convenience Stores appears on 8,187 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2025, $2.1 billion in gross approvals.
  2. Of 8,077 loans approved in fiscal 2001 to 2021 (at least five years old), 1,134 (14.0%) 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%33%Fiscal 2001: 67 of 445 loans charged off (15.1%)Fiscal 2002: 50 of 390 loans charged off (12.8%)Fiscal 2003: 77 of 542 loans charged off (14.2%)Fiscal 2004: 77 of 490 loans charged off (15.7%)Fiscal 2005: 140 of 600 loans charged off (23.3%)Fiscal 2006: 172 of 632 loans charged off (27.2%)Fiscal 2007: 202 of 616 loans charged off (32.8%)Fiscal 2008: 101 of 457 loans charged off (22.1%)Fiscal 2009: 41 of 258 loans charged off (15.9%)Fiscal 2010: 35 of 272 loans charged off (12.9%)Fiscal 2011: 32 of 319 loans charged off (10.0%)Fiscal 2012: 23 of 274 loans charged off (8.4%)Fiscal 2013: 8 of 259 loans charged off (3.1%)Fiscal 2014: 14 of 323 loans charged off (4.3%)Fiscal 2015: 17 of 349 loans charged off (4.9%)Fiscal 2016: 15 of 356 loans charged off (4.2%)Fiscal 2017: 22 of 385 loans charged off (5.7%)Fiscal 2018: 16 of 333 loans charged off (4.8%)Fiscal 2019: 14 of 242 loans charged off (5.8%)Fiscal 2020: 6 of 237 loans charged off (2.5%)Fiscal 2021: 5 of 298 loans charged off (1.7%)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
FY2001445$105.7 million37767115.1%
FY2002390$99.7 million33950112.8%
FY2003542$96.8 million46577014.2%
FY2004490$92.3 million41077315.7%
FY2005600$120.2 million456140423.3%
FY2006632$113.4 million4501721027.2%
FY2007616$112.6 million405202932.8%
FY2008457$103.7 million347101922.1%
FY2009258$66.8 million21041715.9%
FY2010272$76.9 million227351012.9%
FY2011319$79.7 million275321210.0%
FY2012274$57.1 million2422398.4%
FY2013259$73.9 million2368153.1%
FY2014323$82.9 million29414154.3%
FY2015349$78.6 million30317294.9%
FY2016356$100.9 million30515364.2%
FY2017385$127.8 million28322805.7%
FY2018333$122.6 million23216854.8%
FY2019242$97.7 million15514735.8%
FY2020237$116.6 million12861032.5%
FY2021298$160.7 million13951541.7%
FY202279$34.5 million29248too recent for a share
FY202320$6.2 million6212too recent for a share
FY202410$2.4 million109too recent for a share
FY20251$50,000001too recent for a share

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

StateLoans (FY2001 to 2021)Charged offShare
California1,4121148.1%
Texas6059615.9%
Ohio5446712.3%
New York46510221.9%
Washington4655010.8%
Massachusetts448378.3%
Michigan4316815.8%
New Jersey3083511.4%
Georgia2994314.4%
Pennsylvania2884716.3%
Oregon229146.1%
Florida1983517.7%

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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