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

How have SBA loans in Direct Life Insurance Carriers turned out?

Of 144 loans approved in fiscal 2001 to 2020 (at least five years old), 25 (17.4%) were charged off by the lender, against 16.1% across all 7(a) loans approved in those same years. Direct Life Insurance Carriers appears on 146 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $14.8 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.
Direct Life Insurance CarriersIndustry NAICS 524113 · 146 loans
17%of seasoned loans charged off
  1. Direct Life Insurance Carriers appears on 146 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $14.8 million in gross approvals.
  2. Of 144 loans approved in fiscal 2001 to 2020 (at least five years old), 25 (17.4%) were charged off by the lender, against 16.1% 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%40%Fiscal 2006: 5 of 17 loans charged off (29.4%)Fiscal 2007: 10 of 25 loans charged off (40.0%)Fiscal 2016: 1 of 12 loans charged off (8.3%)Fiscal 2017: 1 of 11 loans charged off (9.1%)2006200720162017
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
FY20014$310,000400few loans
FY20034$651,000310few loans
FY20048$942,000710few loans
FY20053$85,000210few loans
FY200617$1.0 million125029.4%
FY200725$994,5001510040.0%
FY20086$178,000420few loans
FY20099$353,700810few loans
FY20109$1.3 million810few loans
FY20116$932,400600few loans
FY20136$1.0 million600few loans
FY20147$4.1 million700few loans
FY20159$496,500810few loans
FY201612$1.0 million11108.3%
FY201711$726,2009119.1%
FY20182$80,000200few loans
FY20193$229,000201few loans
FY20203$145,000201few loans
FY20231$150,000001too recent for a share
FY20261$45,000001too recent for a share

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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