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

How have SBA loans in Direct Property and Casualty Insurance Carriers turned out?

Of 240 loans approved in fiscal 2001 to 2021 (at least five years old), 37 (15.4%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Direct Property and Casualty Insurance Carriers appears on 277 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $42.6 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 Property and Casualty Insurance CarriersIndustry NAICS 524126 · 277 loans
15%of seasoned loans charged off
  1. Direct Property and Casualty Insurance Carriers appears on 277 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $42.6 million in gross approvals.
  2. Of 240 loans approved in fiscal 2001 to 2021 (at least five years old), 37 (15.4%) 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%43%Fiscal 2003: 3 of 10 loans charged off (30.0%)Fiscal 2004: 3 of 16 loans charged off (18.8%)Fiscal 2005: 5 of 21 loans charged off (23.8%)Fiscal 2006: 9 of 28 loans charged off (32.1%)Fiscal 2007: 9 of 21 loans charged off (42.9%)Fiscal 2008: 1 of 10 loans charged off (10.0%)Fiscal 2010: 1 of 10 loans charged off (10.0%)Fiscal 2011: 2 of 17 loans charged off (11.8%)Fiscal 2012: 1 of 12 loans charged off (8.3%)Fiscal 2015: 0 of 13 loans charged off (0.0%)Fiscal 2016: 0 of 10 loans charged off (0.0%)Fiscal 2018: 0 of 10 loans charged off (0.0%)Fiscal 2020: 0 of 16 loans charged off (0.0%)Fiscal 2021: 0 of 12 loans charged off (0.0%)2003200520072010201220162020
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
FY20012$200,000200few loans
FY20024$75,000400few loans
FY200310$415,00073030.0%
FY200416$1.8 million133018.8%
FY200521$3.2 million165023.8%
FY200628$1.7 million199032.1%
FY200721$1.8 million129042.9%
FY200810$415,00091010.0%
FY20097$1.2 million610few loans
FY201010$1.6 million91010.0%
FY201117$1.6 million142111.8%
FY201212$1.6 million11108.3%
FY20135$1.2 million500few loans
FY20147$294,300700few loans
FY201513$2.5 million13000.0%
FY201610$738,4009010.0%
FY20174$651,600220few loans
FY201810$1.5 million7030.0%
FY20195$1.2 million401few loans
FY202016$1.8 million12040.0%
FY202112$2.6 million10020.0%
FY20227$2.8 million205too recent for a share
FY202310$5.0 million208too recent for a share
FY20244$718,000004too recent for a share
FY202513$4.8 million1012too recent for a share
FY20263$922,700003too 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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