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

How have SBA loans in Electronics Stores turned out?

Of 769 loans approved in fiscal 2005 to 2021 (at least five years old), 139 (18.1%) were charged off by the lender, against 15.5% across all 7(a) loans approved in those same years. Electronics Stores appears on 804 SBA-guaranteed 7(a) loans approved from fiscal 2005 to 2025, $188.0 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.
Electronics StoresIndustry NAICS 443142 · 804 loans
18%of seasoned loans charged off
  1. Electronics Stores appears on 804 SBA-guaranteed 7(a) loans approved from fiscal 2005 to 2025, $188.0 million in gross approvals.
  2. Of 769 loans approved in fiscal 2005 to 2021 (at least five years old), 139 (18.1%) were charged off by the lender, against 15.5% 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%31%Fiscal 2013: 1 of 26 loans charged off (3.8%)Fiscal 2014: 11 of 83 loans charged off (13.3%)Fiscal 2015: 19 of 123 loans charged off (15.4%)Fiscal 2016: 20 of 131 loans charged off (15.3%)Fiscal 2017: 33 of 125 loans charged off (26.4%)Fiscal 2018: 22 of 102 loans charged off (21.6%)Fiscal 2019: 22 of 71 loans charged off (31.0%)Fiscal 2020: 6 of 51 loans charged off (11.8%)Fiscal 2021: 3 of 50 loans charged off (6.0%)201320142015201620172018201920202021
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
FY20051$75,000010few loans
FY20071$25,000100few loans
FY20081$20,000100few loans
FY20091$105,000100few loans
FY20101$150,000001few loans
FY20111$200,000100few loans
FY20121$45,000010few loans
FY201326$4.0 million25103.8%
FY201483$12.8 million7111113.3%
FY2015123$32.0 million10119315.4%
FY2016131$27.8 million10420715.3%
FY2017125$24.9 million8833426.4%
FY2018102$19.0 million61221921.6%
FY201971$16.3 million32221731.0%
FY202051$15.9 million3061511.8%
FY202150$24.4 million163316.0%
FY202218$4.7 million6111too recent for a share
FY202310$2.9 million226too recent for a share
FY20246$2.6 million006too recent for a share
FY20251$50,000100too recent for a share

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

StateLoans (FY2005 to 2021)Charged offShare
California891314.6%
New York711926.8%
Texas621930.6%
Florida561730.4%
Ohio4436.8%
Michigan43511.6%
Illinois34720.6%
Minnesota311032.3%
Massachusetts30310.0%

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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