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

How have SBA loans in Elementary and Secondary Schools turned out?

Of 902 loans approved in fiscal 2000 to 2021 (at least five years old), 69 (7.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Elementary and Secondary Schools appears on 1,128 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $833.6 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.

Elementary and Secondary SchoolsIndustry NAICS 611110 · 1,128 loans

8%of seasoned loans charged off

Elementary and Secondary Schools appears on 1,128 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $833.6 million in gross approvals.
Of 902 loans approved in fiscal 2000 to 2021 (at least five years old), 69 (7.6%) 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	27	$10.9 million	26	1	0	3.7%
FY2001	24	$9.1 million	20	4	0	16.7%
FY2002	38	$14.7 million	37	1	0	2.6%
FY2003	31	$10.1 million	29	2	0	6.5%
FY2004	31	$9.5 million	27	3	1	9.7%
FY2005	49	$13.0 million	42	6	1	12.2%
FY2006	36	$5.8 million	26	8	2	22.2%
FY2007	47	$17.5 million	36	11	0	23.4%
FY2008	42	$6.6 million	27	13	2	31.0%
FY2009	27	$11.3 million	22	4	1	14.8%
FY2010	19	$9.7 million	17	1	1	5.3%
FY2011	32	$19.1 million	30	0	2	0.0%
FY2012	29	$21.7 million	27	2	0	6.9%
FY2013	42	$33.3 million	36	1	5	2.4%
FY2014	39	$31.6 million	29	4	6	10.3%
FY2015	51	$61.4 million	44	0	7	0.0%
FY2016	60	$58.7 million	51	1	8	1.7%
FY2017	57	$45.1 million	42	1	14	1.8%
FY2018	67	$75.7 million	35	2	30	3.0%
FY2019	66	$66.9 million	33	1	32	1.5%
FY2020	37	$45.0 million	22	0	15	0.0%
FY2021	51	$58.5 million	24	3	24	5.9%
FY2022	43	$37.1 million	13	1	29	too recent for a share
FY2023	41	$29.0 million	9	5	27	too recent for a share
FY2024	51	$45.0 million	3	0	48	too recent for a share
FY2025	64	$57.5 million	1	0	63	too recent for a share
FY2026	27	$29.6 million	0	0	27	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	146	11	7.5%
Texas	138	9	6.5%
Florida	84	4	4.8%
Arizona	49	2	4.1%
Georgia	33	2	6.1%
New Jersey	32	2	6.3%

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.