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

How have SBA loans in Fish and Seafood Merchant Wholesalers turned out?

Of 605 loans approved in fiscal 2003 to 2021 (at least five years old), 113 (18.7%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Fish and Seafood Merchant Wholesalers appears on 730 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $288.6 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.

Fish and Seafood Merchant WholesalersIndustry NAICS 424460 · 730 loans

19%of seasoned loans charged off

Fish and Seafood Merchant Wholesalers appears on 730 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $288.6 million in gross approvals.
Of 605 loans approved in fiscal 2003 to 2021 (at least five years old), 113 (18.7%) were charged off by the lender, against 15.7% 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
FY2003	24	$3.7 million	20	4	0	16.7%
FY2004	45	$5.8 million	34	10	1	22.2%
FY2005	47	$5.5 million	32	14	1	29.8%
FY2006	45	$6.2 million	25	20	0	44.4%
FY2007	45	$7.6 million	27	18	0	40.0%
FY2008	24	$7.1 million	14	10	0	41.7%
FY2009	21	$4.5 million	19	2	0	9.5%
FY2010	30	$8.4 million	26	4	0	13.3%
FY2011	34	$15.5 million	32	2	0	5.9%
FY2012	31	$13.7 million	27	3	1	9.7%
FY2013	30	$12.9 million	26	2	2	6.7%
FY2014	33	$15.4 million	29	4	0	12.1%
FY2015	33	$12.5 million	27	3	3	9.1%
FY2016	28	$13.0 million	25	2	1	7.1%
FY2017	35	$23.7 million	26	4	5	11.4%
FY2018	28	$10.4 million	23	2	3	7.1%
FY2019	30	$18.4 million	20	3	7	10.0%
FY2020	22	$14.5 million	9	5	8	22.7%
FY2021	20	$16.7 million	11	1	8	5.0%
FY2022	22	$10.2 million	9	3	10	too recent for a share
FY2023	30	$15.5 million	6	1	23	too recent for a share
FY2024	32	$18.0 million	7	0	25	too recent for a share
FY2025	27	$22.0 million	2	0	25	too recent for a share
FY2026	14	$7.5 million	0	0	14	too recent for a share

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

State	Loans (FY2003 to 2021)	Charged off	Share
California	120	21	17.5%
New York	86	23	26.7%
Washington	56	8	14.3%
Massachusetts	56	4	7.1%
Florida	52	16	30.8%

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.