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

How have SBA loans in Furniture Stores turned out?

Of 4,414 loans approved in fiscal 2000 to 2021 (at least five years old), 1,105 (25.0%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Furniture Stores appears on 4,484 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $1.3 billion 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.
Furniture StoresIndustry NAICS 442110 · 4,484 loans
25%of seasoned loans charged off
  1. Furniture Stores appears on 4,484 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $1.3 billion in gross approvals.
  2. Of 4,414 loans approved in fiscal 2000 to 2021 (at least five years old), 1,105 (25.0%) 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%47%Fiscal 2000: 16 of 109 loans charged off (14.7%)Fiscal 2001: 40 of 230 loans charged off (17.4%)Fiscal 2002: 54 of 252 loans charged off (21.4%)Fiscal 2003: 67 of 313 loans charged off (21.4%)Fiscal 2004: 93 of 389 loans charged off (23.9%)Fiscal 2005: 169 of 458 loans charged off (36.9%)Fiscal 2006: 196 of 451 loans charged off (43.5%)Fiscal 2007: 193 of 413 loans charged off (46.7%)Fiscal 2008: 110 of 254 loans charged off (43.3%)Fiscal 2009: 26 of 112 loans charged off (23.2%)Fiscal 2010: 22 of 133 loans charged off (16.5%)Fiscal 2011: 12 of 150 loans charged off (8.0%)Fiscal 2012: 13 of 111 loans charged off (11.7%)Fiscal 2013: 12 of 108 loans charged off (11.1%)Fiscal 2014: 9 of 135 loans charged off (6.7%)Fiscal 2015: 13 of 160 loans charged off (8.1%)Fiscal 2016: 9 of 113 loans charged off (8.0%)Fiscal 2017: 12 of 129 loans charged off (9.3%)Fiscal 2018: 13 of 104 loans charged off (12.5%)Fiscal 2019: 12 of 110 loans charged off (10.9%)Fiscal 2020: 8 of 67 loans charged off (11.9%)Fiscal 2021: 6 of 113 loans charged off (5.3%)20002002200420062008201020122014201620182020
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
FY2000109$31.7 million9316014.7%
FY2001230$41.2 million19040017.4%
FY2002252$56.3 million19754121.4%
FY2003313$56.8 million24467221.4%
FY2004389$65.6 million29493223.9%
FY2005458$77.2 million288169136.9%
FY2006451$68.1 million253196243.5%
FY2007413$65.6 million218193246.7%
FY2008254$36.5 million143110143.3%
FY2009112$31.9 million8626023.2%
FY2010133$43.5 million10922216.5%
FY2011150$68.2 million1371218.0%
FY2012111$41.2 million9613211.7%
FY2013108$62.1 million9412211.1%
FY2014135$60.4 million117996.7%
FY2015160$73.8 million13413138.1%
FY2016113$59.5 million909148.0%
FY2017129$54.2 million9512229.3%
FY2018104$46.8 million67132412.5%
FY2019110$47.4 million66123210.9%
FY202067$39.1 million3482511.9%
FY2021113$112.2 million566515.3%
FY202252$24.2 million11437too recent for a share
FY202312$2.1 million417too recent for a share
FY20245$809,000005too recent for a share
FY20251$500,000001too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California59717028.5%
Texas40610626.1%
New York2969030.4%
Florida2448434.4%
Pennsylvania1834323.5%
Ohio1492818.8%
New Jersey1323224.2%
Illinois1254536.0%
Georgia1153026.1%
Arizona1123228.6%
Wisconsin1111816.2%
Michigan1062422.6%

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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