How have SBA loans in General Line Grocery Merchant Wholesalers turned out?
Of 1,093 loans approved in fiscal 2003 to 2021 (at least five years old), 202 (18.5%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. General Line Grocery Merchant Wholesalers appears on 1,408 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $666.8 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.
General Line Grocery Merchant WholesalersIndustry NAICS 424410 · 1,408 loans
18%of seasoned loans charged off
General Line Grocery Merchant Wholesalers appears on 1,408 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $666.8 million in gross approvals.
Of 1,093 loans approved in fiscal 2003 to 2021 (at least five years old), 202 (18.5%) 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
37
$11.0 million
34
3
0
8.1%
FY2004
70
$16.2 million
52
18
0
25.7%
FY2005
66
$12.4 million
47
19
0
28.8%
FY2006
89
$11.9 million
56
33
0
37.1%
FY2007
111
$21.9 million
62
48
1
43.2%
FY2008
60
$14.8 million
42
18
0
30.0%
FY2009
34
$15.1 million
25
9
0
26.5%
FY2010
42
$17.7 million
38
3
1
7.1%
FY2011
57
$21.7 million
52
5
0
8.8%
FY2012
57
$26.6 million
52
5
0
8.8%
FY2013
53
$28.9 million
46
4
3
7.5%
FY2014
49
$29.2 million
41
5
3
10.2%
FY2015
59
$39.5 million
54
3
2
5.1%
FY2016
66
$32.7 million
53
7
6
10.6%
FY2017
48
$26.9 million
35
5
8
10.4%
FY2018
48
$19.8 million
32
9
7
18.8%
FY2019
56
$40.7 million
39
1
16
1.8%
FY2020
37
$40.9 million
20
5
12
13.5%
FY2021
54
$43.1 million
27
2
25
3.7%
FY2022
48
$27.1 million
13
1
34
too recent for a share
FY2023
68
$46.2 million
11
5
52
too recent for a share
FY2024
75
$39.7 million
14
0
61
too recent for a share
FY2025
79
$53.2 million
6
0
73
too recent for a share
FY2026
45
$29.8 million
0
0
45
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
194
28
14.4%
New York
132
37
28.0%
New Jersey
82
18
21.9%
Florida
79
20
25.3%
Texas
76
10
13.2%
Illinois
57
18
31.6%
Georgia
39
9
23.1%
Massachusetts
37
6
16.2%
Michigan
33
9
27.3%
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.