How have SBA loans in Home Furnishing Merchant Wholesalers turned out?
Of 1,063 loans approved in fiscal 2003 to 2021 (at least five years old), 243 (22.9%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Home Furnishing Merchant Wholesalers appears on 1,224 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $373.9 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.
Home Furnishing Merchant WholesalersIndustry NAICS 423220 · 1,224 loans
23%of seasoned loans charged off
Home Furnishing Merchant Wholesalers appears on 1,224 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $373.9 million in gross approvals.
Of 1,063 loans approved in fiscal 2003 to 2021 (at least five years old), 243 (22.9%) 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
46
$3.5 million
36
10
0
21.7%
FY2004
108
$14.7 million
85
22
1
20.4%
FY2005
125
$21.2 million
81
44
0
35.2%
FY2006
77
$10.9 million
42
35
0
45.5%
FY2007
130
$12.6 million
78
52
0
40.0%
FY2008
60
$10.5 million
36
24
0
40.0%
FY2009
36
$6.9 million
29
7
0
19.4%
FY2010
34
$13.4 million
29
3
2
8.8%
FY2011
50
$18.6 million
47
3
0
6.0%
FY2012
32
$5.7 million
29
3
0
9.4%
FY2013
48
$37.8 million
40
7
1
14.6%
FY2014
51
$19.0 million
45
6
0
11.8%
FY2015
62
$17.2 million
55
3
4
4.8%
FY2016
46
$19.6 million
36
7
3
15.2%
FY2017
39
$17.0 million
30
2
7
5.1%
FY2018
29
$5.9 million
17
6
6
20.7%
FY2019
39
$18.8 million
19
9
11
23.1%
FY2020
20
$14.2 million
11
0
9
0.0%
FY2021
31
$24.1 million
12
0
19
0.0%
FY2022
35
$17.2 million
10
3
22
too recent for a share
FY2023
30
$11.4 million
4
2
24
too recent for a share
FY2024
48
$25.8 million
5
1
42
too recent for a share
FY2025
32
$8.7 million
0
0
32
too recent for a share
FY2026
16
$19.1 million
0
0
16
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
216
66
30.6%
New York
99
21
21.2%
Texas
80
9
11.3%
Florida
53
17
32.1%
New Jersey
49
10
20.4%
Georgia
47
12
25.5%
Illinois
44
15
34.1%
Utah
33
6
18.2%
Michigan
30
9
30.0%
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.