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

How have SBA loans in Horses and Other Equine Production turned out?

Of 181 loans approved in fiscal 2000 to 2021 (at least five years old), 23 (12.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Horses and Other Equine Production appears on 249 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $83.3 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.
Horses and Other Equine ProductionIndustry NAICS 112920 · 249 loans
13%of seasoned loans charged off
  1. Horses and Other Equine Production appears on 249 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $83.3 million in gross approvals.
  2. Of 181 loans approved in fiscal 2000 to 2021 (at least five years old), 23 (12.7%) 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%38%Fiscal 2002: 0 of 13 loans charged off (0.0%)Fiscal 2005: 6 of 16 loans charged off (37.5%)Fiscal 2006: 2 of 10 loans charged off (20.0%)Fiscal 2007: 4 of 16 loans charged off (25.0%)Fiscal 2015: 0 of 12 loans charged off (0.0%)Fiscal 2021: 4 of 15 loans charged off (26.7%)200220052006200720152021
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
FY20005$1.5 million410few loans
FY20016$1.1 million510few loans
FY200213$5.5 million13000.0%
FY20037$1.1 million610few loans
FY20048$2.3 million800few loans
FY200516$1.3 million106037.5%
FY200610$2.4 million82020.0%
FY200716$1.6 million124025.0%
FY20083$1.9 million300few loans
FY20098$1.4 million800few loans
FY20105$1.3 million500few loans
FY20116$940,000600few loans
FY20122$480,000200few loans
FY20138$2.2 million611few loans
FY20144$591,000310few loans
FY201512$6.8 million10020.0%
FY20169$2.4 million711few loans
FY20178$2.2 million602few loans
FY20189$5.2 million612few loans
FY20194$90,000301few loans
FY20207$2.7 million601few loans
FY202115$6.2 million64526.7%
FY202213$8.1 million409too recent for a share
FY20239$1.9 million207too recent for a share
FY202425$5.9 million3220too recent for a share
FY202514$13.6 million0014too recent for a share
FY20267$2.4 million007too recent for a share

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.

☆ Save