How have SBA loans in Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers turned out?
Of 635 loans approved in fiscal 2001 to 2021 (at least five years old), 184 (29.0%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers appears on 774 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $242.3 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.
Household Appliances, Electric Housewares, and Consumer Electronics Merchant WholesalersIndustry NAICS 423620 · 774 loans
29%of seasoned loans charged off
Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers appears on 774 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $242.3 million in gross approvals.
Of 635 loans approved in fiscal 2001 to 2021 (at least five years old), 184 (29.0%) were charged off by the lender, against 15.6% 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
FY2001
1
$355,600
0
1
0
few loans
FY2003
32
$4.7 million
25
7
0
21.9%
FY2004
52
$5.6 million
37
15
0
28.8%
FY2005
59
$7.1 million
38
21
0
35.6%
FY2006
73
$8.2 million
41
32
0
43.8%
FY2007
49
$5.7 million
22
27
0
55.1%
FY2008
35
$6.4 million
19
16
0
45.7%
FY2009
20
$7.7 million
17
3
0
15.0%
FY2010
17
$2.8 million
15
2
0
11.8%
FY2011
19
$6.9 million
15
4
0
21.1%
FY2012
14
$5.6 million
12
2
0
14.3%
FY2013
28
$12.0 million
22
6
0
21.4%
FY2014
30
$11.5 million
24
4
2
13.3%
FY2015
40
$23.4 million
29
8
3
20.0%
FY2016
29
$12.6 million
24
5
0
17.2%
FY2017
21
$5.5 million
15
2
4
9.5%
FY2018
41
$14.5 million
25
12
4
29.3%
FY2019
37
$13.5 million
18
10
9
27.0%
FY2020
16
$6.9 million
9
5
2
31.3%
FY2021
22
$12.5 million
13
2
7
9.1%
FY2022
28
$14.6 million
8
5
15
too recent for a share
FY2023
30
$17.1 million
9
3
18
too recent for a share
FY2024
30
$15.5 million
5
0
25
too recent for a share
FY2025
41
$13.7 million
0
0
41
too recent for a share
FY2026
10
$8.0 million
0
0
10
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2001 to 2021)
Charged off
Share
California
169
43
25.4%
Florida
113
37
32.7%
New York
62
17
27.4%
Illinois
35
20
57.1%
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.