How have SBA loans in Independent Artists, Writers, and Performers turned out?
Of 1,859 loans approved in fiscal 2001 to 2021 (at least five years old), 374 (20.1%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Independent Artists, Writers, and Performers appears on 2,342 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $275.2 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.
Independent Artists, Writers, and PerformersIndustry NAICS 711510 · 2,342 loans
20%of seasoned loans charged off
Independent Artists, Writers, and Performers appears on 2,342 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $275.2 million in gross approvals.
Of 1,859 loans approved in fiscal 2001 to 2021 (at least five years old), 374 (20.1%) 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
22
$3.1 million
20
2
0
9.1%
FY2002
36
$3.5 million
30
6
0
16.7%
FY2003
77
$5.2 million
63
13
1
16.9%
FY2004
193
$9.6 million
144
48
1
24.9%
FY2005
211
$5.6 million
165
46
0
21.8%
FY2006
199
$6.1 million
131
68
0
34.2%
FY2007
185
$6.5 million
107
78
0
42.2%
FY2008
108
$4.2 million
68
38
2
35.2%
FY2009
52
$3.2 million
47
5
0
9.6%
FY2010
45
$5.5 million
40
3
2
6.7%
FY2011
64
$6.6 million
58
6
0
9.4%
FY2012
51
$5.7 million
47
2
2
3.9%
FY2013
57
$8.0 million
47
8
2
14.0%
FY2014
63
$12.0 million
56
5
2
7.9%
FY2015
104
$10.3 million
93
6
5
5.8%
FY2016
93
$10.7 million
81
10
2
10.8%
FY2017
85
$20.8 million
64
9
12
10.6%
FY2018
60
$13.9 million
40
6
14
10.0%
FY2019
72
$9.1 million
43
7
22
9.7%
FY2020
43
$8.4 million
26
3
14
7.0%
FY2021
39
$23.8 million
17
5
17
12.8%
FY2022
63
$14.8 million
16
8
39
too recent for a share
FY2023
103
$25.4 million
17
7
79
too recent for a share
FY2024
138
$18.0 million
8
7
123
too recent for a share
FY2025
118
$24.8 million
7
0
111
too recent for a share
FY2026
61
$10.3 million
1
0
60
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
453
108
23.8%
New York
136
27
19.9%
Texas
90
18
20.0%
Florida
77
26
33.8%
Illinois
65
16
24.6%
Pennsylvania
60
9
15.0%
Ohio
59
6
10.2%
Massachusetts
54
9
16.7%
Georgia
51
16
31.4%
Minnesota
51
9
17.6%
Colorado
51
7
13.7%
Utah
47
13
27.7%
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.