SBA loan outcome check · industry · SBA data as of 30 September 2026
| Approval year | Loans | Approved | Paid in full | Charged off | Not yet resolved | Charged-off share |
|---|---|---|---|---|---|---|
| FY2001 | 33 | $9.4 million | 25 | 8 | 0 | 24.2% |
| FY2002 | 21 | $7.0 million | 17 | 4 | 0 | 19.0% |
| FY2003 | 15 | $5.1 million | 12 | 2 | 1 | 13.3% |
| FY2004 | 19 | $4.0 million | 17 | 2 | 0 | 10.5% |
| FY2005 | 22 | $6.4 million | 21 | 1 | 0 | 4.5% |
| FY2006 | 20 | $4.8 million | 14 | 6 | 0 | 30.0% |
| FY2007 | 14 | $3.0 million | 10 | 4 | 0 | 28.6% |
| FY2008 | 13 | $2.2 million | 13 | 0 | 0 | 0.0% |
| FY2009 | 11 | $6.3 million | 9 | 2 | 0 | 18.2% |
| FY2010 | 23 | $7.1 million | 21 | 2 | 0 | 8.7% |
| FY2011 | 13 | $8.7 million | 12 | 1 | 0 | 7.7% |
| FY2012 | 23 | $13.4 million | 22 | 1 | 0 | 4.3% |
| FY2013 | 21 | $7.4 million | 21 | 0 | 0 | 0.0% |
| FY2014 | 17 | $6.4 million | 17 | 0 | 0 | 0.0% |
| FY2015 | 17 | $12.7 million | 12 | 2 | 3 | 11.8% |
| FY2016 | 16 | $14.1 million | 10 | 2 | 4 | 12.5% |
| FY2017 | 9 | $4.7 million | 7 | 0 | 2 | few loans |
| FY2018 | 17 | $20.4 million | 13 | 0 | 4 | 0.0% |
| FY2019 | 6 | $2.6 million | 4 | 0 | 2 | few loans |
| FY2020 | 22 | $15.0 million | 11 | 0 | 11 | 0.0% |
| FY2021 | 14 | $15.2 million | 7 | 0 | 7 | 0.0% |
| FY2022 | 6 | $6.9 million | 3 | 0 | 3 | too recent for a share |
| FY2023 | 1 | $139,700 | 0 | 0 | 1 | too recent for a share |
| FY2024 | 9 | $6.1 million | 3 | 0 | 6 | too recent for a share |
| FY2025 | 4 | $4.9 million | 0 | 0 | 4 | too recent for a share |
| FY2026 | 5 | $2.9 million | 0 | 0 | 5 | too recent for a share |
| State | Loans (FY2001 to 2021) | Charged off | Share |
|---|---|---|---|
| Michigan | 62 | 4 | 6.5% |
| Ohio | 36 | 6 | 16.7% |
| Wisconsin | 33 | 1 | 3.0% |
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.
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.