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

How have SBA loans in Institutional Furniture Manufacturing turned out?

Of 311 loans approved in fiscal 2000 to 2021 (at least five years old), 64 (20.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Institutional Furniture Manufacturing appears on 338 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $121.3 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.
Institutional Furniture ManufacturingIndustry NAICS 337127 · 338 loans
21%of seasoned loans charged off
  1. Institutional Furniture Manufacturing appears on 338 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $121.3 million in gross approvals.
  2. Of 311 loans approved in fiscal 2000 to 2021 (at least five years old), 64 (20.6%) 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%42%Fiscal 2001: 3 of 15 loans charged off (20.0%)Fiscal 2002: 0 of 12 loans charged off (0.0%)Fiscal 2003: 1 of 27 loans charged off (3.7%)Fiscal 2004: 28 of 68 loans charged off (41.2%)Fiscal 2005: 13 of 59 loans charged off (22.0%)Fiscal 2006: 10 of 24 loans charged off (41.7%)Fiscal 2007: 6 of 19 loans charged off (31.6%)Fiscal 2017: 1 of 10 loans charged off (10.0%)20012002200320042005200620072017
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
FY20002$1.3 million200few loans
FY200115$6.1 million123020.0%
FY200212$3.4 million12000.0%
FY200327$5.8 million26103.7%
FY200468$9.9 million4028041.2%
FY200559$3.7 million4613022.0%
FY200624$1.8 million1410041.7%
FY200719$2.7 million136031.6%
FY20086$1.2 million510few loans
FY20095$1.5 million500few loans
FY20108$4.0 million800few loans
FY20114$2.3 million400few loans
FY20124$3.1 million400few loans
FY20135$9.1 million500few loans
FY20146$5.2 million600few loans
FY20159$3.2 million900few loans
FY20166$3.1 million600few loans
FY201710$3.0 million71210.0%
FY20185$6.8 million302few loans
FY20198$4.9 million611few loans
FY20205$7.8 million203few loans
FY20214$3.3 million202few loans
FY20223$4.6 million102too recent for a share
FY20233$3.5 million003too recent for a share
FY20247$5.4 million106too recent for a share
FY202513$14.2 million0013too recent for a share
FY20261$300,000001too recent for a share

By state, where 30 or more loans are at least five years old

StateLoans (FY2000 to 2021)Charged offShare
California411331.7%
Texas381128.9%

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