How have SBA loans in Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers turned out?
Of 1,402 loans approved in fiscal 2003 to 2021 (at least five years old), 371 (26.5%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers appears on 1,676 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $411.0 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.
Jewelry, Watch, Precious Stone, and Precious Metal Merchant WholesalersIndustry NAICS 423940 · 1,676 loans
26%of seasoned loans charged off
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers appears on 1,676 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $411.0 million in gross approvals.
Of 1,402 loans approved in fiscal 2003 to 2021 (at least five years old), 371 (26.5%) were charged off by the lender, against 15.7% 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
FY2003
148
$13.3 million
118
30
0
20.3%
FY2004
138
$10.2 million
100
37
1
26.8%
FY2005
142
$17.3 million
100
42
0
29.6%
FY2006
138
$16.4 million
62
75
1
54.3%
FY2007
154
$11.1 million
74
80
0
51.9%
FY2008
100
$7.6 million
57
42
1
42.0%
FY2009
30
$7.2 million
21
9
0
30.0%
FY2010
38
$6.5 million
33
5
0
13.2%
FY2011
42
$27.0 million
35
5
2
11.9%
FY2012
51
$14.0 million
45
5
1
9.8%
FY2013
58
$18.1 million
50
6
2
10.3%
FY2014
65
$21.8 million
54
9
2
13.8%
FY2015
66
$27.5 million
57
5
4
7.6%
FY2016
52
$15.4 million
43
8
1
15.4%
FY2017
51
$17.0 million
38
5
8
9.8%
FY2018
51
$14.6 million
36
2
13
3.9%
FY2019
27
$13.5 million
16
2
9
7.4%
FY2020
21
$11.3 million
10
2
9
9.5%
FY2021
30
$22.5 million
10
2
18
6.7%
FY2022
38
$22.3 million
9
1
28
too recent for a share
FY2023
62
$14.2 million
4
2
56
too recent for a share
FY2024
69
$19.0 million
5
1
63
too recent for a share
FY2025
66
$42.5 million
1
0
65
too recent for a share
FY2026
39
$20.7 million
0
0
39
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2003 to 2021)
Charged off
Share
New York
343
123
35.9%
California
312
105
33.7%
Texas
99
13
13.1%
Florida
97
20
20.6%
New Jersey
81
23
28.4%
Illinois
56
22
39.3%
Massachusetts
42
2
4.8%
Pennsylvania
33
6
18.2%
Georgia
33
6
18.2%
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.