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

How have SBA loans in Limited-Service Restaurants turned out?

Of 15,057 loans approved in fiscal 2000 to 2021 (at least five years old), 1,307 (8.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Limited-Service Restaurants appears on 23,304 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $9.8 billion 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.

Limited-Service RestaurantsIndustry NAICS 722513 · 23,304 loans

9%of seasoned loans charged off

Limited-Service Restaurants appears on 23,304 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $9.8 billion in gross approvals.
Of 15,057 loans approved in fiscal 2000 to 2021 (at least five years old), 1,307 (8.7%) 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
FY2000	4	$2.1 million	3	0	1	few loans
FY2002	1	$75,000	1	0	0	few loans
FY2003	1	$252,000	1	0	0	few loans
FY2004	3	$530,000	2	1	0	few loans
FY2005	6	$1.2 million	4	1	1	few loans
FY2006	10	$1.7 million	6	3	1	30.0%
FY2007	12	$3.7 million	7	5	0	41.7%
FY2008	14	$3.7 million	8	5	1	35.7%
FY2009	18	$7.7 million	11	5	2	27.8%
FY2010	20	$6.2 million	12	6	2	30.0%
FY2011	24	$6.2 million	18	6	0	25.0%
FY2012	76	$38.6 million	50	22	4	28.9%
FY2013	1,055	$380.1 million	955	79	21	7.5%
FY2014	1,594	$510.4 million	1,405	141	48	8.8%
FY2015	1,933	$638.8 million	1,653	194	86	10.0%
FY2016	2,045	$701.4 million	1,656	211	178	10.3%
FY2017	1,946	$714.8 million	1,413	193	340	9.9%
FY2018	2,012	$758.7 million	1,364	212	436	10.5%
FY2019	1,631	$637.0 million	1,020	117	494	7.2%
FY2020	1,117	$494.7 million	672	52	393	4.7%
FY2021	1,535	$835.6 million	666	54	815	3.5%
FY2022	1,430	$719.2 million	425	72	933	too recent for a share
FY2023	1,722	$763.4 million	320	51	1,351	too recent for a share
FY2024	1,884	$897.8 million	188	21	1,675	too recent for a share
FY2025	2,037	$1.0 billion	80	3	1,954	too recent for a share
FY2026	1,174	$613.7 million	12	0	1,162	too recent for a share

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

State	Loans (FY2000 to 2021)	Charged off	Share
California	2,014	191	9.5%
Texas	1,373	158	11.5%
New York	831	90	10.8%
Florida	753	86	11.4%
Ohio	665	42	6.3%
Georgia	652	40	6.1%
Illinois	555	58	10.4%
Washington	533	26	4.9%
Michigan	527	25	4.7%
Pennsylvania	501	37	7.4%
New Jersey	424	43	10.1%
Minnesota	394	35	8.9%

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.