Of 1,372 loans approved in fiscal 2000 to 2021 (at least five years old), 124 (9.0%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Logging appears on 1,586 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $299.3 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.
LoggingIndustry NAICS 113310 · 1,586 loans
9%of seasoned loans charged off
Logging appears on 1,586 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $299.3 million in gross approvals.
Of 1,372 loans approved in fiscal 2000 to 2021 (at least five years old), 124 (9.0%) 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
34
$6.9 million
28
6
0
17.6%
FY2001
48
$9.9 million
46
2
0
4.2%
FY2002
43
$8.2 million
42
1
0
2.3%
FY2003
66
$8.3 million
57
9
0
13.6%
FY2004
72
$10.0 million
68
4
0
5.6%
FY2005
86
$6.8 million
69
17
0
19.8%
FY2006
71
$5.2 million
51
20
0
28.2%
FY2007
61
$6.7 million
50
11
0
18.0%
FY2008
40
$4.4 million
32
8
0
20.0%
FY2009
68
$11.4 million
65
3
0
4.4%
FY2010
74
$24.7 million
62
10
2
13.5%
FY2011
72
$26.2 million
68
3
1
4.2%
FY2012
57
$12.4 million
55
2
0
3.5%
FY2013
82
$18.8 million
76
5
1
6.1%
FY2014
58
$9.0 million
56
1
1
1.7%
FY2015
77
$13.2 million
72
5
0
6.5%
FY2016
81
$12.0 million
73
7
1
8.6%
FY2017
60
$13.9 million
54
4
2
6.7%
FY2018
57
$11.4 million
52
0
5
0.0%
FY2019
59
$13.9 million
47
2
10
3.4%
FY2020
35
$7.2 million
26
1
8
2.9%
FY2021
71
$15.9 million
46
3
22
4.2%
FY2022
40
$5.0 million
17
0
23
too recent for a share
FY2023
47
$10.9 million
14
4
29
too recent for a share
FY2024
51
$7.8 million
11
0
40
too recent for a share
FY2025
45
$9.9 million
6
0
39
too recent for a share
FY2026
31
$9.0 million
0
0
31
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
Maine
136
8
5.9%
Washington
104
12
11.5%
New Hampshire
103
4
3.9%
New York
89
14
15.7%
Minnesota
79
10
12.7%
Wisconsin
77
4
5.2%
Vermont
76
1
1.3%
Mississippi
75
4
5.3%
Idaho
70
6
8.6%
Pennsylvania
69
4
5.8%
Michigan
63
7
11.1%
Oregon
41
8
19.5%
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.