How have SBA loans in Masonry Contractors turned out?
Of 1,922 loans approved in fiscal 2002 to 2021 (at least five years old), 339 (17.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Masonry Contractors appears on 2,342 SBA-guaranteed 7(a) loans approved from fiscal 2002 to 2026, $374.8 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.
Masonry Contractors appears on 2,342 SBA-guaranteed 7(a) loans approved from fiscal 2002 to 2026, $374.8 million in gross approvals.
Of 1,922 loans approved in fiscal 2002 to 2021 (at least five years old), 339 (17.6%) 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
FY2002
1
$296,900
0
1
0
few loans
FY2003
31
$3.0 million
25
6
0
19.4%
FY2004
98
$8.3 million
87
11
0
11.2%
FY2005
131
$12.2 million
91
40
0
30.5%
FY2006
214
$19.0 million
140
72
2
33.6%
FY2007
202
$15.2 million
117
84
1
41.6%
FY2008
131
$11.3 million
88
43
0
32.8%
FY2009
69
$6.9 million
56
13
0
18.8%
FY2010
77
$9.5 million
71
6
0
7.8%
FY2011
74
$10.3 million
67
5
2
6.8%
FY2012
66
$11.1 million
59
6
1
9.1%
FY2013
73
$11.2 million
68
5
0
6.8%
FY2014
86
$20.1 million
79
5
2
5.8%
FY2015
106
$15.7 million
102
3
1
2.8%
FY2016
96
$15.2 million
89
3
4
3.1%
FY2017
112
$16.9 million
92
9
11
8.0%
FY2018
113
$18.8 million
87
6
20
5.3%
FY2019
113
$21.5 million
83
16
14
14.2%
FY2020
66
$13.7 million
43
2
21
3.0%
FY2021
63
$28.8 million
31
3
29
4.8%
FY2022
76
$16.5 million
18
3
55
too recent for a share
FY2023
95
$24.6 million
22
4
69
too recent for a share
FY2024
102
$22.9 million
13
1
88
too recent for a share
FY2025
96
$28.6 million
4
1
91
too recent for a share
FY2026
51
$13.4 million
0
0
51
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2002 to 2021)
Charged off
Share
New York
182
32
17.6%
Ohio
159
16
10.1%
California
125
24
19.2%
Texas
107
21
19.6%
Massachusetts
91
10
11.0%
Pennsylvania
88
16
18.2%
Minnesota
88
19
21.6%
Illinois
83
18
21.7%
Utah
73
19
26.0%
Florida
67
16
23.9%
Michigan
66
9
13.6%
New Jersey
64
15
23.4%
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.