How have SBA loans in Medical Laboratories turned out?
Of 1,009 loans approved in fiscal 2000 to 2021 (at least five years old), 106 (10.5%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Medical Laboratories appears on 1,198 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $381.4 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.
Medical LaboratoriesIndustry NAICS 621511 · 1,198 loans
11%of seasoned loans charged off
Medical Laboratories appears on 1,198 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $381.4 million in gross approvals.
Of 1,009 loans approved in fiscal 2000 to 2021 (at least five years old), 106 (10.5%) 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
12
$3.1 million
11
1
0
8.3%
FY2001
47
$9.4 million
44
3
0
6.4%
FY2002
45
$8.7 million
41
3
1
6.7%
FY2003
38
$7.2 million
36
2
0
5.3%
FY2004
56
$9.0 million
51
5
0
8.9%
FY2005
64
$9.3 million
54
9
1
14.1%
FY2006
56
$13.1 million
47
9
0
16.1%
FY2007
66
$11.5 million
51
14
1
21.2%
FY2008
59
$14.2 million
44
15
0
25.4%
FY2009
44
$7.0 million
35
9
0
20.5%
FY2010
37
$5.0 million
34
3
0
8.1%
FY2011
49
$12.1 million
44
4
1
8.2%
FY2012
38
$13.0 million
37
1
0
2.6%
FY2013
49
$8.9 million
44
4
1
8.2%
FY2014
37
$11.5 million
36
1
0
2.7%
FY2015
48
$14.1 million
46
2
0
4.2%
FY2016
70
$28.0 million
58
7
5
10.0%
FY2017
46
$15.6 million
38
2
6
4.3%
FY2018
44
$25.5 million
28
5
11
11.4%
FY2019
26
$15.2 million
18
3
5
11.5%
FY2020
39
$25.0 million
27
3
9
7.7%
FY2021
39
$29.0 million
18
1
20
2.6%
FY2022
36
$12.9 million
7
2
27
too recent for a share
FY2023
40
$14.4 million
5
1
34
too recent for a share
FY2024
60
$27.2 million
6
0
54
too recent for a share
FY2025
34
$14.8 million
4
0
30
too recent for a share
FY2026
19
$16.9 million
0
0
19
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
Puerto Rico
227
2
0.9%
California
127
17
13.4%
Texas
107
16
14.9%
Florida
59
16
27.1%
New York
31
4
12.9%
Ohio
30
4
13.3%
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.