How have SBA loans in Mortgage and Nonmortgage Loan Brokers turned out?
Of 1,931 loans approved in fiscal 2000 to 2021 (at least five years old), 915 (47.4%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Mortgage and Nonmortgage Loan Brokers appears on 2,071 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $332.5 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.
Mortgage and Nonmortgage Loan BrokersIndustry NAICS 522310 · 2,071 loans
47%of seasoned loans charged off
Mortgage and Nonmortgage Loan Brokers appears on 2,071 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $332.5 million in gross approvals.
Of 1,931 loans approved in fiscal 2000 to 2021 (at least five years old), 915 (47.4%) 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
38
$7.4 million
35
3
0
7.9%
FY2001
43
$9.7 million
40
3
0
7.0%
FY2002
73
$17.8 million
62
11
0
15.1%
FY2003
138
$26.9 million
101
37
0
26.8%
FY2004
229
$30.3 million
143
86
0
37.6%
FY2005
284
$36.8 million
123
161
0
56.7%
FY2006
322
$42.2 million
115
207
0
64.3%
FY2007
432
$29.8 million
143
288
1
66.7%
FY2008
141
$10.3 million
50
90
1
63.8%
FY2009
21
$2.6 million
12
9
0
42.9%
FY2010
24
$3.7 million
15
7
2
29.2%
FY2011
14
$1.9 million
12
2
0
14.3%
FY2012
10
$4.1 million
10
0
0
0.0%
FY2013
20
$7.9 million
17
2
1
10.0%
FY2014
14
$3.0 million
10
1
3
7.1%
FY2015
19
$7.9 million
11
3
5
15.8%
FY2016
17
$4.9 million
14
1
2
5.9%
FY2017
16
$8.6 million
11
1
4
6.3%
FY2018
25
$4.9 million
18
2
5
8.0%
FY2019
17
$5.8 million
11
0
6
0.0%
FY2020
13
$6.5 million
9
0
4
0.0%
FY2021
21
$12.4 million
2
1
18
4.8%
FY2022
35
$17.5 million
7
7
21
too recent for a share
FY2023
28
$9.5 million
1
3
24
too recent for a share
FY2024
24
$5.3 million
5
1
18
too recent for a share
FY2025
33
$10.6 million
1
0
32
too recent for a share
FY2026
20
$4.4 million
1
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
California
489
233
47.6%
Florida
163
88
54.0%
Texas
115
42
36.5%
Colorado
88
52
59.1%
Utah
82
38
46.3%
New York
72
32
44.4%
Minnesota
72
35
48.6%
Arizona
66
25
37.9%
Illinois
65
26
40.0%
Ohio
58
26
44.8%
Washington
51
27
52.9%
Missouri
49
24
49.0%
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.