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

How have SBA loans in Offices of Lawyers turned out?

Of 11,168 loans approved in fiscal 2000 to 2021 (at least five years old), 933 (8.3%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Offices of Lawyers appears on 13,311 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.7 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.
Offices of LawyersIndustry NAICS 541110 · 13,311 loans
8%of seasoned loans charged off
  1. Offices of Lawyers appears on 13,311 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.7 billion in gross approvals.
  2. Of 11,168 loans approved in fiscal 2000 to 2021 (at least five years old), 933 (8.3%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years.
  3. 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.
0%20%Fiscal 2000: 9 of 230 loans charged off (3.9%)Fiscal 2001: 15 of 212 loans charged off (7.1%)Fiscal 2002: 18 of 361 loans charged off (5.0%)Fiscal 2003: 37 of 541 loans charged off (6.8%)Fiscal 2004: 63 of 613 loans charged off (10.3%)Fiscal 2005: 116 of 712 loans charged off (16.3%)Fiscal 2006: 104 of 671 loans charged off (15.5%)Fiscal 2007: 134 of 675 loans charged off (19.9%)Fiscal 2008: 107 of 543 loans charged off (19.7%)Fiscal 2009: 41 of 407 loans charged off (10.1%)Fiscal 2010: 28 of 510 loans charged off (5.5%)Fiscal 2011: 32 of 602 loans charged off (5.3%)Fiscal 2012: 22 of 507 loans charged off (4.3%)Fiscal 2013: 21 of 460 loans charged off (4.6%)Fiscal 2014: 27 of 535 loans charged off (5.0%)Fiscal 2015: 34 of 657 loans charged off (5.2%)Fiscal 2016: 32 of 685 loans charged off (4.7%)Fiscal 2017: 25 of 542 loans charged off (4.6%)Fiscal 2018: 21 of 539 loans charged off (3.9%)Fiscal 2019: 21 of 402 loans charged off (5.2%)Fiscal 2020: 14 of 341 loans charged off (4.1%)Fiscal 2021: 12 of 423 loans charged off (2.8%)20002002200420062008201020122014201620182020
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 yearLoansApprovedPaid in fullCharged offNot yet resolvedCharged-off share
FY2000230$36.1 million221903.9%
FY2001212$26.0 million1971507.1%
FY2002361$53.9 million3421815.0%
FY2003541$51.2 million5023726.8%
FY2004613$55.7 million54763310.3%
FY2005712$64.7 million591116516.3%
FY2006671$51.0 million566104115.5%
FY2007675$53.2 million538134319.9%
FY2008543$61.2 million427107919.7%
FY2009407$45.7 million36341310.1%
FY2010510$65.7 million4742885.5%
FY2011602$95.0 million56032105.3%
FY2012507$76.4 million47122144.3%
FY2013460$98.8 million41121284.6%
FY2014535$104.1 million48927195.0%
FY2015657$135.4 million59134325.2%
FY2016685$156.2 million58832654.7%
FY2017542$149.2 million43425834.6%
FY2018539$120.3 million394211243.9%
FY2019402$115.0 million264211175.2%
FY2020341$129.3 million175141524.1%
FY2021423$215.4 million197122142.8%
FY2022372$136.1 million1208244too recent for a share
FY2023412$149.4 million907315too recent for a share
FY2024535$155.5 million674464too recent for a share
FY2025495$174.5 million360459too recent for a share
FY2026329$111.3 million30326too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California1,7711418.0%
Massachusetts876596.7%
New York857728.4%
Texas809809.9%
Florida6967410.6%
Pennsylvania429358.2%
Illinois3685214.1%
Ohio362318.6%
Arizona339298.6%
New Jersey306289.2%
Washington301196.3%
Michigan285258.8%

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.

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