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

How have SBA loans in Offices of Real Estate Agents and Brokers turned out?

Of 5,977 loans approved in fiscal 2000 to 2021 (at least five years old), 1,605 (26.9%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Offices of Real Estate Agents and Brokers appears on 7,240 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $1.2 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 Real Estate Agents and BrokersIndustry NAICS 531210 · 7,240 loans
27%of seasoned loans charged off
  1. Offices of Real Estate Agents and Brokers appears on 7,240 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $1.2 billion in gross approvals.
  2. Of 5,977 loans approved in fiscal 2000 to 2021 (at least five years old), 1,605 (26.9%) 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%53%Fiscal 2000: 2 of 41 loans charged off (4.9%)Fiscal 2001: 8 of 73 loans charged off (11.0%)Fiscal 2002: 11 of 119 loans charged off (9.2%)Fiscal 2003: 51 of 276 loans charged off (18.5%)Fiscal 2004: 93 of 349 loans charged off (26.6%)Fiscal 2005: 170 of 513 loans charged off (33.1%)Fiscal 2006: 370 of 766 loans charged off (48.3%)Fiscal 2007: 558 of 1,051 loans charged off (53.1%)Fiscal 2008: 200 of 458 loans charged off (43.7%)Fiscal 2009: 20 of 109 loans charged off (18.3%)Fiscal 2010: 8 of 120 loans charged off (6.7%)Fiscal 2011: 4 of 135 loans charged off (3.0%)Fiscal 2012: 2 of 94 loans charged off (2.1%)Fiscal 2013: 2 of 104 loans charged off (1.9%)Fiscal 2014: 4 of 162 loans charged off (2.5%)Fiscal 2015: 7 of 220 loans charged off (3.2%)Fiscal 2016: 11 of 219 loans charged off (5.0%)Fiscal 2017: 23 of 273 loans charged off (8.4%)Fiscal 2018: 26 of 271 loans charged off (9.6%)Fiscal 2019: 18 of 215 loans charged off (8.4%)Fiscal 2020: 10 of 195 loans charged off (5.1%)Fiscal 2021: 7 of 214 loans charged off (3.3%)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
FY200041$10.7 million39204.9%
FY200173$15.4 million658011.0%
FY2002119$26.8 million1081109.2%
FY2003276$24.1 million22451118.5%
FY2004349$49.9 million25393326.6%
FY2005513$54.2 million340170333.1%
FY2006766$68.8 million395370148.3%
FY20071,051$61.7 million492558153.1%
FY2008458$31.6 million256200243.7%
FY2009109$11.9 million8720218.3%
FY2010120$15.8 million109836.7%
FY2011135$35.6 million126453.0%
FY201294$30.6 million86262.1%
FY2013104$21.4 million95271.9%
FY2014162$31.3 million149492.5%
FY2015220$42.1 million1987153.2%
FY2016219$52.2 million18911195.0%
FY2017273$69.8 million20723438.4%
FY2018271$53.9 million20226439.6%
FY2019215$42.4 million13618618.4%
FY2020195$61.4 million12310625.1%
FY2021214$90.3 million9771103.3%
FY2022226$68.5 million4816162too recent for a share
FY2023265$61.5 million4416205too recent for a share
FY2024329$52.0 million218300too recent for a share
FY2025287$61.2 million112274too recent for a share
FY2026156$38.0 million20154too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California1,15231627.4%
Florida46616234.8%
Texas44510122.7%
New York44413730.9%
Illinois25210140.1%
Ohio2264118.1%
Colorado2125827.4%
Massachusetts2125124.1%
Arizona1675231.1%
Utah1613924.2%
Minnesota1544126.6%
Michigan1534428.8%

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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