How have SBA loans in Other Building Finishing Contractors turned out?
Of 2,004 loans approved in fiscal 2003 to 2021 (at least five years old), 305 (15.2%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Other Building Finishing Contractors appears on 2,742 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $739.0 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.
Other Building Finishing ContractorsIndustry NAICS 238390 · 2,742 loans
15%of seasoned loans charged off
Other Building Finishing Contractors appears on 2,742 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $739.0 million in gross approvals.
Of 2,004 loans approved in fiscal 2003 to 2021 (at least five years old), 305 (15.2%) were charged off by the lender, against 15.7% 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
FY2003
44
$4.7 million
36
8
0
18.2%
FY2004
104
$11.8 million
88
16
0
15.4%
FY2005
116
$11.2 million
90
26
0
22.4%
FY2006
190
$17.2 million
111
77
2
40.5%
FY2007
172
$14.7 million
108
63
1
36.6%
FY2008
99
$12.0 million
73
26
0
26.3%
FY2009
77
$7.7 million
60
17
0
22.1%
FY2010
83
$15.0 million
73
9
1
10.8%
FY2011
80
$15.8 million
70
8
2
10.0%
FY2012
83
$12.5 million
76
6
1
7.2%
FY2013
84
$21.1 million
78
1
5
1.2%
FY2014
84
$21.4 million
80
2
2
2.4%
FY2015
117
$31.8 million
110
6
1
5.1%
FY2016
133
$35.2 million
113
10
10
7.5%
FY2017
148
$36.2 million
126
5
17
3.4%
FY2018
124
$38.8 million
92
9
23
7.3%
FY2019
107
$27.7 million
68
10
29
9.3%
FY2020
83
$31.7 million
50
5
28
6.0%
FY2021
76
$43.9 million
42
1
33
1.3%
FY2022
115
$38.6 million
38
0
77
too recent for a share
FY2023
152
$72.1 million
25
3
124
too recent for a share
FY2024
180
$70.9 million
17
3
160
too recent for a share
FY2025
185
$97.8 million
12
0
173
too recent for a share
FY2026
106
$49.4 million
0
0
106
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2003 to 2021)
Charged off
Share
California
190
28
14.7%
Florida
113
36
31.9%
Ohio
113
10
8.8%
New York
104
16
15.4%
Texas
103
17
16.5%
Pennsylvania
89
14
15.7%
Minnesota
79
13
16.5%
Utah
72
5
6.9%
Colorado
70
7
10.0%
Massachusetts
68
8
11.8%
Washington
64
15
23.4%
Connecticut
57
4
7.0%
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.