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

How have SBA loans in Other Direct Insurance (except Life, Health, and Medical) Carriers turned out?

Of 283 loans approved in fiscal 2000 to 2020 (at least five years old), 101 (35.7%) were charged off by the lender, against 16.1% across all 7(a) loans approved in those same years. Other Direct Insurance (except Life, Health, and Medical) Carriers appears on 297 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $15.9 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 Direct Insurance (except Life, Health, and Medical) CarriersIndustry NAICS 524128 · 297 loans
36%of seasoned loans charged off
  1. Other Direct Insurance (except Life, Health, and Medical) Carriers appears on 297 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $15.9 million in gross approvals.
  2. Of 283 loans approved in fiscal 2000 to 2020 (at least five years old), 101 (35.7%) were charged off by the lender, against 16.1% 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%46%Fiscal 2004: 14 of 33 loans charged off (42.4%)Fiscal 2005: 18 of 55 loans charged off (32.7%)Fiscal 2006: 18 of 42 loans charged off (42.9%)Fiscal 2007: 29 of 63 loans charged off (46.0%)Fiscal 2008: 15 of 40 loans charged off (37.5%)Fiscal 2009: 5 of 15 loans charged off (33.3%)200420052006200720082009
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
FY20006$541,000600few loans
FY20011$50,000100few loans
FY20036$295,000510few loans
FY200433$400,0001914042.4%
FY200555$2.3 million3718032.7%
FY200642$815,0002418042.9%
FY200763$1.2 million3429046.0%
FY200840$1.1 million2515037.5%
FY200915$528,300105033.3%
FY20103$250,000300few loans
FY20112$44,000200few loans
FY20123$90,000300few loans
FY20132$81,300200few loans
FY20141$25,000100few loans
FY20151$40,000100few loans
FY20162$764,500101few loans
FY20174$340,900202few loans
FY20181$35,000010few loans
FY20192$1.0 million200few loans
FY20201$100,000100few loans
FY20233$731,900003too recent for a share
FY20247$2.9 million007too recent for a share
FY20251$500,000001too recent for a share
FY20263$1.9 million003too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
Texas542444.4%

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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