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

How have SBA loans in Pet Care (except Veterinary) Services turned out?

Of 4,402 loans approved in fiscal 2001 to 2021 (at least five years old), 425 (9.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Pet Care (except Veterinary) Services appears on 6,633 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $2.4 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.
Pet Care (except Veterinary) ServicesIndustry NAICS 812910 · 6,633 loans
10%of seasoned loans charged off
  1. Pet Care (except Veterinary) Services appears on 6,633 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $2.4 billion in gross approvals.
  2. Of 4,402 loans approved in fiscal 2001 to 2021 (at least five years old), 425 (9.7%) 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%27%Fiscal 2001: 6 of 77 loans charged off (7.8%)Fiscal 2002: 6 of 120 loans charged off (5.0%)Fiscal 2003: 9 of 163 loans charged off (5.5%)Fiscal 2004: 16 of 153 loans charged off (10.5%)Fiscal 2005: 44 of 229 loans charged off (19.2%)Fiscal 2006: 65 of 244 loans charged off (26.6%)Fiscal 2007: 63 of 236 loans charged off (26.7%)Fiscal 2008: 58 of 239 loans charged off (24.3%)Fiscal 2009: 12 of 126 loans charged off (9.5%)Fiscal 2010: 10 of 144 loans charged off (6.9%)Fiscal 2011: 15 of 178 loans charged off (8.4%)Fiscal 2012: 8 of 158 loans charged off (5.1%)Fiscal 2013: 10 of 167 loans charged off (6.0%)Fiscal 2014: 13 of 175 loans charged off (7.4%)Fiscal 2015: 13 of 280 loans charged off (4.6%)Fiscal 2016: 15 of 295 loans charged off (5.1%)Fiscal 2017: 14 of 283 loans charged off (4.9%)Fiscal 2018: 15 of 323 loans charged off (4.6%)Fiscal 2019: 21 of 307 loans charged off (6.8%)Fiscal 2020: 7 of 207 loans charged off (3.4%)Fiscal 2021: 5 of 298 loans charged off (1.7%)20012003200520072009201120132015201720192021
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
FY200177$13.4 million71607.8%
FY2002120$23.7 million114605.0%
FY2003163$25.2 million154905.5%
FY2004153$19.6 million13716010.5%
FY2005229$29.2 million18444119.2%
FY2006244$39.4 million17465526.6%
FY2007236$44.3 million17063326.7%
FY2008239$61.5 million17658524.3%
FY2009126$24.4 million1131219.5%
FY2010144$23.5 million1281066.9%
FY2011178$53.6 million1611528.4%
FY2012158$35.2 million1378135.1%
FY2013167$42.6 million1501076.0%
FY2014175$59.7 million13713257.4%
FY2015280$79.3 million24413234.6%
FY2016295$81.4 million24615345.1%
FY2017283$85.3 million21114584.9%
FY2018323$127.6 million21715914.6%
FY2019307$147.7 million181211056.8%
FY2020207$88.8 million1097913.4%
FY2021298$195.9 million11751761.7%
FY2022366$193.7 million867273too recent for a share
FY2023431$227.4 million687356too recent for a share
FY2024520$236.1 million588454too recent for a share
FY2025546$280.7 million150531too recent for a share
FY2026368$208.0 million10367too recent for a share

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

StateLoans (FY2001 to 2021)Charged offShare
Texas402317.7%
California3654011.0%
Ohio282217.4%
Florida1973417.3%
Pennsylvania1872010.7%
New York1861910.2%
Illinois156127.7%
Wisconsin15585.2%
Massachusetts152117.2%
Michigan139107.2%
North Carolina1381510.9%
Georgia135128.9%

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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