How have SBA loans in Photography Studios, Portrait turned out?
Of 2,309 loans approved in fiscal 2000 to 2021 (at least five years old), 477 (20.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Photography Studios, Portrait appears on 2,676 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $228.0 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.
Photography Studios, Portrait appears on 2,676 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $228.0 million in gross approvals.
Of 2,309 loans approved in fiscal 2000 to 2021 (at least five years old), 477 (20.7%) were charged off by the lender, against 15.6% 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
FY2000
77
$7.4 million
55
22
0
28.6%
FY2001
82
$8.7 million
56
26
0
31.7%
FY2002
93
$8.8 million
76
17
0
18.3%
FY2003
166
$9.4 million
133
32
1
19.3%
FY2004
198
$11.5 million
154
44
0
22.2%
FY2005
213
$12.3 million
154
58
1
27.2%
FY2006
250
$13.8 million
171
78
1
31.2%
FY2007
215
$10.7 million
144
70
1
32.6%
FY2008
174
$8.7 million
109
62
3
35.6%
FY2009
94
$5.8 million
82
11
1
11.7%
FY2010
98
$4.1 million
89
9
0
9.2%
FY2011
69
$11.2 million
64
2
3
2.9%
FY2012
61
$3.9 million
55
5
1
8.2%
FY2013
66
$8.1 million
61
5
0
7.6%
FY2014
54
$2.8 million
47
4
3
7.4%
FY2015
83
$7.6 million
77
5
1
6.0%
FY2016
86
$4.7 million
70
10
6
11.6%
FY2017
74
$9.6 million
56
8
10
10.8%
FY2018
56
$6.8 million
39
5
12
8.9%
FY2019
38
$5.0 million
27
2
9
5.3%
FY2020
30
$6.7 million
23
0
7
0.0%
FY2021
32
$10.1 million
15
2
15
6.3%
FY2022
38
$5.2 million
10
3
25
too recent for a share
FY2023
87
$9.5 million
17
5
65
too recent for a share
FY2024
111
$10.5 million
12
1
98
too recent for a share
FY2025
80
$19.3 million
3
0
77
too recent for a share
FY2026
51
$5.8 million
0
0
51
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2000 to 2021)
Charged off
Share
California
266
65
24.4%
Texas
175
34
19.4%
New York
161
33
20.5%
Ohio
117
21
17.9%
Pennsylvania
100
20
20.0%
Massachusetts
96
16
16.7%
Illinois
88
14
15.9%
Utah
80
10
12.5%
Wisconsin
78
11
14.1%
Florida
74
18
24.3%
Minnesota
64
13
20.3%
New Jersey
55
18
32.7%
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.