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

How have SBA loans in Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers turned out?

Of 929 loans approved in fiscal 2001 to 2021 (at least five years old), 207 (22.3%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers appears on 1,025 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $361.9 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.

Piece Goods, Notions, and Other Dry Goods Merchant WholesalersIndustry NAICS 424310 · 1,025 loans

22%of seasoned loans charged off

Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers appears on 1,025 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $361.9 million in gross approvals.
Of 929 loans approved in fiscal 2001 to 2021 (at least five years old), 207 (22.3%) 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
FY2001	1	$1.7 million	1	0	0	few loans
FY2003	45	$4.4 million	32	13	0	28.9%
FY2004	75	$11.6 million	48	27	0	36.0%
FY2005	98	$13.3 million	62	35	1	35.7%
FY2006	94	$9.6 million	53	41	0	43.6%
FY2007	73	$9.5 million	51	22	0	30.1%
FY2008	50	$5.6 million	26	24	0	48.0%
FY2009	29	$4.7 million	25	4	0	13.8%
FY2010	41	$10.3 million	37	4	0	9.8%
FY2011	50	$19.7 million	46	4	0	8.0%
FY2012	54	$27.1 million	49	5	0	9.3%
FY2013	43	$15.4 million	36	6	1	14.0%
FY2014	44	$36.3 million	38	4	2	9.1%
FY2015	36	$24.7 million	29	5	2	13.9%
FY2016	39	$18.6 million	34	1	4	2.6%
FY2017	32	$22.7 million	24	4	4	12.5%
FY2018	36	$16.6 million	23	4	9	11.1%
FY2019	40	$17.6 million	21	2	17	5.0%
FY2020	22	$5.8 million	13	1	8	4.5%
FY2021	27	$22.9 million	14	1	12	3.7%
FY2022	18	$16.4 million	5	1	12	too recent for a share
FY2023	26	$11.7 million	4	2	20	too recent for a share
FY2024	24	$11.8 million	1	0	23	too recent for a share
FY2025	19	$13.7 million	4	0	15	too recent for a share
FY2026	9	$10.3 million	0	0	9	too recent for a share

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

State	Loans (FY2001 to 2021)	Charged off	Share
California	314	85	27.1%
New York	90	30	33.3%
Texas	49	11	22.4%
Florida	44	11	25.0%
New Jersey	42	12	28.6%
Illinois	32	11	34.4%

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.