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

How have SBA loans in "Radio, Television, and Other Electronics Stores" turned out?

Of 2,037 loans approved in fiscal 2000 to 2014 (at least five years old), 700 (34.4%) were charged off by the lender, against 19.4% across all 7(a) loans approved in those same years. "Radio, Television, and Other Electronics Stores" appears on 2,048 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2024, $265.9 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.
"Radio, Television, and Other Electronics Stores"Industry NAICS 443112 · 2,048 loans
34%of seasoned loans charged off
  1. "Radio, Television, and Other Electronics Stores" appears on 2,048 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2024, $265.9 million in gross approvals.
  2. Of 2,037 loans approved in fiscal 2000 to 2014 (at least five years old), 700 (34.4%) were charged off by the lender, against 19.4% 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%50%Fiscal 2000: 10 of 30 loans charged off (33.3%)Fiscal 2001: 25 of 90 loans charged off (27.8%)Fiscal 2002: 31 of 127 loans charged off (24.4%)Fiscal 2003: 47 of 178 loans charged off (26.4%)Fiscal 2004: 81 of 244 loans charged off (33.2%)Fiscal 2005: 97 of 284 loans charged off (34.2%)Fiscal 2006: 141 of 320 loans charged off (44.1%)Fiscal 2007: 119 of 238 loans charged off (50.0%)Fiscal 2008: 79 of 164 loans charged off (48.2%)Fiscal 2009: 31 of 88 loans charged off (35.2%)Fiscal 2010: 13 of 79 loans charged off (16.5%)Fiscal 2011: 10 of 87 loans charged off (11.5%)Fiscal 2012: 11 of 72 loans charged off (15.3%)Fiscal 2013: 3 of 30 loans charged off (10.0%)2000200220042006200820102012
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
FY200030$5.7 million2010033.3%
FY200190$14.5 million6525027.8%
FY2002127$18.4 million9631024.4%
FY2003178$20.2 million12947226.4%
FY2004244$24.0 million16381033.2%
FY2005284$31.2 million18497334.2%
FY2006320$31.9 million176141344.1%
FY2007238$29.7 million118119150.0%
FY2008164$23.4 million8479148.2%
FY200988$13.0 million5631135.2%
FY201079$12.2 million6613016.5%
FY201187$17.0 million7510211.5%
FY201272$16.2 million6111015.3%
FY201330$6.6 million273010.0%
FY20146$513,100420few loans
FY20221$60,000001too recent for a share
FY20237$790,000115too recent for a share
FY20243$540,000102too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California32412538.6%
New York2137937.1%
Florida1566139.1%
Texas1174336.8%
Pennsylvania781620.5%
Michigan783646.2%
Massachusetts672029.8%
Illinois653350.8%
Ohio642031.3%
Minnesota631727.0%
New Jersey623048.4%
Utah511631.4%

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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