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

How have SBA loans in Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) turned out?

Of 160 loans approved in fiscal 2006 to 2019 (at least five years old), 22 (13.8%) were charged off by the lender, against 15.8% across all 7(a) loans approved in those same years. Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) appears on 160 SBA-guaranteed 7(a) loans approved from fiscal 2006 to 2019, $40.4 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.
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)Industry NAICS 541712 · 160 loans
14%of seasoned loans charged off
  1. Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology) appears on 160 SBA-guaranteed 7(a) loans approved from fiscal 2006 to 2019, $40.4 million in gross approvals.
  2. Of 160 loans approved in fiscal 2006 to 2019 (at least five years old), 22 (13.8%) were charged off by the lender, against 15.8% 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%21%Fiscal 2008: 2 of 10 loans charged off (20.0%)Fiscal 2010: 1 of 16 loans charged off (6.3%)Fiscal 2011: 2 of 15 loans charged off (13.3%)Fiscal 2012: 2 of 16 loans charged off (12.5%)Fiscal 2013: 2 of 18 loans charged off (11.1%)Fiscal 2014: 4 of 19 loans charged off (21.1%)Fiscal 2015: 3 of 18 loans charged off (16.7%)Fiscal 2016: 3 of 26 loans charged off (11.5%)20082010201120122013201420152016
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
FY20062$40,000110few loans
FY20071$25,000010few loans
FY200810$351,40082020.0%
FY20097$1.8 million700few loans
FY201016$3.3 million15106.3%
FY201115$3.4 million132013.3%
FY201216$2.1 million142012.5%
FY201318$5.3 million162011.1%
FY201419$5.1 million154021.1%
FY201518$3.2 million153016.7%
FY201626$7.7 million233011.5%
FY20175$7.0 million401few loans
FY20186$1.3 million411few loans
FY20191$40,000100few loans

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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