How have SBA loans in Residential Property Managers turned out?
Of 2,296 loans approved in fiscal 2001 to 2021 (at least five years old), 571 (24.9%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Residential Property Managers appears on 3,166 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $653.3 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.
Residential Property Managers appears on 3,166 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $653.3 million in gross approvals.
Of 2,296 loans approved in fiscal 2001 to 2021 (at least five years old), 571 (24.9%) 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
27
$2.7 million
22
5
0
18.5%
FY2002
33
$4.0 million
28
5
0
15.2%
FY2003
73
$6.1 million
57
16
0
21.9%
FY2004
104
$5.0 million
80
24
0
23.1%
FY2005
143
$8.5 million
102
41
0
28.7%
FY2006
230
$15.1 million
104
126
0
54.8%
FY2007
333
$14.1 million
144
186
3
55.9%
FY2008
149
$7.4 million
87
62
0
41.6%
FY2009
56
$6.4 million
45
11
0
19.6%
FY2010
71
$5.6 million
61
10
0
14.1%
FY2011
50
$8.3 million
46
3
1
6.0%
FY2012
53
$12.5 million
49
3
1
5.7%
FY2013
63
$8.8 million
57
3
3
4.8%
FY2014
77
$16.2 million
68
7
2
9.1%
FY2015
104
$17.9 million
94
5
5
4.8%
FY2016
137
$23.9 million
125
7
5
5.1%
FY2017
148
$34.0 million
108
19
21
12.8%
FY2018
133
$27.7 million
90
15
28
11.3%
FY2019
90
$24.0 million
52
11
27
12.2%
FY2020
106
$38.8 million
52
7
47
6.6%
FY2021
116
$51.4 million
57
5
54
4.3%
FY2022
136
$44.4 million
42
14
80
too recent for a share
FY2023
164
$45.2 million
26
10
128
too recent for a share
FY2024
218
$61.1 million
27
4
187
too recent for a share
FY2025
207
$87.0 million
11
1
195
too recent for a share
FY2026
145
$77.2 million
1
0
144
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
310
73
23.5%
Florida
216
64
29.6%
New York
177
51
28.8%
Ohio
139
31
22.3%
Texas
132
29
22.0%
Illinois
107
52
48.6%
Colorado
96
19
19.8%
Michigan
83
35
42.2%
Pennsylvania
81
21
25.9%
Georgia
78
43
55.1%
Massachusetts
76
12
15.8%
Missouri
54
12
22.2%
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.