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

How have SBA loans in Retail Bakeries turned out?

Of 2,580 loans approved in fiscal 2000 to 2021 (at least five years old), 398 (15.4%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Retail Bakeries appears on 3,398 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $898.8 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.
Retail BakeriesIndustry NAICS 311811 · 3,398 loans
15%of seasoned loans charged off
  1. Retail Bakeries appears on 3,398 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $898.8 million in gross approvals.
  2. Of 2,580 loans approved in fiscal 2000 to 2021 (at least five years old), 398 (15.4%) were charged off by the lender, against 15.6% 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%36%Fiscal 2000: 10 of 49 loans charged off (20.4%)Fiscal 2001: 17 of 96 loans charged off (17.7%)Fiscal 2002: 24 of 140 loans charged off (17.1%)Fiscal 2003: 26 of 178 loans charged off (14.6%)Fiscal 2004: 31 of 156 loans charged off (19.9%)Fiscal 2005: 43 of 171 loans charged off (25.1%)Fiscal 2006: 54 of 168 loans charged off (32.1%)Fiscal 2007: 50 of 183 loans charged off (27.3%)Fiscal 2008: 50 of 139 loans charged off (36.0%)Fiscal 2009: 13 of 67 loans charged off (19.4%)Fiscal 2010: 12 of 85 loans charged off (14.1%)Fiscal 2011: 10 of 104 loans charged off (9.6%)Fiscal 2012: 4 of 66 loans charged off (6.1%)Fiscal 2013: 4 of 76 loans charged off (5.3%)Fiscal 2014: 6 of 89 loans charged off (6.7%)Fiscal 2015: 5 of 100 loans charged off (5.0%)Fiscal 2016: 6 of 132 loans charged off (4.5%)Fiscal 2017: 13 of 121 loans charged off (10.7%)Fiscal 2018: 11 of 109 loans charged off (10.1%)Fiscal 2019: 5 of 113 loans charged off (4.4%)Fiscal 2020: 2 of 84 loans charged off (2.4%)Fiscal 2021: 2 of 154 loans charged off (1.3%)20002002200420062008201020122014201620182020
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
FY200049$8.4 million3910020.4%
FY200196$24.7 million7817117.7%
FY2002140$39.9 million11624017.1%
FY2003178$47.9 million15126114.6%
FY2004156$44.5 million12231319.9%
FY2005171$34.8 million12843025.1%
FY2006168$31.9 million11354132.1%
FY2007183$28.8 million13250127.3%
FY2008139$19.5 million8950036.0%
FY200967$8.2 million5313119.4%
FY201085$12.9 million7112214.1%
FY2011104$14.3 million931019.6%
FY201266$9.1 million62406.1%
FY201376$16.6 million68445.3%
FY201489$19.9 million82616.7%
FY2015100$26.5 million89565.0%
FY2016132$31.3 million1166104.5%
FY2017121$29.7 million87132110.7%
FY2018109$26.6 million86111210.1%
FY2019113$31.2 million745344.4%
FY202084$22.2 million552272.4%
FY2021154$55.2 million752771.3%
FY2022138$55.7 million37695too recent for a share
FY2023188$73.1 million483137too recent for a share
FY2024195$70.6 million252168too recent for a share
FY2025190$76.5 million70183too recent for a share
FY2026107$38.9 million10106too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California3054414.4%
New York2555421.2%
Texas1863719.9%
New Jersey1372518.3%
Pennsylvania13275.3%
Florida1302821.5%
Puerto Rico1211814.9%
Massachusetts1141311.4%
Illinois871820.7%
Michigan71811.3%
Ohio70912.9%
North Carolina6058.3%

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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