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

How have SBA loans in Roofing Contractors turned out?

Of 2,633 loans approved in fiscal 2003 to 2021 (at least five years old), 402 (15.3%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Roofing Contractors appears on 3,977 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $1.2 billion 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.
Roofing ContractorsIndustry NAICS 238160 · 3,977 loans
15%of seasoned loans charged off
  1. Roofing Contractors appears on 3,977 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $1.2 billion in gross approvals.
  2. Of 2,633 loans approved in fiscal 2003 to 2021 (at least five years old), 402 (15.3%) were charged off by the lender, against 15.7% 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%35%Fiscal 2003: 1 of 23 loans charged off (4.3%)Fiscal 2004: 13 of 64 loans charged off (20.3%)Fiscal 2005: 43 of 166 loans charged off (25.9%)Fiscal 2006: 54 of 188 loans charged off (28.7%)Fiscal 2007: 71 of 202 loans charged off (35.1%)Fiscal 2008: 39 of 141 loans charged off (27.7%)Fiscal 2009: 17 of 81 loans charged off (21.0%)Fiscal 2010: 10 of 91 loans charged off (11.0%)Fiscal 2011: 12 of 129 loans charged off (9.3%)Fiscal 2012: 10 of 107 loans charged off (9.3%)Fiscal 2013: 13 of 128 loans charged off (10.2%)Fiscal 2014: 20 of 152 loans charged off (13.2%)Fiscal 2015: 15 of 176 loans charged off (8.5%)Fiscal 2016: 23 of 179 loans charged off (12.8%)Fiscal 2017: 14 of 181 loans charged off (7.7%)Fiscal 2018: 18 of 177 loans charged off (10.2%)Fiscal 2019: 13 of 160 loans charged off (8.1%)Fiscal 2020: 7 of 128 loans charged off (5.5%)Fiscal 2021: 9 of 160 loans charged off (5.6%)2003200520072009201120132015201720192021
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
FY200323$4.8 million22104.3%
FY200464$9.8 million5113020.3%
FY2005166$20.6 million12243125.9%
FY2006188$21.7 million13454028.7%
FY2007202$23.3 million13171035.1%
FY2008141$18.8 million10239027.7%
FY200981$14.1 million6317121.0%
FY201091$16.6 million7910211.0%
FY2011129$29.2 million1161219.3%
FY2012107$24.6 million951029.3%
FY2013128$25.8 million11013510.2%
FY2014152$33.4 million12820413.2%
FY2015176$37.0 million1561558.5%
FY2016179$39.1 million14923712.8%
FY2017181$35.9 million15214157.7%
FY2018177$53.2 million125183410.2%
FY2019160$61.9 million10213458.1%
FY2020128$56.3 million877345.5%
FY2021160$67.8 million829695.6%
FY2022221$99.1 million676148too recent for a share
FY2023271$118.5 million496216too recent for a share
FY2024292$111.3 million377248too recent for a share
FY2025340$169.4 million202318too recent for a share
FY2026220$102.4 million10219too recent for a share

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

StateLoans (FY2003 to 2021)Charged offShare
Texas2623814.5%
California2314820.8%
Ohio2102913.8%
Colorado1513019.9%
Florida1262519.8%
New York1131815.9%
Pennsylvania1071413.1%
Michigan891112.4%
Illinois85910.6%
Massachusetts7956.3%
Wisconsin781620.5%
Washington76810.5%

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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