How have SBA loans in Security Guards and Patrol Services turned out?
Of 1,012 loans approved in fiscal 2001 to 2021 (at least five years old), 183 (18.1%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Security Guards and Patrol Services appears on 1,311 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $280.2 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.
Security Guards and Patrol ServicesIndustry NAICS 561612 · 1,311 loans
18%of seasoned loans charged off
Security Guards and Patrol Services appears on 1,311 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $280.2 million in gross approvals.
Of 1,012 loans approved in fiscal 2001 to 2021 (at least five years old), 183 (18.1%) 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
22
$2.7 million
21
1
0
4.5%
FY2002
31
$4.8 million
28
3
0
9.7%
FY2003
53
$5.5 million
46
7
0
13.2%
FY2004
63
$9.1 million
50
13
0
20.6%
FY2005
69
$6.8 million
51
18
0
26.1%
FY2006
74
$8.6 million
42
32
0
43.2%
FY2007
83
$10.4 million
45
38
0
45.8%
FY2008
50
$5.1 million
35
15
0
30.0%
FY2009
21
$5.1 million
16
5
0
23.8%
FY2010
47
$8.3 million
39
8
0
17.0%
FY2011
46
$8.8 million
42
4
0
8.7%
FY2012
40
$6.8 million
32
5
3
12.5%
FY2013
27
$3.9 million
24
3
0
11.1%
FY2014
44
$8.3 million
41
2
1
4.5%
FY2015
65
$16.4 million
58
6
1
9.2%
FY2016
68
$10.3 million
63
2
3
2.9%
FY2017
45
$8.7 million
35
7
3
15.6%
FY2018
54
$11.8 million
44
3
7
5.6%
FY2019
45
$11.6 million
22
6
17
13.3%
FY2020
24
$6.1 million
18
1
5
4.2%
FY2021
41
$14.0 million
15
4
22
9.8%
FY2022
39
$14.9 million
13
3
23
too recent for a share
FY2023
44
$21.9 million
9
0
35
too recent for a share
FY2024
80
$22.5 million
13
1
66
too recent for a share
FY2025
87
$29.4 million
2
1
84
too recent for a share
FY2026
49
$18.3 million
1
0
48
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
229
49
21.4%
Texas
98
12
12.2%
Florida
72
20
27.8%
New York
58
8
13.8%
Puerto Rico
52
9
17.3%
Ohio
34
2
5.9%
Illinois
33
7
21.2%
Arizona
30
4
13.3%
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.