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

How have SBA loans in Shellfish Fishing turned out?

Of 440 loans approved in fiscal 2000 to 2021 (at least five years old), 221 (50.2%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Shellfish Fishing appears on 478 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $213.1 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.
Shellfish FishingIndustry NAICS 114112 · 478 loans
50%of seasoned loans charged off
  1. Shellfish Fishing appears on 478 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $213.1 million in gross approvals.
  2. Of 440 loans approved in fiscal 2000 to 2021 (at least five years old), 221 (50.2%) 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%80%Fiscal 2000: 39 of 73 loans charged off (53.4%)Fiscal 2001: 84 of 112 loans charged off (75.0%)Fiscal 2002: 86 of 108 loans charged off (79.6%)Fiscal 2003: 7 of 14 loans charged off (50.0%)Fiscal 2012: 0 of 10 loans charged off (0.0%)Fiscal 2013: 0 of 14 loans charged off (0.0%)Fiscal 2015: 1 of 18 loans charged off (5.6%)Fiscal 2016: 1 of 15 loans charged off (6.7%)Fiscal 2017: 0 of 12 loans charged off (0.0%)Fiscal 2020: 0 of 10 loans charged off (0.0%)Fiscal 2021: 0 of 10 loans charged off (0.0%)20002001200220032012201320152016201720202021
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
FY200073$35.3 million3439053.4%
FY2001112$66.3 million2884075.0%
FY2002108$75.1 million2286079.6%
FY200314$5.3 million77050.0%
FY20041$64,000100few loans
FY20053$839,000210few loans
FY20074$1.2 million400few loans
FY20081$50,000100few loans
FY20093$370,000300few loans
FY20107$1.3 million700few loans
FY20118$932,000620few loans
FY201210$1.0 million9010.0%
FY201314$2.1 million13010.0%
FY20149$1.4 million801few loans
FY201518$2.3 million16115.6%
FY201615$1.2 million14106.7%
FY201712$3.0 million11010.0%
FY20184$433,100400few loans
FY20194$401,000301few loans
FY202010$5.4 million4060.0%
FY202110$1.8 million5050.0%
FY20227$1.5 million304too recent for a share
FY20233$356,600003too recent for a share
FY202410$2.9 million415too recent for a share
FY202512$2.2 million2010too recent for a share
FY20266$321,300006too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
Mississippi1158876.5%
Louisiana1057975.2%
Texas504182.0%
Massachusetts45511.1%
Maine4412.3%

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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