How have SBA loans in Sporting and Recreational Goods and Supplies Merchant Wholesalers turned out?
Of 1,736 loans approved in fiscal 2003 to 2021 (at least five years old), 297 (17.1%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Sporting and Recreational Goods and Supplies Merchant Wholesalers appears on 2,094 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $648.0 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.
Sporting and Recreational Goods and Supplies Merchant WholesalersIndustry NAICS 423910 · 2,094 loans
17%of seasoned loans charged off
Sporting and Recreational Goods and Supplies Merchant Wholesalers appears on 2,094 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $648.0 million in gross approvals.
Of 1,736 loans approved in fiscal 2003 to 2021 (at least five years old), 297 (17.1%) were charged off by the lender, against 15.7% 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
FY2003
66
$5.9 million
55
11
0
16.7%
FY2004
138
$17.0 million
109
29
0
21.0%
FY2005
155
$15.9 million
122
33
0
21.3%
FY2006
152
$22.8 million
98
54
0
35.5%
FY2007
126
$14.8 million
74
52
0
41.3%
FY2008
93
$14.7 million
63
30
0
32.3%
FY2009
53
$8.8 million
49
4
0
7.5%
FY2010
66
$14.9 million
57
8
1
12.1%
FY2011
105
$36.5 million
97
8
0
7.6%
FY2012
78
$25.0 million
74
4
0
5.1%
FY2013
103
$33.9 million
94
7
2
6.8%
FY2014
80
$24.4 million
74
5
1
6.3%
FY2015
107
$41.8 million
90
10
7
9.3%
FY2016
84
$33.7 million
66
12
6
14.3%
FY2017
72
$28.5 million
59
7
6
9.7%
FY2018
63
$41.5 million
42
7
14
11.1%
FY2019
52
$18.3 million
33
6
13
11.5%
FY2020
59
$24.5 million
36
5
18
8.5%
FY2021
84
$57.8 million
40
5
39
6.0%
FY2022
67
$36.2 million
19
3
45
too recent for a share
FY2023
67
$31.4 million
17
0
50
too recent for a share
FY2024
88
$39.6 million
10
0
78
too recent for a share
FY2025
89
$32.2 million
4
0
85
too recent for a share
FY2026
47
$27.6 million
1
0
46
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2003 to 2021)
Charged off
Share
California
279
49
17.6%
Florida
118
37
31.4%
Texas
104
29
27.9%
Minnesota
102
10
9.8%
New York
87
21
24.1%
Wisconsin
60
6
10.0%
Utah
56
7
12.5%
Michigan
54
4
7.4%
Ohio
54
6
11.1%
Pennsylvania
53
7
13.2%
Illinois
52
11
21.1%
Arizona
51
4
7.8%
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.