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

How have SBA loans in Sports and Recreation Instruction turned out?

Of 3,249 loans approved in fiscal 2001 to 2021 (at least five years old), 413 (12.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Sports and Recreation Instruction appears on 4,471 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $1.4 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.
Sports and Recreation InstructionIndustry NAICS 611620 · 4,471 loans
13%of seasoned loans charged off
  1. Sports and Recreation Instruction appears on 4,471 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $1.4 billion in gross approvals.
  2. Of 3,249 loans approved in fiscal 2001 to 2021 (at least five years old), 413 (12.7%) 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%35%Fiscal 2001: 7 of 68 loans charged off (10.3%)Fiscal 2002: 10 of 83 loans charged off (12.0%)Fiscal 2003: 24 of 142 loans charged off (16.9%)Fiscal 2004: 28 of 170 loans charged off (16.5%)Fiscal 2005: 40 of 199 loans charged off (20.1%)Fiscal 2006: 49 of 182 loans charged off (26.9%)Fiscal 2007: 63 of 178 loans charged off (35.4%)Fiscal 2008: 41 of 144 loans charged off (28.5%)Fiscal 2009: 28 of 137 loans charged off (20.4%)Fiscal 2010: 12 of 172 loans charged off (7.0%)Fiscal 2011: 13 of 158 loans charged off (8.2%)Fiscal 2012: 8 of 99 loans charged off (8.1%)Fiscal 2013: 4 of 138 loans charged off (2.9%)Fiscal 2014: 11 of 161 loans charged off (6.8%)Fiscal 2015: 5 of 148 loans charged off (3.4%)Fiscal 2016: 9 of 178 loans charged off (5.1%)Fiscal 2017: 17 of 212 loans charged off (8.0%)Fiscal 2018: 20 of 231 loans charged off (8.7%)Fiscal 2019: 11 of 168 loans charged off (6.5%)Fiscal 2020: 8 of 117 loans charged off (6.8%)Fiscal 2021: 5 of 164 loans charged off (3.0%)20012003200520072009201120132015201720192021
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
FY200168$12.5 million617010.3%
FY200283$11.1 million7310012.0%
FY2003142$16.9 million11824016.9%
FY2004170$14.4 million14128116.5%
FY2005199$16.8 million15940020.1%
FY2006182$19.3 million13349026.9%
FY2007178$19.2 million11563035.4%
FY2008144$17.3 million10141228.5%
FY2009137$20.4 million10828120.4%
FY2010172$35.7 million1541267.0%
FY2011158$35.2 million1411348.2%
FY201299$14.9 million88838.1%
FY2013138$40.6 million127472.9%
FY2014161$48.0 million1451156.8%
FY2015148$45.9 million1335103.4%
FY2016178$57.2 million1589115.1%
FY2017212$97.2 million14717488.0%
FY2018231$98.7 million15920528.7%
FY2019168$62.6 million10711506.5%
FY2020117$62.7 million688416.8%
FY2021164$107.0 million705893.0%
FY2022196$104.6 million622132too recent for a share
FY2023205$76.5 million315169too recent for a share
FY2024255$105.5 million222231too recent for a share
FY2025306$153.0 million101295too recent for a share
FY2026260$135.4 million00260too recent for a share

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

StateLoans (FY2001 to 2021)Charged offShare
California3365616.7%
Texas2893311.4%
New York201157.5%
New Jersey1682816.7%
Florida1512415.9%
Ohio1491711.4%
Illinois1241612.9%
Pennsylvania1221512.3%
Massachusetts1181210.2%
Michigan961010.4%
Utah9299.8%
Minnesota8778.1%

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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