How have SBA loans in Testing Laboratories turned out?
Of 1,001 loans approved in fiscal 2001 to 2021 (at least five years old), 66 (6.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Testing Laboratories appears on 1,191 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $461.9 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.
Testing Laboratories appears on 1,191 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $461.9 million in gross approvals.
Of 1,001 loans approved in fiscal 2001 to 2021 (at least five years old), 66 (6.6%) 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
51
$12.7 million
44
7
0
13.7%
FY2002
60
$14.0 million
58
2
0
3.3%
FY2003
57
$10.9 million
52
5
0
8.8%
FY2004
71
$18.9 million
65
6
0
8.5%
FY2005
54
$9.7 million
50
4
0
7.4%
FY2006
51
$9.1 million
45
6
0
11.8%
FY2007
60
$11.5 million
47
13
0
21.7%
FY2008
50
$5.9 million
45
5
0
10.0%
FY2009
27
$4.9 million
26
1
0
3.7%
FY2010
41
$11.4 million
36
5
0
12.2%
FY2011
45
$10.8 million
44
0
1
0.0%
FY2012
49
$21.5 million
45
3
1
6.1%
FY2013
50
$26.1 million
46
1
3
2.0%
FY2014
38
$19.6 million
36
0
2
0.0%
FY2015
48
$23.6 million
39
1
8
2.1%
FY2016
56
$25.7 million
48
0
8
0.0%
FY2017
39
$13.6 million
34
1
4
2.6%
FY2018
42
$30.4 million
33
2
7
4.8%
FY2019
40
$14.7 million
30
0
10
0.0%
FY2020
34
$22.4 million
16
1
17
2.9%
FY2021
38
$24.1 million
17
3
18
7.9%
FY2022
30
$21.5 million
10
0
20
too recent for a share
FY2023
44
$27.3 million
8
0
36
too recent for a share
FY2024
43
$26.1 million
4
0
39
too recent for a share
FY2025
47
$26.6 million
3
0
44
too recent for a share
FY2026
26
$18.7 million
0
0
26
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
122
10
8.2%
Texas
98
10
10.2%
Wisconsin
51
2
3.9%
Florida
45
4
8.9%
New York
42
1
2.4%
Washington
42
2
4.8%
Michigan
38
1
2.6%
Indiana
33
2
6.1%
Arizona
33
0
0.0%
Colorado
32
2
6.3%
New Jersey
32
0
0.0%
Massachusetts
32
1
3.1%
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.