How have SBA loans in Tile and Terrazzo Contractors turned out?
Of 1,163 loans approved in fiscal 2003 to 2021 (at least five years old), 245 (21.1%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Tile and Terrazzo Contractors appears on 1,411 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $297.0 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.
Tile and Terrazzo ContractorsIndustry NAICS 238340 · 1,411 loans
21%of seasoned loans charged off
Tile and Terrazzo Contractors appears on 1,411 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $297.0 million in gross approvals.
Of 1,163 loans approved in fiscal 2003 to 2021 (at least five years old), 245 (21.1%) 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
22
$2.7 million
17
5
0
22.7%
FY2004
56
$6.7 million
44
12
0
21.4%
FY2005
103
$13.1 million
73
28
2
27.2%
FY2006
132
$16.6 million
78
54
0
40.9%
FY2007
148
$9.8 million
87
60
1
40.5%
FY2008
84
$8.4 million
48
36
0
42.9%
FY2009
42
$7.8 million
30
11
1
26.2%
FY2010
22
$4.4 million
21
1
0
4.5%
FY2011
38
$13.4 million
36
2
0
5.3%
FY2012
33
$10.0 million
32
1
0
3.0%
FY2013
39
$9.7 million
33
4
2
10.3%
FY2014
54
$15.0 million
47
2
5
3.7%
FY2015
66
$12.8 million
59
3
4
4.5%
FY2016
66
$18.7 million
63
2
1
3.0%
FY2017
65
$10.9 million
53
6
6
9.2%
FY2018
71
$9.1 million
56
10
5
14.1%
FY2019
47
$10.0 million
31
6
10
12.8%
FY2020
47
$10.5 million
27
1
19
2.1%
FY2021
28
$15.0 million
15
1
12
3.6%
FY2022
32
$8.9 million
3
2
27
too recent for a share
FY2023
48
$15.7 million
9
4
35
too recent for a share
FY2024
72
$25.3 million
9
2
61
too recent for a share
FY2025
62
$26.3 million
5
1
56
too recent for a share
FY2026
34
$16.4 million
0
0
34
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
173
40
23.1%
Florida
104
33
31.7%
New York
75
16
21.3%
Texas
74
13
17.6%
Utah
59
14
23.7%
Colorado
46
7
15.2%
Washington
42
11
26.2%
Massachusetts
37
4
10.8%
Arizona
35
14
40.0%
Michigan
34
2
5.9%
New Jersey
30
8
26.7%
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.