Of 1,156 loans approved in fiscal 2000 to 2021 (at least five years old), 201 (17.4%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Tobacco Stores appears on 1,181 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2024, $159.5 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.
Tobacco StoresIndustry NAICS 453991 · 1,181 loans
17%of seasoned loans charged off
Tobacco Stores appears on 1,181 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2024, $159.5 million in gross approvals.
Of 1,156 loans approved in fiscal 2000 to 2021 (at least five years old), 201 (17.4%) 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
FY2000
17
$2.0 million
14
3
0
17.6%
FY2001
30
$2.3 million
24
6
0
20.0%
FY2002
39
$3.4 million
31
8
0
20.5%
FY2003
57
$3.8 million
48
9
0
15.8%
FY2004
62
$6.4 million
41
21
0
33.9%
FY2005
102
$9.0 million
73
29
0
28.4%
FY2006
89
$6.4 million
64
25
0
28.1%
FY2007
86
$9.1 million
54
32
0
37.2%
FY2008
66
$6.0 million
48
18
0
27.3%
FY2009
35
$4.8 million
30
5
0
14.3%
FY2010
16
$1.4 million
14
2
0
12.5%
FY2011
31
$6.2 million
29
2
0
6.5%
FY2012
40
$6.1 million
36
3
1
7.5%
FY2013
41
$6.2 million
36
4
1
9.8%
FY2014
61
$5.6 million
55
6
0
9.8%
FY2015
73
$7.4 million
64
8
1
11.0%
FY2016
65
$6.5 million
53
9
3
13.8%
FY2017
61
$13.6 million
48
4
9
6.6%
FY2018
54
$11.2 million
37
5
12
9.3%
FY2019
51
$7.9 million
35
2
14
3.9%
FY2020
45
$15.0 million
18
0
27
0.0%
FY2021
35
$13.1 million
14
0
21
0.0%
FY2022
23
$6.0 million
6
1
16
too recent for a share
FY2024
2
$70,000
0
0
2
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2000 to 2021)
Charged off
Share
California
184
28
15.2%
Michigan
101
34
33.7%
Washington
90
10
11.1%
Texas
67
11
16.4%
Pennsylvania
61
11
18.0%
Ohio
52
4
7.7%
Florida
41
7
17.1%
Illinois
39
8
20.5%
New York
36
4
11.1%
Arizona
30
8
26.7%
New Jersey
30
7
23.3%
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.