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

How have SBA loans in Veterinary Services turned out?

Of 7,909 loans approved in fiscal 2000 to 2021 (at least five years old), 329 (4.2%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Veterinary Services appears on 8,918 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $6.5 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.
Veterinary ServicesIndustry NAICS 541940 · 8,918 loans
4%of seasoned loans charged off
  1. Veterinary Services appears on 8,918 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $6.5 billion in gross approvals.
  2. Of 7,909 loans approved in fiscal 2000 to 2021 (at least five years old), 329 (4.2%) 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%15%Fiscal 2000: 5 of 214 loans charged off (2.3%)Fiscal 2001: 7 of 224 loans charged off (3.1%)Fiscal 2002: 10 of 313 loans charged off (3.2%)Fiscal 2003: 18 of 382 loans charged off (4.7%)Fiscal 2004: 21 of 411 loans charged off (5.1%)Fiscal 2005: 39 of 446 loans charged off (8.7%)Fiscal 2006: 41 of 415 loans charged off (9.9%)Fiscal 2007: 48 of 348 loans charged off (13.8%)Fiscal 2008: 39 of 375 loans charged off (10.4%)Fiscal 2009: 15 of 325 loans charged off (4.6%)Fiscal 2010: 8 of 388 loans charged off (2.1%)Fiscal 2011: 12 of 488 loans charged off (2.5%)Fiscal 2012: 8 of 409 loans charged off (2.0%)Fiscal 2013: 10 of 389 loans charged off (2.6%)Fiscal 2014: 14 of 404 loans charged off (3.5%)Fiscal 2015: 8 of 444 loans charged off (1.8%)Fiscal 2016: 10 of 438 loans charged off (2.3%)Fiscal 2017: 9 of 423 loans charged off (2.1%)Fiscal 2018: 2 of 318 loans charged off (0.6%)Fiscal 2019: 3 of 250 loans charged off (1.2%)Fiscal 2020: 1 of 206 loans charged off (0.5%)Fiscal 2021: 1 of 299 loans charged off (0.3%)20002002200420062008201020122014201620182020
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
FY2000214$78.2 million209502.3%
FY2001224$82.2 million216713.1%
FY2002313$121.6 million3021013.2%
FY2003382$129.8 million3591854.7%
FY2004411$161.5 million3842165.1%
FY2005446$209.8 million4023958.7%
FY2006415$242.1 million35941159.9%
FY2007348$194.9 million290481013.8%
FY2008375$261.3 million316392010.4%
FY2009325$214.6 million29115194.6%
FY2010388$229.8 million3698112.1%
FY2011488$293.8 million45612202.5%
FY2012409$273.9 million3758262.0%
FY2013389$262.8 million33710422.6%
FY2014404$296.8 million34714433.5%
FY2015444$325.4 million3828541.8%
FY2016438$328.7 million37410542.3%
FY2017423$366.9 million3309842.1%
FY2018318$290.3 million2502660.6%
FY2019250$237.4 million1753721.2%
FY2020206$199.1 million1201850.5%
FY2021299$379.6 million12911690.3%
FY2022206$239.4 million690137too recent for a share
FY2023158$232.3 million393116too recent for a share
FY2024213$287.8 million190194too recent for a share
FY2025292$401.9 million100282too recent for a share
FY2026140$161.0 million20138too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California783324.1%
Texas679274.0%
Florida657335.0%
New York338103.0%
Georgia328247.3%
Colorado306154.9%
Ohio286134.5%
Pennsylvania26793.4%
North Carolina250135.2%
Michigan249156.0%
Arizona22194.1%
Washington21983.6%

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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