How have SBA loans in Wholesale Trade Agents and Brokers turned out?
Of 1,259 loans approved in fiscal 2003 to 2021 (at least five years old), 237 (18.8%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Wholesale Trade Agents and Brokers appears on 1,669 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $612.3 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.
Wholesale Trade Agents and BrokersIndustry NAICS 425120 · 1,669 loans
19%of seasoned loans charged off
Wholesale Trade Agents and Brokers appears on 1,669 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $612.3 million in gross approvals.
Of 1,259 loans approved in fiscal 2003 to 2021 (at least five years old), 237 (18.8%) 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
33
$3.6 million
27
6
0
18.2%
FY2004
66
$7.1 million
57
9
0
13.6%
FY2005
93
$14.2 million
54
38
1
40.9%
FY2006
81
$12.9 million
50
31
0
38.3%
FY2007
115
$20.3 million
67
48
0
41.7%
FY2008
66
$14.3 million
48
18
0
27.3%
FY2009
37
$11.0 million
34
3
0
8.1%
FY2010
44
$10.1 million
41
3
0
6.8%
FY2011
78
$21.0 million
74
4
0
5.1%
FY2012
62
$34.1 million
53
8
1
12.9%
FY2013
65
$24.8 million
63
2
0
3.1%
FY2014
81
$26.6 million
76
5
0
6.2%
FY2015
83
$17.8 million
68
14
1
16.9%
FY2016
77
$33.8 million
61
10
6
13.0%
FY2017
69
$30.2 million
53
10
6
14.5%
FY2018
65
$31.3 million
43
10
12
15.4%
FY2019
50
$27.5 million
28
11
11
22.0%
FY2020
44
$28.8 million
27
1
16
2.3%
FY2021
50
$40.0 million
28
6
16
12.0%
FY2022
60
$27.1 million
14
4
42
too recent for a share
FY2023
75
$43.5 million
15
3
57
too recent for a share
FY2024
106
$35.1 million
15
1
90
too recent for a share
FY2025
98
$47.0 million
8
2
88
too recent for a share
FY2026
71
$50.2 million
0
0
71
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
210
58
27.6%
Florida
124
37
29.8%
Texas
101
18
17.8%
New York
93
18
19.4%
New Jersey
67
14
20.9%
Illinois
55
10
18.2%
Pennsylvania
55
9
16.4%
Minnesota
49
5
10.2%
Ohio
42
6
14.3%
Massachusetts
36
3
8.3%
Utah
35
7
20.0%
Georgia
31
8
25.8%
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.