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

How have SBA loans in Women's Clothing Stores turned out?

Of 3,929 loans approved in fiscal 2000 to 2021 (at least five years old), 1,025 (26.1%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Women's Clothing Stores appears on 4,026 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $441.9 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.
Women's Clothing StoresIndustry NAICS 448120 · 4,026 loans
26%of seasoned loans charged off
  1. Women's Clothing Stores appears on 4,026 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $441.9 million in gross approvals.
  2. Of 3,929 loans approved in fiscal 2000 to 2021 (at least five years old), 1,025 (26.1%) 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%50%Fiscal 2000: 29 of 118 loans charged off (24.6%)Fiscal 2001: 20 of 91 loans charged off (22.0%)Fiscal 2002: 22 of 138 loans charged off (15.9%)Fiscal 2003: 45 of 167 loans charged off (26.9%)Fiscal 2004: 77 of 281 loans charged off (27.4%)Fiscal 2005: 128 of 364 loans charged off (35.2%)Fiscal 2006: 177 of 358 loans charged off (49.4%)Fiscal 2007: 203 of 402 loans charged off (50.5%)Fiscal 2008: 105 of 259 loans charged off (40.5%)Fiscal 2009: 22 of 107 loans charged off (20.6%)Fiscal 2010: 12 of 119 loans charged off (10.1%)Fiscal 2011: 19 of 128 loans charged off (14.8%)Fiscal 2012: 11 of 116 loans charged off (9.5%)Fiscal 2013: 15 of 119 loans charged off (12.6%)Fiscal 2014: 16 of 157 loans charged off (10.2%)Fiscal 2015: 19 of 199 loans charged off (9.5%)Fiscal 2016: 29 of 177 loans charged off (16.4%)Fiscal 2017: 21 of 176 loans charged off (11.9%)Fiscal 2018: 26 of 167 loans charged off (15.6%)Fiscal 2019: 15 of 135 loans charged off (11.1%)Fiscal 2020: 3 of 65 loans charged off (4.6%)Fiscal 2021: 11 of 86 loans charged off (12.8%)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
FY2000118$12.4 million8829124.6%
FY200191$8.1 million7120022.0%
FY2002138$12.3 million11622015.9%
FY2003167$14.9 million12245026.9%
FY2004281$20.8 million20077427.4%
FY2005364$19.7 million235128135.2%
FY2006358$22.1 million181177049.4%
FY2007402$33.2 million198203150.5%
FY2008259$21.0 million154105040.5%
FY2009107$11.2 million8522020.6%
FY2010119$11.2 million10612110.1%
FY2011128$15.7 million10619314.8%
FY2012116$20.6 million1021139.5%
FY2013119$16.7 million10315112.6%
FY2014157$15.1 million13616510.2%
FY2015199$25.1 million1731979.5%
FY2016177$25.7 million14229616.4%
FY2017176$25.5 million129212611.9%
FY2018167$34.7 million113262815.6%
FY2019135$18.9 million89153111.1%
FY202065$17.7 million383244.6%
FY202186$20.4 million38113712.8%
FY202259$10.0 million201029too recent for a share
FY202329$4.1 million3620too recent for a share
FY20247$4.6 million007too recent for a share
FY20252$105,000002too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California68326538.8%
New York3749926.5%
Texas2626926.3%
Florida1825630.8%
New Jersey1455235.9%
Illinois1293426.4%
Massachusetts1212520.7%
Ohio1172823.9%
Pennsylvania1111917.1%
Georgia933335.5%
Minnesota8655.8%
Louisiana741216.2%

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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