Small business loan default rates by industry

When people borrowed through the SBA's main loan program to start or buy a business, how often did the loan end up written off? Here is the answer for 497 industries, counted from the SBA's own records of every 7(a) loan approved in fiscal years 2010 to 2019.

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We haven't finished checking these counts against the SBA's files yet.

All industries, FY2010–2019

7.2%

34,554 of 478,963 loans were charged off. Every industry below is compared with this rate: 1.00× is the same, 2.00× is twice as often.

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Showing 497 of 497 industries.

SBA 7(a) loans approved FY2010–2019, by industry
Industry	NAICS code	Loans	Charged off	Rate	vs. all industries
Computer and Office Machine Repair and MaintenanceOur guide: In-Home Tech Help for Older Adults	811212	419	94	22.4%	3.11×
Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers	423620	276	55	19.9%	2.76×
Electronics Stores	443142	664	129	19.4%	2.69×
Cut and Sew Apparel Contractors	315210	122	21	17.2%	2.39×
Limousine Service	485320	671	115	17.1%	2.38×
Womenâs, Girlsâ, and Infantsâ Cut and Sew Apparel Manufacturing	315240	143	23	16.1%	2.23×
Dairy Product (except Dried or Canned) Merchant Wholesalers	424430	127	19	15.0%	2.07×
Business to Business Electronic Markets	425110	163	24	14.7%	2.04×
Taxi and Ridesharing Services	485310	260	38	14.6%	2.03×
All Other Transit and Ground Passenger Transportation	485999	349	51	14.6%	2.03×
Electronic Shopping and Mail-Order Houses	454110	924	134	14.5%	2.01×
Radio, Television, and Other Electronics Stores	443112	274	39	14.2%	1.97×
Special Needs Transportation	485991	304	43	14.1%	1.96×
Other Electronic and Precision Equipment Repair and Maintenance	811219	379	53	14.0%	1.94×
Appliance Repair and Maintenance	811412	330	46	13.9%	1.93×
All Other Health and Personal Care Stores	446199	684	94	13.7%	1.90×
Travel Agencies	561510	328	45	13.7%	1.90×
Exam Preparation and TutoringOur guide: Tutoring	611691	475	64	13.5%	1.87×
New Multifamily Housing Construction (except For-Sale Builders)	236116	228	30	13.2%	1.82×
Promoters of Performing Arts, Sports, and Similar Events without Facilities	711320	336	44	13.1%	1.82×
Department Stores (except Discount Department Stores)	452111	101	13	12.9%	1.78×
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)	541712	140	18	12.9%	1.78×
Advertising Material Distribution Services	541870	148	19	12.8%	1.78×
Direct Mail Advertising	541860	180	23	12.8%	1.77×
Amusement Arcades	713120	361	46	12.7%	1.77×
Other Electronic Parts and Equipment Merchant Wholesalers	423690	538	68	12.6%	1.75×
All Other Legal Services	541199	294	37	12.6%	1.74×
Diet and Weight Reducing Centers	812191	167	21	12.6%	1.74×
Used Car Dealers	441120	1,787	224	12.5%	1.74×
Automotive Transmission Repair	811113	224	28	12.5%	1.73×
Consumer Electronics and Appliances Rental	532210	152	19	12.5%	1.73×
Oil and Gas Pipeline and Related Structures Construction	237120	128	16	12.5%	1.73×
Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers	424330	917	114	12.4%	1.72×
Men's and Boys' Clothing and Furnishings Merchant Wholesalers	424320	242	30	12.4%	1.72×
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures	711410	170	21	12.4%	1.71×
Women's Clothing Stores	448120	1,493	183	12.3%	1.70×
Other Animal Food Manufacturing	311119	115	14	12.2%	1.69×
Shoe Stores	448210	576	70	12.2%	1.68×
Ambulance Services	621910	280	34	12.1%	1.68×
Building Inspection ServicesOur guide: Home Inspection	541350	313	38	12.1%	1.68×
Fruit and Vegetable Retailers	445230	265	32	12.1%	1.67×
Food (Health) Supplement Stores	446191	690	83	12.0%	1.67×
Specialized Freight (except Used Goods) Trucking, Long-Distance	484230	829	99	11.9%	1.66×
Sound Recording Studios	512240	151	18	11.9%	1.65×
Packaged Frozen Food Merchant Wholesalers	424420	193	23	11.9%	1.65×
Drugs and Druggists' Sundries Merchant Wholesalers	424210	496	59	11.9%	1.65×
Electronic Shopping	454111	1,581	188	11.9%	1.65×
Residential RemodelersOur guide: Handyman	236118	6,426	764	11.9%	1.65×
Passenger Car Rental	532111	152	18	11.8%	1.64×
Automobile Driving Schools	611692	154	18	11.7%	1.62×
Household Appliance Stores	443111	139	16	11.5%	1.60×
Wholesale Trade Agents and Brokers	425120	674	77	11.4%	1.58×
Home Furnishing Merchant Wholesalers	423220	430	49	11.4%	1.58×
All Other Publishers	511199	133	15	11.3%	1.56×
Investigation and Personal Background Check Services	561611	178	20	11.2%	1.56×
Family Clothing Stores	448140	552	62	11.2%	1.56×
All Other Travel Arrangement and Reservation Services	561599	116	13	11.2%	1.55×
Footwear Merchant Wholesalers	424340	125	14	11.2%	1.55×
Fresh Fruit and Vegetable Merchant Wholesalers	424480	376	42	11.2%	1.55×
Media Representatives	541840	117	13	11.1%	1.54×
Cosmetics, Beauty Supplies, and Perfume Stores	446120	1,025	113	11.0%	1.53×
Computer and Software Stores	443120	200	22	11.0%	1.52×
Tire and Tube Merchant Wholesalers	423130	110	12	10.9%	1.51×
Process, Physical Distribution, and Logistics Consulting Services	541614	498	54	10.8%	1.50×
All Other Miscellaneous Ambulatory Health Care Services	621999	369	40	10.8%	1.50×
All Other Business Support Services	561499	555	60	10.8%	1.50×
Mortgage and Nonmortgage Loan Brokers	522310	176	19	10.8%	1.50×
Convention and Trade Show Organizers	561920	179	19	10.6%	1.47×
Advertising Agencies	541810	1,116	118	10.6%	1.47×
Clothing Accessories Stores	448150	606	64	10.6%	1.46×
Document Preparation Services	561410	114	12	10.5%	1.46×
Scenic and Sightseeing Transportation, Land	487110	105	11	10.5%	1.45×
Meat Markets	445210	613	64	10.4%	1.45×
Periodical Publishers	511120	260	27	10.4%	1.44×
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers	423940	501	52	10.4%	1.44×
Automobile and Other Motor Vehicle Merchant Wholesalers	423110	454	47	10.4%	1.43×
Marketing Consulting Services	541613	1,880	194	10.3%	1.43×
Used Household and Office Goods Moving	484210	612	63	10.3%	1.43×
Financial Transactions Processing, Reserve, and Clearinghouse Activities	522320	107	11	10.3%	1.42×
Book Stores	451211	253	26	10.3%	1.42×
Heating Oil Dealers	454311	117	12	10.3%	1.42×
Fitness and Recreational Sports Centers	713940	7,329	750	10.2%	1.42×
Nonupholstered Wood Household Furniture Manufacturing	337122	196	20	10.2%	1.41×
Frozen Specialty Food Manufacturing	311412	108	11	10.2%	1.41×
Furniture Stores	442110	1,253	127	10.1%	1.40×
Painting and Wall Covering ContractorsOur guide: Residential Painting	238320	1,853	187	10.1%	1.40×
Ice Cream and Frozen Dessert Manufacturing	311520	228	23	10.1%	1.40×
Janitorial ServicesOur guide: Residential Cleaning, Window Cleaning, Short-Term Rental Turnover and Co-Hosting, Commercial Cleaning	561720	2,657	268	10.1%	1.40×
Sawmills	321113	219	22	10.0%	1.39×
Roofing Contractors	238160	1,480	148	10.0%	1.39×
Sign Manufacturing	339950	901	90	10.0%	1.38×
Automotive Glass Replacement Shops	811122	281	28	10.0%	1.38×
Supermarkets and Other Grocery Retailers (except Convenience Retailers)	445110	3,304	329	10.0%	1.38×
Sporting Goods Stores	451110	2,492	248	10.0%	1.38×
Tour Operators	561520	201	20	10.0%	1.38×
Other Business Service Centers (including Copy Shops)	561439	332	33	9.9%	1.38×
All Other General Merchandise Stores	452319	121	12	9.9%	1.37×
Administrative Management and General Management Consulting ServicesOur guide: Business Coaching and Consulting	541611	2,209	218	9.9%	1.37×
New Single-Family Housing Construction (except For-Sale Builders)	236115	2,650	261	9.8%	1.37×
General Freight Trucking, Long-Distance, Less Than Truckload	484122	428	42	9.8%	1.36×
Snack and Nonalcoholic Beverage Bars	722213	918	90	9.8%	1.36×
All Other Motor Vehicle Dealers	441229	102	10	9.8%	1.36×
Drycleaning and Laundry Services (except Coin-Operated)	812320	2,391	234	9.8%	1.36×
Hobby, Toy, and Game Stores	451120	678	66	9.7%	1.35×
All Other Insurance Related Activities	524298	206	20	9.7%	1.35×
Motorcycle, ATV, and All Other Motor Vehicle Dealers	441228	361	35	9.7%	1.34×
Other Services Related to Advertising	541890	527	51	9.7%	1.34×
Collection Agencies	561440	186	18	9.7%	1.34×
Consumer Electronics Repair and Maintenance	811211	207	20	9.7%	1.34×
Couriers and Express Delivery ServicesOur guide: Package Delivery Routes	492110	760	73	9.6%	1.33×
Freight Transportation Arrangement	488510	940	90	9.6%	1.33×
Limited-Service Restaurants	722513	12,336	1,181	9.6%	1.33×
Security Guards and Patrol Services	561612	481	46	9.6%	1.33×
Interior Design Services	541410	879	84	9.6%	1.32×
All Other General Merchandise Stores	452990	650	62	9.5%	1.32×
Power and Communication Line and Related Structures Construction	237130	409	39	9.5%	1.32×
Flight Training	611512	105	10	9.5%	1.32×
All Other Support Activities for Transportation	488999	411	39	9.5%	1.32×
All Other Miscellaneous Store Retailers (except Tobacco Stores)	453998	2,839	269	9.5%	1.31×
Specialized Freight (except Used Goods) Trucking, Local	484220	1,610	152	9.4%	1.31×
Other Grocery and Related Products Merchant Wholesalers	424490	1,084	102	9.4%	1.30×
Commercial Screen Printing	323113	840	79	9.4%	1.30×
Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers	424310	415	39	9.4%	1.30×
Mobile Food Services	722330	1,128	106	9.4%	1.30×
Pet and Pet Supplies Stores	453910	911	85	9.3%	1.29×
Construction Sand and Gravel Mining	212321	268	25	9.3%	1.29×
Fish and Seafood Merchant Wholesalers	424460	312	29	9.3%	1.29×
Metal Service Centers and Other Metal Merchant Wholesalers	423510	357	33	9.2%	1.28×
All Other Specialty Food Stores	445299	1,786	165	9.2%	1.28×
Men's Clothing Stores	448110	304	28	9.2%	1.28×
Nail Salons	812113	1,518	139	9.2%	1.27×
Sporting and Recreational Goods and Supplies Merchant Wholesalers	423910	810	74	9.1%	1.27×
Tobacco Stores	453991	493	45	9.1%	1.27×
Cosmetology and Barber Schools	611511	231	21	9.1%	1.26×
Toilet Preparation Manufacturing	325620	132	12	9.1%	1.26×
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel	331210	132	12	9.1%	1.26×
Other Specialized Design Services	541490	496	45	9.1%	1.26×
Other Clothing Stores	448190	1,312	119	9.1%	1.26×
Packaging and Labeling Services	561910	255	23	9.0%	1.25×
Other Personal Care Services	812199	3,138	283	9.0%	1.25×
Office Supplies and Stationery Stores	453210	400	36	9.0%	1.25×
Commercial Bakeries	311812	735	66	9.0%	1.24×
Precision Turned Product Manufacturing	332721	290	26	9.0%	1.24×
Residential Property Managers	531311	926	83	9.0%	1.24×
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers	423450	983	88	9.0%	1.24×
Office Administrative Services	561110	324	29	9.0%	1.24×
Independent Artists, Writers, and Performers	711510	694	62	8.9%	1.24×
Musical Groups and Artists	711130	112	10	8.9%	1.24×
Promoters of Performing Arts, Sports, and Similar Events with Facilities	711310	381	34	8.9%	1.24×
Jewelry and Silverware Manufacturing	339910	101	9	8.9%	1.24×
Claims Adjusting	524291	101	9	8.9%	1.24×
Commercial and Institutional Building Construction	236220	2,885	257	8.9%	1.23×
Snack and Nonalcoholic Beverage Bars	722515	3,224	287	8.9%	1.23×
Other Direct Selling Establishments	454390	1,396	124	8.9%	1.23×
Reupholstery and Furniture Repair	811420	181	16	8.8%	1.23×
Computer Training	611420	102	9	8.8%	1.22×
Confectionery and Nut Retailers	445292	295	26	8.8%	1.22×
General Line Grocery Merchant Wholesalers	424410	535	47	8.8%	1.22×
Human Resources Consulting Services	541612	342	30	8.8%	1.22×
Audio and Video Equipment Manufacturing	334310	137	12	8.8%	1.21×
Commercial Lithographic Printing	323110	389	34	8.7%	1.21×
All Other Amusement and Recreation Industries	713990	2,637	230	8.7%	1.21×
Other Professional Equipment and Supplies Merchant Wholesalers	423490	172	15	8.7%	1.21×
Used Merchandise Stores	453310	746	65	8.7%	1.21×
Children's and Infants' Clothing Stores	448130	379	33	8.7%	1.21×
Packing and Crating	488991	115	10	8.7%	1.21×
Other Management Consulting Services	541618	1,314	114	8.7%	1.20×
Locksmiths	561622	266	23	8.6%	1.20×
Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers	423860	243	21	8.6%	1.20×
Limited-Service Restaurants	722211	4,721	407	8.6%	1.19×
Full-Service Restaurants	722511	18,302	1,569	8.6%	1.19×
Caterers	722320	1,622	139	8.6%	1.19×
Tax Preparation Services	541213	1,181	101	8.6%	1.19×
Prefabricated Metal Building and Component Manufacturing	332311	117	10	8.5%	1.18×
All Other Personal ServicesOur guide: Home Organizing and Downsizing Help, Senior Move Management	812990	3,074	262	8.5%	1.18×
Apparel Accessories and Other Apparel Manufacturing	315990	272	23	8.5%	1.17×
Finish Carpentry Contractors	238350	1,268	107	8.4%	1.17×
General Freight Trucking, Long-Distance, Truckload	484121	7,961	669	8.4%	1.16×
Professional and Management Development Training	611430	322	27	8.4%	1.16×
Food Service Contractors	722310	979	82	8.4%	1.16×
Internet Publishing and Broadcasting and Web Search Portals	519130	251	21	8.4%	1.16×
Full-Service Restaurants	722110	6,880	575	8.4%	1.16×
Other Concrete Product Manufacturing	327390	156	13	8.3%	1.16×
Vocational Rehabilitation Services	624310	156	13	8.3%	1.16×
Sports Teams and Clubs	711211	108	9	8.3%	1.16×
Gift, Novelty, and Souvenir Stores	453220	1,094	91	8.3%	1.15×
General Freight Trucking, Local	484110	6,403	530	8.3%	1.15×
Other Individual and Family Services	624190	461	38	8.2%	1.14×
Furniture Merchant Wholesalers	423210	364	30	8.2%	1.14×
Other Services to Buildings and DwellingsOur guide: Pressure Washing, Gutter Cleaning and Guard Installation, Dryer Vent Cleaning, Pool Cleaning and Service	561790	1,375	113	8.2%	1.14×
Home and Garden Equipment Repair and Maintenance	811411	195	16	8.2%	1.14×
Child and Youth Services	624110	232	19	8.2%	1.14×
All Other Home Furnishings Stores	442299	738	60	8.1%	1.13×
Other Construction Material Merchant Wholesalers	423390	347	28	8.1%	1.12×
Flooring Contractors	238330	1,364	110	8.1%	1.12×
New Housing For-Sale Builders	236117	124	10	8.1%	1.12×
Tobacco Product and Electronic Cigarette Merchant Wholesalers	424940	124	10	8.1%	1.12×
Window Treatment Stores	442291	236	19	8.1%	1.12×
Photography Studios, Portrait	541921	685	55	8.0%	1.11×
Meat and Meat Product Merchant Wholesalers	424470	374	30	8.0%	1.11×
Baked Goods Retailers	445291	848	68	8.0%	1.11×
All Other Miscellaneous General Purpose Machinery Manufacturing	333999	362	29	8.0%	1.11×
Wine and Distilled Alcoholic Beverage Merchant Wholesalers	424820	426	34	8.0%	1.11×
Framing Contractors	238130	326	26	8.0%	1.11×
Beauty Salons	812112	6,923	551	8.0%	1.10×
Translation and Interpretation Services	541930	152	12	7.9%	1.09×
Glass and Glazing Contractors	238150	507	40	7.9%	1.09×
Jewelry Stores	448310	1,179	93	7.9%	1.09×
Other Building Equipment Contractors	238290	662	52	7.9%	1.09×
Other Commercial Equipment Merchant Wholesalers	423440	332	26	7.8%	1.09×
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers	423730	166	13	7.8%	1.09×
Florists	453110	806	63	7.8%	1.08×
Outdoor Advertising	541850	180	14	7.8%	1.08×
Outdoor Power Equipment Stores	444210	219	17	7.8%	1.08×
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers	423310	455	35	7.7%	1.07×
Other Technical and Trade Schools	611519	287	22	7.7%	1.06×
Educational Support Services	611710	745	57	7.7%	1.06×
Local Messengers and Local Delivery	492210	432	33	7.6%	1.06×
Retail Bakeries	311811	995	76	7.6%	1.06×
Other Foundation, Structure, and Building Exterior Contractors	238190	735	56	7.6%	1.06×
Chicken Egg Production	112310	420	32	7.6%	1.06×
Other Miscellaneous Nondurable Goods Merchant Wholesalers	424990	1,750	133	7.6%	1.05×
Floor Covering Stores	442210	712	54	7.6%	1.05×
Household Appliance Stores	443141	185	14	7.6%	1.05×
Graphic Design Services	541430	913	69	7.6%	1.05×
Computer Facilities Management Services	541513	252	19	7.5%	1.05×
Motor Vehicle Supplies and New Parts Merchant Wholesalers	423120	653	49	7.5%	1.04×
Computer Systems Design Services	541512	2,362	177	7.5%	1.04×
Recyclable Material Merchant Wholesalers	423930	654	49	7.5%	1.04×
Motion Picture and Video Production	512110	909	68	7.5%	1.04×
Outpatient Mental Health and Substance Abuse Centers	621420	269	20	7.4%	1.03×
Carpet and Upholstery Cleaning ServicesOur guide: Carpet and Upholstery Cleaning	561740	700	52	7.4%	1.03×
School and Employee Bus Transportation	485410	202	15	7.4%	1.03×
Vending Machine Operators	454210	798	59	7.4%	1.02×
Tile and Terrazzo Contractors	238340	501	37	7.4%	1.02×
Toy and Hobby Goods and Supplies Merchant Wholesalers	423920	326	24	7.4%	1.02×
Charter Bus Industry	485510	163	12	7.4%	1.02×
Drywall and Insulation Contractors	238310	1,020	75	7.4%	1.02×
All Other Miscellaneous Schools and Instruction	611699	1,144	84	7.3%	1.02×
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers	423430	327	24	7.3%	1.02×
All Other Automotive Repair and Maintenance	811198	955	70	7.3%	1.02×
Public Relations Agencies	541820	233	17	7.3%	1.01×
Home Health Care Services	621610	2,923	213	7.3%	1.01×
Other Miscellaneous Durable Goods Merchant Wholesalers	423990	2,026	147	7.3%	1.01×
Medical Laboratories	621511	444	32	7.2%	1.00×
Industrial and Personal Service Paper Merchant Wholesalers	424130	153	11	7.2%	1.00×
All Other Telecommunications	517919	362	26	7.2%	1.00×
New Car Dealers	441110	390	28	7.2%	1.00×
Electrical Contractors and Other Wiring Installation Contractors	238210	4,819	345	7.2%	0.99×
Security Systems Services (except Locksmiths)	561621	588	42	7.1%	0.99×
Paint and Wallpaper Retailers	444120	154	11	7.1%	0.99×
Cafeterias, Grill Buffets, and Buffets	722514	154	11	7.1%	0.99×
Automotive Parts and Accessories Stores	441310	1,725	123	7.1%	0.99×
All Other Specialty Trade Contractors	238990	6,763	481	7.1%	0.99×
All Other Support Services	561990	563	40	7.1%	0.98×
Pharmaceutical Preparation Manufacturing	325412	141	10	7.1%	0.98×
Nursery and Tree Production	111421	212	15	7.1%	0.98×
Book Publishers	511130	170	12	7.1%	0.98×
Stationery and Office Supplies Merchant Wholesalers	424120	156	11	7.1%	0.98×
Other Activities Related to Real Estate	531390	868	61	7.0%	0.97×
Fine Arts Schools	611610	854	60	7.0%	0.97×
Other Waste Collection	562119	285	20	7.0%	0.97×
Perishable Prepared Food Manufacturing	311991	157	11	7.0%	0.97×
Masonry Contractors	238140	916	64	7.0%	0.97×
Drinking Places (Alcoholic Beverages)	722410	3,464	242	7.0%	0.97×
Other Accounting ServicesOur guide: Bookkeeping Services	541219	1,375	96	7.0%	0.97×
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers	423610	620	43	6.9%	0.96×
Digital Printing	323115	101	7	6.9%	0.96×
Other Support Activities for Road Transportation	488490	290	20	6.9%	0.96×
Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers	424930	307	21	6.8%	0.95×
Offices of All Other Miscellaneous Health Practitioners	621399	1,989	136	6.8%	0.95×
Hardware Stores	444130	1,186	81	6.8%	0.95×
Other Personal and Household Goods Repair and Maintenance	811490	967	66	6.8%	0.95×
Home Centers	444110	176	12	6.8%	0.95×
Employment Placement Agencies	561311	971	66	6.8%	0.94×
Drilling Oil and Gas Wells	213111	103	7	6.8%	0.94×
Other Automotive Mechanical and Electrical Repair and Maintenance	811118	516	35	6.8%	0.94×
Siding Contractors	238170	236	16	6.8%	0.94×
Hardware Merchant Wholesalers	423710	267	18	6.7%	0.93×
Barber Shops	812111	1,009	68	6.7%	0.93×
Wood Kitchen Cabinet and Countertop Manufacturing	337110	579	39	6.7%	0.93×
Sewing, Needlework, and Piece Goods Stores	451130	297	20	6.7%	0.93×
Optical Goods Stores	446130	342	23	6.7%	0.93×
Motion Picture Theaters (except Drive-Ins)	512131	194	13	6.7%	0.93×
Tire Dealers	441320	627	42	6.7%	0.93×
Other Commercial Printing	323119	284	19	6.7%	0.93×
Commercial Photography	541922	300	20	6.7%	0.92×
All Other Transportation Equipment Manufacturing	336999	135	9	6.7%	0.92×
Other Warehousing and Storage	493190	105	7	6.7%	0.92×
All Other Professional, Scientific, and Technical Services	541990	3,444	229	6.6%	0.92×
Sporting and Athletic Goods Manufacturing	339920	346	23	6.6%	0.92×
All Other Outpatient Care Centers	621498	452	30	6.6%	0.92×
All Other Miscellaneous Food Manufacturing	311999	437	29	6.6%	0.92×
Amusement and Theme Parks	713110	196	13	6.6%	0.92×
Beer and Ale Merchant Wholesalers	424810	166	11	6.6%	0.92×
Sports and Recreation InstructionOur guide: Kids Sports and Enrichment	611620	1,665	110	6.6%	0.92×
Temporary Help Services	561320	607	40	6.6%	0.91×
Landscaping ServicesOur guide: Lawn Care	561730	6,884	451	6.6%	0.91×
Services for the Elderly and Persons with DisabilitiesOur guide: Non-Medical Home Care, Senior Living Placement and Referral Advisor	624120	734	48	6.5%	0.91×
All Other Consumer Goods Rental	532299	368	24	6.5%	0.90×
Custom Architectural Woodwork and Millwork Manufacturing	337212	230	15	6.5%	0.90×
General Automotive Repair	811111	6,667	434	6.5%	0.90×
Remediation Services	562910	507	33	6.5%	0.90×
Plumbing, Heating, and Air-Conditioning Contractors	238220	6,523	424	6.5%	0.90×
All Other Miscellaneous Wood Product Manufacturing	321999	402	26	6.5%	0.90×
Office Equipment Merchant Wholesalers	423420	186	12	6.5%	0.89×
Industrial Design Services	541420	124	8	6.5%	0.89×
Diagnostic Imaging Centers	621512	375	24	6.4%	0.89×
Materials Recovery Facilities	562920	125	8	6.4%	0.89×
All Other Miscellaneous Electrical Equipment and Component Manufacturing	335999	266	17	6.4%	0.89×
Motor Vehicle Towing	488410	897	57	6.4%	0.88×
Other Building Finishing Contractors	238390	1,043	66	6.3%	0.88×
Industrial Building Construction	236210	475	30	6.3%	0.88×
Convenience Stores	445120	3,112	196	6.3%	0.87×
All Other Miscellaneous Textile Product Mills	314999	175	11	6.3%	0.87×
Support Activities for Oil and Gas Operations	213112	772	48	6.2%	0.86×
Other Scientific and Technical Consulting Services	541690	1,144	71	6.2%	0.86×
Dental Laboratories	339116	403	25	6.2%	0.86×
All Other Miscellaneous Manufacturing	339999	1,136	70	6.2%	0.85×
Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers	423810	211	13	6.2%	0.85×
Motorcycle, ATV, and Personal Watercraft Dealers	441221	130	8	6.2%	0.85×
Nursery, Garden Center, and Farm Supply Stores	444220	766	47	6.1%	0.85×
Software Publishers	511210	524	32	6.1%	0.85×
Brick, Stone, and Related Construction Material Merchant Wholesalers	423320	279	17	6.1%	0.84×
Other Millwork (including Flooring)	321918	230	14	6.1%	0.84×
Wood Window and Door Manufacturing	321911	115	7	6.1%	0.84×
Other Computer Related Services	541519	2,298	139	6.0%	0.84×
Recreational Vehicle Dealers	441210	248	15	6.0%	0.84×
Payroll Services	541214	133	8	6.0%	0.83×
Water and Sewer Line and Related Structures Construction	237110	566	34	6.0%	0.83×
Farm Supplies Merchant Wholesalers	424910	250	15	6.0%	0.83×
Marketing Research and Public Opinion Polling	541910	201	12	6.0%	0.83×
Environmental Consulting Services	541620	503	30	6.0%	0.83×
Fabricated Structural Metal Manufacturing	332312	470	28	6.0%	0.83×
Offices of Chiropractors	621310	4,879	288	5.9%	0.82×
Bowling Centers	713950	544	32	5.9%	0.82×
Coffee and Tea Manufacturing	311920	340	20	5.9%	0.82×
Ready-Mix Concrete Manufacturing	327320	119	7	5.9%	0.82×
Telecommunications Resellers	517911	171	10	5.8%	0.81×
Cutting Tool and Machine Tool Accessory Manufacturing	333515	154	9	5.8%	0.81×
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance	811310	1,634	95	5.8%	0.81×
Pet Care (except Veterinary) ServicesOur guide: Pet Waste Removal, Dog Walking & Pet Sitting	812910	2,310	134	5.8%	0.80×
Offices of Real Estate Agents and Brokers	531210	1,813	105	5.8%	0.80×
Service Establishment Equipment and Supplies Merchant Wholesalers	423850	311	18	5.8%	0.80×
General Medical and Surgical Hospitals	622110	121	7	5.8%	0.80×
Logging	113310	677	39	5.8%	0.80×
Commercial Printing (except Screen and Books)	323111	1,412	81	5.7%	0.80×
Miscellaneous Financial Investment Activities	523999	157	9	5.7%	0.79×
Dog and Cat Food Manufacturing	311111	105	6	5.7%	0.79×
Poured Concrete Foundation and Structure Contractors	238110	1,508	86	5.7%	0.79×
Title Abstract and Settlement Offices	541191	193	11	5.7%	0.79×
Teleproduction and Other Postproduction Services	512191	159	9	5.7%	0.78×
Motor Vehicle Parts (Used) Merchant Wholesalers	423140	106	6	5.7%	0.78×
Other Apparel Accessories and Other Apparel Manufacturing	315999	124	7	5.6%	0.78×
Highway, Street, and Bridge Construction	237310	892	50	5.6%	0.78×
Soil Preparation, Planting, and Cultivating	115112	232	13	5.6%	0.78×
Musical Instrument and Supplies Stores	451140	450	25	5.6%	0.77×
Industrial Supplies Merchant Wholesalers	423840	432	24	5.6%	0.77×
Confectionery Merchant Wholesalers	424450	144	8	5.6%	0.77×
Other Snack Food Manufacturing	311919	164	9	5.5%	0.76×
Dairy Cattle and Milk Production	112120	201	11	5.5%	0.76×
Offices of Real Estate Appraisers	531320	202	11	5.4%	0.75×
Pharmacies and Drug Stores	446110	3,180	173	5.4%	0.75×
All Other Information Services	519190	277	15	5.4%	0.75×
Other Poultry Production	112390	314	17	5.4%	0.75×
Surgical and Medical Instrument Manufacturing	339112	204	11	5.4%	0.75×
Breweries	312120	2,152	116	5.4%	0.75×
Other Support Activities for Air Transportation	488190	167	9	5.4%	0.75×
Custom Computer Programming Services	541511	2,564	138	5.4%	0.75×
All Other Miscellaneous Fabricated Metal Product Manufacturing	332999	1,119	60	5.4%	0.74×
Other Building Material Dealers	444190	1,275	68	5.3%	0.74×
Automotive Oil Change and Lubrication Shops	811191	583	31	5.3%	0.74×
Offices of Mental Health Practitioners (except Physicians)	621330	941	50	5.3%	0.74×
Structural Steel and Precast Concrete Contractors	238120	323	17	5.3%	0.73×
Art Dealers	453920	285	15	5.3%	0.73×
Newspaper Publishers	511110	152	8	5.3%	0.73×
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services	518210	767	40	5.2%	0.72×
Wired Telecommunications Carriers	517110	173	9	5.2%	0.72×
Other Electronic Component Manufacturing	334419	154	8	5.2%	0.72×
Ornamental and Architectural Metal Work Manufacturing	332323	174	9	5.2%	0.72×
Freestanding Ambulatory Surgical and Emergency Centers	621493	332	17	5.1%	0.71×
Offices of Certified Public Accountants	541211	3,109	159	5.1%	0.71×
Support Activities for Forestry	115310	157	8	5.1%	0.71×
All Other Consumer Goods Rental	532289	118	6	5.1%	0.70×
Automotive Body, Paint, and Interior Repair and Maintenance	811121	2,427	123	5.1%	0.70×
Car Washes	811192	2,195	111	5.1%	0.70×
Dance Companies	711120	178	9	5.1%	0.70×
Cut Stone and Stone Product Manufacturing	327991	317	16	5.0%	0.70×
Fish and Seafood Markets	445220	160	8	5.0%	0.69×
Other Nonhazardous Waste Treatment and Disposal	562219	120	6	5.0%	0.69×
Machine Shops	332710	2,067	103	5.0%	0.69×
Industrial Mold Manufacturing	333511	162	8	4.9%	0.68×
Meat Processed from Carcasses	311612	142	7	4.9%	0.68×
Industrial Machinery and Equipment Merchant Wholesalers	423830	917	45	4.9%	0.68×
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing	333514	205	10	4.9%	0.68×
Paint and Coating Manufacturing	325510	124	6	4.8%	0.67×
Offices of Lawyers	541110	5,439	263	4.8%	0.67×
Plastics Materials and Basic Forms and Shapes Merchant Wholesalers	424610	104	5	4.8%	0.67×
Offices of Physicians, Mental Health Specialists	621112	667	32	4.8%	0.67×
General Warehousing and Storage	493110	271	13	4.8%	0.66×
Lessors of Other Real Estate Property	531190	313	15	4.8%	0.66×
Hardware Manufacturing	332510	105	5	4.8%	0.66×
Site Preparation Contractors	238910	2,827	134	4.7%	0.66×
Other Gasoline Stations	447190	169	8	4.7%	0.66×
Golf Courses and Country Clubs	713910	340	16	4.7%	0.65×
Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers	423720	234	11	4.7%	0.65×
Radio Stations	515112	149	7	4.7%	0.65×
Exterminating and Pest Control ServicesOur guide: Mosquito and Tick Control	561710	714	33	4.6%	0.64×
Distilleries	312140	348	16	4.6%	0.64×
Insurance Agencies and Brokerages	524210	4,340	199	4.6%	0.64×
Nursing Care Facilities (Skilled Nursing Facilities)	623110	439	20	4.6%	0.63×
Landscape Architectural Services	541320	992	45	4.5%	0.63×
Engineering Services	541330	2,798	125	4.5%	0.62×
Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers	332812	336	15	4.5%	0.62×
Recreational and Vacation Camps (except Campgrounds)	721214	112	5	4.5%	0.62×
Offices of Podiatrists	621391	471	21	4.5%	0.62×
Electroplating, Plating, Polishing, Anodizing, and Coloring	332813	204	9	4.4%	0.61×
Architectural Services	541310	1,093	48	4.4%	0.61×
Lessors of Residential Buildings and Dwellings	531110	228	10	4.4%	0.61×
Offices of Physicians (except Mental Health Specialists)	621111	6,968	303	4.3%	0.60×
Glass Product Manufacturing Made of Purchased Glass	327215	115	5	4.3%	0.60×
Wireless Telecommunications Carriers (except Satellite)	517210	231	10	4.3%	0.60×
All Other Plastics Product Manufacturing	326199	743	32	4.3%	0.60×
Offices of Physical, Occupational and Speech Therapists, and Audiologists	621340	2,375	102	4.3%	0.60×
Continuing Care Retirement Communities	623311	211	9	4.3%	0.59×
Facilities Support Services	561210	143	6	4.2%	0.58×
Beer, Wine, and Liquor Stores	445310	5,340	224	4.2%	0.58×
Boat Dealers	441222	264	11	4.2%	0.58×
Coin-Operated Laundries and Drycleaners	812310	1,665	69	4.1%	0.57×
Private Mail CentersOur guide: Mailbox and Shipping Store	561431	387	16	4.1%	0.57×
Welding and Soldering Equipment Manufacturing	333992	123	5	4.1%	0.56×
Other Heavy and Civil Engineering Construction	237990	675	27	4.0%	0.55×
Medicinal and Botanical Manufacturing	325411	100	4	4.0%	0.55×
Shellfish Fishing	114112	101	4	4.0%	0.55×
Water Supply and Irrigation Systems	221310	203	8	3.9%	0.55×
Surveying and Mapping (except Geophysical) Services	541370	331	13	3.9%	0.54×
Other Commercial and Industrial Machinery and Equipment Rental and Leasing	532490	690	27	3.9%	0.54×
Plate Work Manufacturing	332313	128	5	3.9%	0.54×
Linen Supply	812331	103	4	3.9%	0.54×
Machine Tool Manufacturing	333517	182	7	3.8%	0.53×
Wood Container and Pallet Manufacturing	321920	264	10	3.8%	0.53×
General Rental Centers	532310	317	12	3.8%	0.52×
Other Chemical and Allied Products Merchant Wholesalers	424690	292	11	3.8%	0.52×
Other Residential Care Facilities	623990	292	11	3.8%	0.52×
Child Care Services	624410	5,821	218	3.7%	0.52×
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)	424720	162	6	3.7%	0.51×
Theater Companies and Dinner Theaters	711110	108	4	3.7%	0.51×
Residential Mental Health and Substance Abuse Facilities	623220	190	7	3.7%	0.51×
Other Motor Vehicle Parts Manufacturing	336390	109	4	3.7%	0.51×
Boat Building	336612	109	4	3.7%	0.51×
Sheet Metal Work Manufacturing	332322	328	12	3.7%	0.51×
Solid Waste CollectionOur guide: Junk Removal	562111	803	29	3.6%	0.50×
Plastics Material and Resin Manufacturing	325211	139	5	3.6%	0.50×
Marinas	713930	223	8	3.6%	0.50×
Nonresidential Property Managers	531312	335	12	3.6%	0.50×
Research and Development in Biotechnology	541711	112	4	3.6%	0.50×
Wineries	312130	571	20	3.5%	0.49×
All Other Miscellaneous Crop Farming	111998	200	7	3.5%	0.49×
Other Commercial and Service Industry Machinery Manufacturing	333318	143	5	3.5%	0.48×
Portfolio Management	523920	230	8	3.5%	0.48×
Support Activities for Animal Production	115210	380	13	3.4%	0.47×
Broilers and Other Meat Type Chicken Production	112320	3,100	105	3.4%	0.47×
Scenic and Sightseeing Transportation, Water	487210	182	6	3.3%	0.46×
Gasoline Stations with Convenience Stores	447110	5,546	181	3.3%	0.45×
Farm and Garden Machinery and Equipment Merchant Wholesalers	423820	190	6	3.2%	0.44×
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing	532120	194	6	3.1%	0.43×
Recreational Goods Rental	532292	233	7	3.0%	0.42×
Testing Laboratories and Services	541380	448	13	2.9%	0.40×
Elementary and Secondary Schools	611110	462	13	2.8%	0.39×
All Other Miscellaneous Waste Management Services	562998	289	8	2.8%	0.38×
Bed-and-Breakfast Inns	721191	483	13	2.7%	0.37×
Offices of Dentists	621210	9,072	243	2.7%	0.37×
Offices of Other Holding Companies	551112	299	8	2.7%	0.37×
Other Aircraft Parts and Auxiliary Equipment Manufacturing	336413	151	4	2.6%	0.37×
Offices of Optometrists	621320	1,724	45	2.6%	0.36×
Cemeteries and Crematories	812220	116	3	2.6%	0.36×
Motorcycle, Bicycle, and Parts Manufacturing	336991	120	3	2.5%	0.35×
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing	532412	245	6	2.4%	0.34×
Hotels (except Casino Hotels) and Motels	721110	7,706	186	2.4%	0.33×
Septic Tank and Related Services	562991	345	8	2.3%	0.32×
Other Industrial Machinery Manufacturing	333249	175	4	2.3%	0.32×
Surgical Appliance and Supplies Manufacturing	339113	182	4	2.2%	0.30×
Veterinary Services	541940	3,951	84	2.1%	0.29×
Lessors of Nonresidential Buildings (except Miniwarehouses)	531120	1,815	38	2.1%	0.29×
Assisted Living Facilities for the Elderly	623312	1,153	24	2.1%	0.29×
RV (Recreational Vehicle) Parks and Campgrounds	721211	399	8	2.0%	0.28×
Funeral Homes and Funeral Services	812210	1,608	32	2.0%	0.28×
Industrial Valve Manufacturing	332911	106	2	1.9%	0.26×
Investment Advice	523930	1,979	36	1.8%	0.25×
All Other Traveler Accommodation	721199	120	2	1.7%	0.23×
Fuel Dealers	454310	214	3	1.4%	0.19×
All Other Miscellaneous Chemical Product and Preparation Manufacturing	325998	169	2	1.2%	0.16×
Private Households	814110	101	1	1.0%	0.14×
Beef Cattle Ranching and Farming	112111	310	3	1.0%	0.13×
Lessors of Miniwarehouses and Self-Storage Units	531130	979	7	0.7%	0.10×
Residential Intellectual and Developmental Disability Facilities	623210	128	0	0.0%	0.00×
Securities Brokerage	523120	104	0	0.0%	0.00×

Source for every row: the SBA's 7(a) loan-level data, our count by industry code.

Download the full table as a spreadsheet (CSV, about 230 KB) It also covers loans approved FY2000–2009 (including the 2008 recession), FY2020 onward, and the SBA's 504 loan program, with dollar amounts.

How we counted

What a charge-off is. When a borrower stops paying and the SBA gives up on collecting the rest, it writes off (charges off) the unpaid balance. It is the clearest sign in the data that a loan failed.
Which loans. Every 7(a) loan approved in fiscal years 2010 to 2019 (October 2009 to September 2019) that was actually paid out. Loans that were cancelled before any money changed hands are left out. Using a ten-year-old group gives most loans time to be paid off or written off.
Some loans are still open. 46,688 loans in this group were still being repaid when the SBA published its files. Some of them may still be charged off, so the final rate for an industry may be a little higher than shown.
Industry codes are broad. Each loan carries the borrower's NAICS industry code. One code can cover very different businesses: a home-based window cleaner and a large janitorial contractor can share a code. Older loans sometimes use older codes, so a few industries are split across rows.
SBA borrowers aren't every business. These are owners who qualified for a bank loan with an SBA guarantee. People who started with their own savings, or couldn't get a loan, aren't in the data. The rate is a loan outcome, not a business survival rate.
Small industries are left out. We only show industries with at least 100 loans, so one or two bad loans can't make an industry look risky.

The loan factor on each guide's Risk Meter uses these rates. How we score risk · All sources