Leather Products
SBA loan performance data based on 746 resolved loans
Franchise vs Independent Comparison
| Metric | All Businesses |
|---|---|
| Default Rate (resolved-loan basis) | 20.9% |
| Avg Loan Size | $242K |
| Resolved Loans | 746 |
| Chargeoffs | 156 |
Default Rate Comparison (resolved-loan basis)
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About SBA Loans for Leather Products
The Leather Products sector (NAICS 316) has 746 resolved SBA loans in our database with an overall default rate of 20.9%. This is above the national average, suggesting higher risk for SBA lenders in this sector.
The average SBA loan size in this sector is $242K.
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