NAICS 514
SBA loan performance data based on 1,644 resolved loans
Franchise vs Independent Comparison
| Metric | All Businesses |
|---|---|
| Default Rate (resolved-loan basis) | 22.5% |
| Avg Loan Size | $110K |
| Resolved Loans | 1,644 |
| Chargeoffs | 370 |
Default Rate Comparison (resolved-loan basis)
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About SBA Loans for NAICS 514
The NAICS 514 sector (NAICS 514) has 1,644 resolved SBA loans in our database with an overall default rate of 22.5%. This is above the national average, suggesting higher risk for SBA lenders in this sector.
The average SBA loan size in this sector is $110K.
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