SHANE PIERSON · SBA DATA
SBA by Industry · Barber Shops

SBA Loans for Barber Shops

SBA has approved 2,601 7(a) loans worth $363M to Barber Shops businesses, and annual approvals have grown 3% versus the prior decade.

2,601
7(a) loans
$363M
Approved dollars
$139,408
Average loan size
#128
Rank among industries
+3%
Annualized vs prior decade
10.3%
Active-loan distress
31%
Franchise-branded

Barber Shops is the #128 most-funded business type in the SBA 7(a) record. Since 1991 the program has approved 2,601 such loans worth $363M, averaging $139,408 each. Annual approval volume has grown 3% between the FY2013-2019 period and FY2020-2026. 10.3% of the active book is delinquent, past due, or in liquidation.

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7(a) loans only, approved and not cancelled, gross basis, classified by borrower NAICS. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.