The record behind Lendistry SBLC, LLC

Lendistry SBLC, LLC has 3,969 loans and $827.3 million of gross dollars approved in SBA's FY2017 to FY2026 files. All are SBA 7(a), and SBA lists Lendistry SBLC, LLC under CA. The page repeats what SBA publishes: these are loans the lender holds or once held, the guarantee is the agency's, and 7(a) loans appear under the current or last holder. It is a record of holdings, not a profile of the company's practices.

Restaurants and personal services

Outside the named classes sit 3,303 of the loans. The rest are led by the full-service restaurant with 163 loans, the limited-service restaurant with 74, the beauty salon with 66, automotive repair with 48 and the fitness center with 42. California holds 1,482 loans, New York 371, Florida 333, Texas 316, Georgia 137 and Illinois 132. The list reaches well beyond California, so the holdings are not confined to the state of record.

After approval: cancellations and charge-offs

Approvals from FY2017 to FY2024: 3.7% cancelled at the least. 3.7% once undisbursed loans count as cancelled, so no gap opens. Disbursed FY2017 through FY2021: 163 loans. Charge-off floor as of the data: 25.2%. Within five years of approval: 14.7%. Open loans at Lendistry SBLC, LLC may yet fail.

Where a study fits

A restaurant project is the nearest match to this record, and the work should test sales per seat, kitchen labour and the rent the site can carry. For a beauty salon, the question is chair count, booked hours and stylist retention. For an automotive shop it is bay count, labour hours sold and the property beneath the building. Since 3,303 loans have no named class, a borrower with another kind of property must make the case from the site and the market. In every case, cash flow against debt service must be shown under a central case and a stressed case, and the value assumed has to survive an appraisal. The small cohort also deserves a plain caution. A charge-off floor of 25.2% across 163 loans is a statement about those loans, and it should lead a borrower to ask what happens in the project if opening sales fall short of the forecast, long before any lender asks.

SBA loans held by Lendistry SBLC, LLC

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY2026	3,969
Gross dollars approved	$827.3 million
SBA 7(a) loans	3,969
SBA 504 loans	0

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	3.7%
The same, counting loans still undisbursed as cancelled (a ceiling)	3.7%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	25.2%
Charged off within five years of approval	14.7%
Loans in that cohort	163

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	3,303
Full-service restaurant	163
Limited-service restaurant	74
Beauty salon	66
Automotive mechanical repair (car and truck)	48
Fitness center	42
Child care center	42
Dental office	33
Coffee shop and snack bar	31
Grocery store	26
Rehabilitation and therapy clinic	23
Medical office (physicians)	17
Caterers (includes banquet halls with catering staff)	15
Liquor store	15
Gas station and truck stop	11
Beverage manufacturing (breweries, wineries, distilleries)	11
Behavioral health and addiction treatment	7
Data center	6
Assisted living (without nursing care)	5
Warehouse and distribution	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or area	Loans
California	1,482
New York	371
Florida	333
Texas	316
Georgia	137
Illinois	132
Washington	79
Arizona	77
New Jersey	74
North Carolina	72
Pennsylvania	71
Colorado	68
Ohio	61
Virginia	59
Maryland	52
Tennessee	41
Michigan	38
Massachusetts	37
Oregon	37
South Carolina	37
Nevada	33
Indiana	28
Alabama	26
Louisiana	25
Wisconsin	23
Utah	21
Connecticut	18
Kansas	18
Kentucky	18
Missouri	18
Iowa	17
Hawaii	16
Minnesota	16
Arkansas	15
Mississippi	13
New Mexico	12
District of Columbia	11
Oklahoma	10
Nebraska	9
Montana	8
Delaware	7
Idaho	7
Rhode Island	5

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-name-lendistry-sblc.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Lendistry SBLC, LLC or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Lendistry SBLC, LLC: SBA Lending Record