SBA loan outcome check · industry · SBA data as of 30 September 2026

How have SBA loans in Automobile and Other Motor Vehicle Merchant Wholesalers turned out?

Of 832 loans approved in fiscal 2003 to 2021 (at least five years old), 149 (17.9%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Automobile and Other Motor Vehicle Merchant Wholesalers appears on 984 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $448.8 million in gross approvals. These are loans, not a rating.

Not financial, legal or franchise advice. This page reports what the SBA's loan file records for SBA-guaranteed loans. A charge-off rate is not a rating of a brand or an industry, it does not predict a new loan, and a franchisee's loan is not a measure of the franchisor. Read the franchise's disclosure document and talk to a lender or an adviser before you borrow.

Automobile and Other Motor Vehicle Merchant WholesalersIndustry NAICS 423110 · 984 loans

18%of seasoned loans charged off

Automobile and Other Motor Vehicle Merchant Wholesalers appears on 984 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $448.8 million in gross approvals.
Of 832 loans approved in fiscal 2003 to 2021 (at least five years old), 149 (17.9%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years.
A charge-off is a loan the lender wrote off. It is not a statement about the borrower, the brand or the franchisor, and it does not predict how a new loan will turn out.

share of this group's loans charged off, by approval year (years with 10+ loans)all 7(a) loans, same year

Every approval year

Approval year	Loans	Approved	Paid in full	Charged off	Not yet resolved	Charged-off share
FY2003	22	$3.7 million	18	4	0	18.2%
FY2004	48	$10.1 million	39	9	0	18.8%
FY2005	53	$11.0 million	35	17	1	32.1%
FY2006	64	$8.1 million	40	24	0	37.5%
FY2007	63	$10.6 million	34	29	0	46.0%
FY2008	45	$8.4 million	31	13	1	28.9%
FY2009	20	$4.8 million	16	3	1	15.0%
FY2010	30	$9.1 million	25	5	0	16.7%
FY2011	35	$18.2 million	31	4	0	11.4%
FY2012	34	$18.9 million	30	3	1	8.8%
FY2013	45	$23.8 million	38	5	2	11.1%
FY2014	49	$24.1 million	41	5	3	10.2%
FY2015	61	$29.9 million	58	2	1	3.3%
FY2016	67	$29.9 million	53	9	5	13.4%
FY2017	48	$26.7 million	40	6	2	12.5%
FY2018	47	$21.8 million	35	6	6	12.8%
FY2019	38	$19.8 million	28	2	8	5.3%
FY2020	32	$25.1 million	22	3	7	9.4%
FY2021	31	$33.8 million	17	0	14	0.0%
FY2022	29	$28.5 million	13	4	12	too recent for a share
FY2023	43	$34.6 million	10	4	29	too recent for a share
FY2024	34	$13.9 million	3	1	30	too recent for a share
FY2025	35	$26.7 million	3	0	32	too recent for a share
FY2026	11	$7.6 million	0	0	11	too recent for a share

By state, where 30 or more loans are at least five years old

State	Loans (FY2003 to 2021)	Charged off	Share
California	208	26	12.5%
Texas	73	11	15.1%
Florida	54	15	27.8%
New York	42	9	21.4%

US Small Business Administration, 7(a) FOIA loan data as of 30 September 2026. SBA-guaranteed 7(a) loans only, aggregated; no borrower or lender is shown. SBA open data.

Where can you go from this record?

Open it in the check to search another brand or industry. Before you borrow for a business in this industry, read the FTC consumer guide to buying a franchise, the SBA guide to buying a franchise and SBA Lender Match.

Compiled and checked by Vincent Wesley Couey (ORCID 0009-0005-6869-308X) from the SBA 7(a) FOIA loan data, as of 30 September 2026. Not an official source.