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

How have SBA loans in Automotive Body, Paint, and Interior Repair and Maintenance turned out?

Of 6,754 loans approved in fiscal 2000 to 2021 (at least five years old), 972 (14.4%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Automotive Body, Paint, and Interior Repair and Maintenance appears on 7,997 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.7 billion 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.
Automotive Body, Paint, and Interior Repair and MaintenanceIndustry NAICS 811121 · 7,997 loans
14%of seasoned loans charged off
  1. Automotive Body, Paint, and Interior Repair and Maintenance appears on 7,997 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.7 billion in gross approvals.
  2. Of 6,754 loans approved in fiscal 2000 to 2021 (at least five years old), 972 (14.4%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years.
  3. 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.
0%35%Fiscal 2000: 31 of 286 loans charged off (10.8%)Fiscal 2001: 32 of 289 loans charged off (11.1%)Fiscal 2002: 50 of 405 loans charged off (12.3%)Fiscal 2003: 52 of 447 loans charged off (11.6%)Fiscal 2004: 75 of 429 loans charged off (17.5%)Fiscal 2005: 138 of 519 loans charged off (26.6%)Fiscal 2006: 174 of 517 loans charged off (33.7%)Fiscal 2007: 169 of 485 loans charged off (34.8%)Fiscal 2008: 87 of 316 loans charged off (27.5%)Fiscal 2009: 34 of 208 loans charged off (16.3%)Fiscal 2010: 16 of 263 loans charged off (6.1%)Fiscal 2011: 6 of 232 loans charged off (2.6%)Fiscal 2012: 6 of 164 loans charged off (3.7%)Fiscal 2013: 7 of 193 loans charged off (3.6%)Fiscal 2014: 8 of 216 loans charged off (3.7%)Fiscal 2015: 20 of 301 loans charged off (6.6%)Fiscal 2016: 18 of 294 loans charged off (6.1%)Fiscal 2017: 16 of 285 loans charged off (5.6%)Fiscal 2018: 11 of 260 loans charged off (4.2%)Fiscal 2019: 15 of 219 loans charged off (6.8%)Fiscal 2020: 6 of 215 loans charged off (2.8%)Fiscal 2021: 1 of 211 loans charged off (0.5%)20002002200420062008201020122014201620182020
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 yearLoansApprovedPaid in fullCharged offNot yet resolvedCharged-off share
FY2000286$67.2 million25531010.8%
FY2001289$68.8 million25732011.1%
FY2002405$95.2 million35050512.3%
FY2003447$70.5 million39452111.6%
FY2004429$71.7 million35375117.5%
FY2005519$83.1 million374138726.6%
FY2006517$89.4 million3301741333.7%
FY2007485$91.6 million310169634.8%
FY2008316$71.7 million22187827.5%
FY2009208$41.3 million17134316.3%
FY2010263$71.7 million2381696.1%
FY2011232$85.8 million2156112.6%
FY2012164$49.1 million1486103.7%
FY2013193$66.2 million1737133.6%
FY2014216$62.1 million1908183.7%
FY2015301$129.5 million25320286.6%
FY2016294$97.4 million24418326.1%
FY2017285$137.6 million21016595.6%
FY2018260$132.8 million17511744.2%
FY2019219$88.7 million13215726.8%
FY2020215$118.7 million1186912.8%
FY2021211$146.3 million8411260.5%
FY2022173$119.5 million395129too recent for a share
FY2023215$131.1 million396170too recent for a share
FY2024297$143.1 million233271too recent for a share
FY2025343$206.2 million70336too recent for a share
FY2026215$119.9 million00215too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California1,07616515.3%
Texas5138216.0%
New York3244513.9%
Florida3218426.2%
Pennsylvania281258.9%
Ohio2623914.9%
Massachusetts247208.1%
Illinois2123215.1%
Michigan2004924.5%
New Jersey1892111.1%
Colorado189189.5%
Washington1671710.2%

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.

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