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

How have SBA loans in Coastal and Great Lakes Passenger Transportation turned out?

Of 30 loans approved in fiscal 2001 to 2020 (at least five years old), 4 (13.3%) were charged off by the lender, against 16.1% across all 7(a) loans approved in those same years. Coastal and Great Lakes Passenger Transportation appears on 33 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2023, $15.7 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.
Coastal and Great Lakes Passenger TransportationIndustry NAICS 483114 · 33 loans
13%of seasoned loans charged off
  1. Coastal and Great Lakes Passenger Transportation appears on 33 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2023, $15.7 million in gross approvals.
  2. Of 30 loans approved in fiscal 2001 to 2020 (at least five years old), 4 (13.3%) were charged off by the lender, against 16.1% 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.

Every approval year

Approval yearLoansApprovedPaid in fullCharged offNot yet resolvedCharged-off share
FY20012$280,000200few loans
FY20021$305,000010few loans
FY20031$242,000100few loans
FY20057$1.8 million610few loans
FY20063$700,000300few loans
FY20081$15,000100few loans
FY20101$2.0 million100few loans
FY20111$285,100100few loans
FY20122$4.3 million200few loans
FY20131$120,000100few loans
FY20141$1.0 million001few loans
FY20153$273,400210few loans
FY20162$749,000110few loans
FY20171$25,000100few loans
FY20192$1.5 million101few loans
FY20201$960,000001few loans
FY20222$1.1 million101too recent for a share
FY20231$27,000001too recent for a share

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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