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

How have SBA loans in Coin-Operated Laundries and Drycleaners turned out?

Of 4,850 loans approved in fiscal 2000 to 2021 (at least five years old), 648 (13.4%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Coin-Operated Laundries and Drycleaners appears on 5,541 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.3 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.
Coin-Operated Laundries and DrycleanersIndustry NAICS 812310 · 5,541 loans
13%of seasoned loans charged off
  1. Coin-Operated Laundries and Drycleaners appears on 5,541 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.3 billion in gross approvals.
  2. Of 4,850 loans approved in fiscal 2000 to 2021 (at least five years old), 648 (13.4%) 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%36%Fiscal 2000: 29 of 239 loans charged off (12.1%)Fiscal 2001: 17 of 212 loans charged off (8.0%)Fiscal 2002: 30 of 263 loans charged off (11.4%)Fiscal 2003: 42 of 310 loans charged off (13.5%)Fiscal 2004: 46 of 346 loans charged off (13.3%)Fiscal 2005: 89 of 413 loans charged off (21.5%)Fiscal 2006: 126 of 362 loans charged off (34.8%)Fiscal 2007: 124 of 341 loans charged off (36.4%)Fiscal 2008: 56 of 266 loans charged off (21.1%)Fiscal 2009: 14 of 142 loans charged off (9.9%)Fiscal 2010: 17 of 179 loans charged off (9.5%)Fiscal 2011: 8 of 179 loans charged off (4.5%)Fiscal 2012: 8 of 141 loans charged off (5.7%)Fiscal 2013: 5 of 158 loans charged off (3.2%)Fiscal 2014: 6 of 167 loans charged off (3.6%)Fiscal 2015: 3 of 179 loans charged off (1.7%)Fiscal 2016: 6 of 190 loans charged off (3.2%)Fiscal 2017: 5 of 191 loans charged off (2.6%)Fiscal 2018: 7 of 147 loans charged off (4.8%)Fiscal 2019: 4 of 134 loans charged off (3.0%)Fiscal 2020: 5 of 127 loans charged off (3.9%)Fiscal 2021: 1 of 164 loans charged off (0.6%)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
FY2000239$48.1 million21029012.1%
FY2001212$42.7 million1951708.0%
FY2002263$63.1 million23230111.4%
FY2003310$62.8 million26742113.5%
FY2004346$83.5 million29946113.3%
FY2005413$106.0 million32489021.5%
FY2006362$86.9 million234126234.8%
FY2007341$80.9 million214124336.4%
FY2008266$73.4 million20556521.1%
FY2009142$40.1 million1281409.9%
FY2010179$62.7 million1591739.5%
FY2011179$75.7 million170814.5%
FY2012141$54.4 million127865.7%
FY2013158$80.5 million146573.2%
FY2014167$91.9 million1516103.6%
FY2015179$77.2 million1623141.7%
FY2016190$107.2 million1716133.2%
FY2017191$133.4 million1505362.6%
FY2018147$104.6 million987424.8%
FY2019134$71.4 million844463.0%
FY2020127$96.2 million655573.9%
FY2021164$129.6 million761870.6%
FY2022107$95.9 million28475too recent for a share
FY2023157$125.4 million352120too recent for a share
FY2024141$85.4 million150126too recent for a share
FY2025163$142.3 million130150too recent for a share
FY2026123$98.4 million10122too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California1,047878.3%
New York5176813.2%
Texas4896112.5%
New Jersey3146219.8%
Illinois2403715.4%
Georgia1935126.4%
Massachusetts145117.6%
Pennsylvania1421510.6%
Florida1423323.2%
Ohio1311511.5%
Colorado1281914.8%
Minnesota11786.8%

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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