How have SBA loans in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance turned out?
Of 3,733 loans approved in fiscal 2000 to 2021 (at least five years old), 394 (10.5%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance appears on 4,502 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $1.3 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.
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and MaintenanceIndustry NAICS 811310 · 4,502 loans
11%of seasoned loans charged off
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance appears on 4,502 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $1.3 billion in gross approvals.
Of 3,733 loans approved in fiscal 2000 to 2021 (at least five years old), 394 (10.5%) were charged off by the lender, against 15.6% 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
FY2000
36
$5.9 million
30
6
0
16.7%
FY2001
111
$16.6 million
102
9
0
8.1%
FY2002
142
$30.9 million
126
15
1
10.6%
FY2003
194
$24.7 million
177
16
1
8.2%
FY2004
271
$34.0 million
238
33
0
12.2%
FY2005
292
$37.1 million
234
54
4
18.5%
FY2006
258
$37.0 million
205
52
1
20.2%
FY2007
227
$36.9 million
177
50
0
22.0%
FY2008
172
$34.7 million
127
41
4
23.8%
FY2009
124
$21.7 million
110
14
0
11.3%
FY2010
150
$27.6 million
138
10
2
6.7%
FY2011
146
$33.6 million
131
12
3
8.2%
FY2012
157
$49.0 million
145
8
4
5.1%
FY2013
154
$41.3 million
142
7
5
4.5%
FY2014
163
$53.1 million
153
5
5
3.1%
FY2015
188
$66.7 million
160
13
15
6.9%
FY2016
165
$37.5 million
139
10
16
6.1%
FY2017
194
$73.6 million
161
10
23
5.2%
FY2018
184
$66.9 million
124
16
44
8.7%
FY2019
133
$63.2 million
79
4
50
3.0%
FY2020
123
$59.2 million
79
4
40
3.3%
FY2021
149
$88.5 million
77
5
67
3.4%
FY2022
109
$64.0 million
30
5
74
too recent for a share
FY2023
122
$59.0 million
32
2
88
too recent for a share
FY2024
206
$95.4 million
23
2
181
too recent for a share
FY2025
198
$95.1 million
11
0
187
too recent for a share
FY2026
134
$75.5 million
0
0
134
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2000 to 2021)
Charged off
Share
California
417
59
14.1%
Texas
304
32
10.5%
Florida
209
37
17.7%
New York
193
20
10.4%
Ohio
188
14
7.4%
Pennsylvania
141
12
8.5%
Illinois
122
19
15.6%
Minnesota
108
14
13.0%
Utah
108
9
8.3%
Michigan
106
11
10.4%
Washington
106
10
9.4%
Arizona
104
15
14.4%
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.