How have SBA loans in Freight Transportation Arrangement turned out?
Of 1,937 loans approved in fiscal 2000 to 2021 (at least five years old), 301 (15.5%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Freight Transportation Arrangement appears on 2,525 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $682.0 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.
Freight Transportation Arrangement appears on 2,525 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $682.0 million in gross approvals.
Of 1,937 loans approved in fiscal 2000 to 2021 (at least five years old), 301 (15.5%) 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
22
$5.5 million
20
2
0
9.1%
FY2001
48
$11.3 million
41
7
0
14.6%
FY2002
71
$10.1 million
62
9
0
12.7%
FY2003
75
$9.0 million
63
12
0
16.0%
FY2004
92
$11.9 million
79
13
0
14.1%
FY2005
112
$11.6 million
88
24
0
21.4%
FY2006
142
$11.7 million
96
46
0
32.4%
FY2007
150
$15.9 million
101
49
0
32.7%
FY2008
80
$10.9 million
51
29
0
36.3%
FY2009
62
$7.0 million
50
12
0
19.4%
FY2010
56
$11.1 million
47
9
0
16.1%
FY2011
77
$21.9 million
72
4
1
5.2%
FY2012
63
$12.8 million
59
4
0
6.3%
FY2013
84
$20.0 million
77
7
0
8.3%
FY2014
101
$17.4 million
91
7
3
6.9%
FY2015
110
$28.1 million
96
10
4
9.1%
FY2016
104
$22.7 million
87
11
6
10.6%
FY2017
115
$40.3 million
92
12
11
10.4%
FY2018
111
$31.5 million
83
12
16
10.8%
FY2019
119
$33.1 million
73
14
32
11.8%
FY2020
59
$27.7 million
32
4
23
6.8%
FY2021
84
$56.0 million
47
4
33
4.8%
FY2022
110
$45.5 million
27
8
75
too recent for a share
FY2023
130
$51.0 million
16
4
110
too recent for a share
FY2024
154
$56.6 million
28
2
124
too recent for a share
FY2025
141
$61.5 million
12
0
129
too recent for a share
FY2026
53
$39.8 million
1
0
52
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
363
62
17.1%
Texas
189
17
9.0%
Florida
168
33
19.6%
New York
153
27
17.6%
Ohio
132
14
10.6%
Illinois
98
15
15.3%
New Jersey
59
9
15.3%
Michigan
56
13
23.2%
Georgia
55
7
12.7%
Indiana
53
9
17.0%
Minnesota
42
4
9.5%
Utah
41
6
14.6%
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.