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

How have SBA loans in General Automotive Repair turned out?

Of 17,985 loans approved in fiscal 2000 to 2021 (at least five years old), 2,527 (14.1%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. General Automotive Repair appears on 21,651 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $5.7 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.
General Automotive RepairIndustry NAICS 811111 · 21,651 loans
14%of seasoned loans charged off
  1. General Automotive Repair appears on 21,651 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $5.7 billion in gross approvals.
  2. Of 17,985 loans approved in fiscal 2000 to 2021 (at least five years old), 2,527 (14.1%) 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%31%Fiscal 2000: 92 of 668 loans charged off (13.8%)Fiscal 2001: 92 of 681 loans charged off (13.5%)Fiscal 2002: 85 of 833 loans charged off (10.2%)Fiscal 2003: 157 of 1,163 loans charged off (13.5%)Fiscal 2004: 239 of 1,394 loans charged off (17.1%)Fiscal 2005: 343 of 1,494 loans charged off (23.0%)Fiscal 2006: 416 of 1,416 loans charged off (29.4%)Fiscal 2007: 348 of 1,138 loans charged off (30.6%)Fiscal 2008: 236 of 794 loans charged off (29.7%)Fiscal 2009: 49 of 471 loans charged off (10.4%)Fiscal 2010: 44 of 500 loans charged off (8.8%)Fiscal 2011: 44 of 577 loans charged off (7.6%)Fiscal 2012: 23 of 548 loans charged off (4.2%)Fiscal 2013: 35 of 564 loans charged off (6.2%)Fiscal 2014: 36 of 645 loans charged off (5.6%)Fiscal 2015: 46 of 761 loans charged off (6.0%)Fiscal 2016: 47 of 773 loans charged off (6.1%)Fiscal 2017: 69 of 851 loans charged off (8.1%)Fiscal 2018: 54 of 775 loans charged off (7.0%)Fiscal 2019: 36 of 673 loans charged off (5.3%)Fiscal 2020: 17 of 547 loans charged off (3.1%)Fiscal 2021: 19 of 719 loans charged off (2.6%)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
FY2000668$133.5 million57592113.8%
FY2001681$120.3 million58892113.5%
FY2002833$138.6 million74285610.2%
FY20031,163$139.5 million1,001157513.5%
FY20041,394$181.1 million1,1372391817.1%
FY20051,494$171.3 million1,1373431423.0%
FY20061,416$172.1 million9814161929.4%
FY20071,138$136.9 million7693482130.6%
FY2008794$131.4 million5342362429.7%
FY2009471$91.7 million401492110.4%
FY2010500$104.3 million43544218.8%
FY2011577$139.7 million50844257.6%
FY2012548$109.3 million49423314.2%
FY2013564$131.9 million48935406.2%
FY2014645$178.1 million56736425.6%
FY2015761$203.2 million63146846.0%
FY2016773$202.4 million625471016.1%
FY2017851$245.7 million618691648.1%
FY2018775$270.9 million477542447.0%
FY2019673$232.6 million392362455.3%
FY2020547$256.2 million293172373.1%
FY2021719$430.9 million297194032.6%
FY2022653$332.3 million16023470too recent for a share
FY2023709$332.9 million13018561too recent for a share
FY2024825$356.9 million689748too recent for a share
FY2025916$469.2 million401875too recent for a share
FY2026563$298.4 million60557too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California2,32937015.9%
Texas1,42919613.7%
New York1,03616015.4%
Pennsylvania97612412.7%
Florida82717320.9%
Ohio73411015.0%
Massachusetts718638.8%
Michigan61714223.0%
Illinois5758514.8%
Minnesota5245410.3%
New Jersey4838517.6%
Wisconsin4615311.5%

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.

☆ Save