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

How have SBA loans in General Freight Trucking, Long-Distance, Truckload turned out?

Of 13,140 loans approved in fiscal 2000 to 2021 (at least five years old), 1,835 (14.0%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. General Freight Trucking, Long-Distance, Truckload appears on 17,442 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.6 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 Freight Trucking, Long-Distance, TruckloadIndustry NAICS 484121 · 17,442 loans
14%of seasoned loans charged off
  1. General Freight Trucking, Long-Distance, Truckload appears on 17,442 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $2.6 billion in gross approvals.
  2. Of 13,140 loans approved in fiscal 2000 to 2021 (at least five years old), 1,835 (14.0%) 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%40%Fiscal 2000: 18 of 55 loans charged off (32.7%)Fiscal 2001: 32 of 142 loans charged off (22.5%)Fiscal 2002: 34 of 185 loans charged off (18.4%)Fiscal 2003: 30 of 196 loans charged off (15.3%)Fiscal 2004: 46 of 311 loans charged off (14.8%)Fiscal 2005: 151 of 520 loans charged off (29.0%)Fiscal 2006: 250 of 677 loans charged off (36.9%)Fiscal 2007: 315 of 789 loans charged off (39.9%)Fiscal 2008: 136 of 440 loans charged off (30.9%)Fiscal 2009: 36 of 182 loans charged off (19.8%)Fiscal 2010: 30 of 265 loans charged off (11.3%)Fiscal 2011: 25 of 346 loans charged off (7.2%)Fiscal 2012: 17 of 360 loans charged off (4.7%)Fiscal 2013: 39 of 453 loans charged off (8.6%)Fiscal 2014: 64 of 933 loans charged off (6.9%)Fiscal 2015: 105 of 1,279 loans charged off (8.2%)Fiscal 2016: 98 of 1,048 loans charged off (9.4%)Fiscal 2017: 85 of 994 loans charged off (8.6%)Fiscal 2018: 115 of 1,296 loans charged off (8.9%)Fiscal 2019: 91 of 987 loans charged off (9.2%)Fiscal 2020: 49 of 729 loans charged off (6.7%)Fiscal 2021: 69 of 953 loans charged off (7.2%)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
FY200055$19.3 million3718032.7%
FY2001142$28.0 million11032022.5%
FY2002185$22.0 million15134018.4%
FY2003196$20.3 million16630015.3%
FY2004311$33.1 million26446114.8%
FY2005520$40.6 million369151029.0%
FY2006677$46.6 million427250036.9%
FY2007789$47.9 million473315139.9%
FY2008440$28.8 million303136130.9%
FY2009182$19.4 million14636019.8%
FY2010265$36.2 million23530011.3%
FY2011346$65.1 million3202517.2%
FY2012360$58.4 million3411724.7%
FY2013453$62.5 million4103948.6%
FY2014933$93.4 million8676426.9%
FY20151,279$138.4 million1,163105118.2%
FY20161,048$124.1 million92898229.4%
FY2017994$130.8 million87085398.6%
FY20181,296$178.1 million1,0811151008.9%
FY2019987$181.8 million773911239.2%
FY2020729$125.6 million543491376.7%
FY2021953$251.5 million550693347.2%
FY20221,150$213.0 million336134680too recent for a share
FY20231,104$220.4 million176131797too recent for a share
FY20241,024$190.4 million9834892too recent for a share
FY2025784$175.2 million333748too recent for a share
FY2026240$79.5 million10239too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
Michigan2,4271988.2%
Ohio2,3941677.0%
Illinois92819621.1%
California91713214.4%
Indiana769628.1%
Texas67913419.7%
Pennsylvania4037418.4%
Florida3359628.7%
Utah3264513.8%
Missouri2813713.2%
New York2796523.3%
Minnesota248239.3%

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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