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

How have SBA loans in Hardware Manufacturing turned out?

Of 225 loans approved in fiscal 2000 to 2021 (at least five years old), 26 (11.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Hardware Manufacturing appears on 262 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $131.3 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.
Hardware ManufacturingIndustry NAICS 332510 · 262 loans
12%of seasoned loans charged off
  1. Hardware Manufacturing appears on 262 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $131.3 million in gross approvals.
  2. Of 225 loans approved in fiscal 2000 to 2021 (at least five years old), 26 (11.6%) 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%43%Fiscal 2003: 2 of 13 loans charged off (15.4%)Fiscal 2004: 2 of 16 loans charged off (12.5%)Fiscal 2007: 6 of 14 loans charged off (42.9%)Fiscal 2008: 5 of 14 loans charged off (35.7%)Fiscal 2009: 1 of 14 loans charged off (7.1%)Fiscal 2011: 1 of 18 loans charged off (5.6%)Fiscal 2012: 2 of 10 loans charged off (20.0%)Fiscal 2013: 0 of 16 loans charged off (0.0%)Fiscal 2015: 1 of 12 loans charged off (8.3%)Fiscal 2017: 0 of 12 loans charged off (0.0%)Fiscal 2019: 0 of 10 loans charged off (0.0%)Fiscal 2021: 0 of 10 loans charged off (0.0%)200320042007200820092011201220132015201720192021
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
FY20003$2.1 million300few loans
FY20014$1.2 million400few loans
FY20028$2.9 million710few loans
FY200313$3.5 million112015.4%
FY200416$3.2 million142012.5%
FY20058$297,500800few loans
FY20068$1.2 million530few loans
FY200714$1.6 million86042.9%
FY200814$3.2 million95035.7%
FY200914$4.2 million13107.1%
FY20109$1.2 million810few loans
FY201118$11.3 million17105.6%
FY201210$6.1 million82020.0%
FY201316$13.5 million15010.0%
FY20149$2.3 million900few loans
FY201512$3.2 million10118.3%
FY20163$2.7 million201few loans
FY201712$6.5 million10020.0%
FY20186$5.4 million303few loans
FY201910$9.3 million8020.0%
FY20208$5.5 million512few loans
FY202110$17.5 million7030.0%
FY20226$3.2 million015too recent for a share
FY20237$4.9 million205too recent for a share
FY202411$4.4 million308too recent for a share
FY202511$10.6 million407too recent for a share
FY20262$400,000002too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
California3738.1%

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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