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

How have SBA loans in Iron and Steel Pipe and Tube Manufacturing from Purchased Steel turned out?

Of 249 loans approved in fiscal 2000 to 2021 (at least five years old), 24 (9.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Iron and Steel Pipe and Tube Manufacturing from Purchased Steel appears on 306 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $177.8 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.
Iron and Steel Pipe and Tube Manufacturing from Purchased SteelIndustry NAICS 331210 · 306 loans
10%of seasoned loans charged off
  1. Iron and Steel Pipe and Tube Manufacturing from Purchased Steel appears on 306 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $177.8 million in gross approvals.
  2. Of 249 loans approved in fiscal 2000 to 2021 (at least five years old), 24 (9.6%) 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%31%Fiscal 2005: 4 of 13 loans charged off (30.8%)Fiscal 2007: 5 of 19 loans charged off (26.3%)Fiscal 2008: 1 of 13 loans charged off (7.7%)Fiscal 2009: 0 of 14 loans charged off (0.0%)Fiscal 2010: 0 of 13 loans charged off (0.0%)Fiscal 2011: 0 of 14 loans charged off (0.0%)Fiscal 2012: 0 of 22 loans charged off (0.0%)Fiscal 2013: 2 of 11 loans charged off (18.2%)Fiscal 2014: 2 of 14 loans charged off (14.3%)Fiscal 2015: 1 of 13 loans charged off (7.7%)Fiscal 2016: 2 of 16 loans charged off (12.5%)Fiscal 2017: 1 of 13 loans charged off (7.7%)Fiscal 2020: 0 of 13 loans charged off (0.0%)Fiscal 2021: 0 of 12 loans charged off (0.0%)2005200820102012201420162020
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$1.3 million300few loans
FY20019$4.2 million900few loans
FY20029$4.9 million900few loans
FY20035$633,386410few loans
FY20041$200,000100few loans
FY200513$1.9 million74230.8%
FY20066$2.6 million510few loans
FY200719$2.4 million145026.3%
FY200813$1.1 million12107.7%
FY200914$7.1 million14000.0%
FY201013$8.0 million13000.0%
FY201114$7.4 million14000.0%
FY201222$8.9 million21010.0%
FY201311$3.5 million82118.2%
FY201414$14.5 million122014.3%
FY201513$9.7 million12107.7%
FY201616$13.6 million142012.5%
FY201713$8.8 million10127.7%
FY20189$3.4 million531few loans
FY20197$4.9 million313few loans
FY202013$8.3 million8050.0%
FY202112$13.4 million7050.0%
FY20229$12.5 million207too recent for a share
FY202313$10.0 million3010too recent for a share
FY202414$5.7 million3011too recent for a share
FY202512$7.2 million0012too recent for a share
FY20269$11.7 million009too recent for a share

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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