How have SBA loans in Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers turned out?
Of 2,200 loans approved in fiscal 2003 to 2021 (at least five years old), 412 (18.7%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers appears on 2,645 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $817.3 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.
Medical, Dental, and Hospital Equipment and Supplies Merchant WholesalersIndustry NAICS 423450 · 2,645 loans
19%of seasoned loans charged off
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers appears on 2,645 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $817.3 million in gross approvals.
Of 2,200 loans approved in fiscal 2003 to 2021 (at least five years old), 412 (18.7%) were charged off by the lender, against 15.7% 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
FY2003
101
$13.0 million
76
25
0
24.8%
FY2004
166
$19.0 million
124
41
1
24.7%
FY2005
185
$27.3 million
136
49
0
26.5%
FY2006
210
$25.4 million
136
74
0
35.2%
FY2007
195
$24.4 million
121
74
0
37.9%
FY2008
138
$24.1 million
95
43
0
31.2%
FY2009
83
$17.3 million
73
10
0
12.0%
FY2010
105
$18.9 million
91
13
1
12.4%
FY2011
116
$36.9 million
104
10
2
8.6%
FY2012
92
$31.4 million
85
7
0
7.6%
FY2013
82
$26.7 million
76
5
1
6.1%
FY2014
106
$30.7 million
95
10
1
9.4%
FY2015
119
$38.6 million
104
8
7
6.7%
FY2016
109
$39.7 million
94
10
5
9.2%
FY2017
86
$41.8 million
70
8
8
9.3%
FY2018
88
$31.6 million
63
8
17
9.1%
FY2019
80
$32.3 million
57
9
14
11.3%
FY2020
73
$45.8 million
47
5
21
6.8%
FY2021
66
$43.8 million
34
3
29
4.5%
FY2022
70
$42.7 million
20
4
46
too recent for a share
FY2023
90
$39.1 million
12
11
67
too recent for a share
FY2024
139
$82.9 million
18
3
118
too recent for a share
FY2025
98
$54.2 million
4
0
94
too recent for a share
FY2026
48
$29.9 million
0
0
48
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2003 to 2021)
Charged off
Share
California
340
79
23.2%
Florida
231
72
31.2%
Texas
199
41
20.6%
New York
179
37
20.7%
Ohio
85
13
15.3%
Illinois
77
17
22.1%
Michigan
62
14
22.6%
Pennsylvania
59
7
11.9%
Minnesota
55
6
10.9%
Massachusetts
53
4
7.5%
Utah
51
5
9.8%
Wisconsin
47
5
10.6%
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.