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

How have SBA loans in Metal Service Centers and Other Metal Merchant Wholesalers turned out?

Of 655 loans approved in fiscal 2003 to 2021 (at least five years old), 75 (11.5%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Metal Service Centers and Other Metal Merchant Wholesalers appears on 781 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $474.3 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.

Metal Service Centers and Other Metal Merchant WholesalersIndustry NAICS 423510 · 781 loans

11%of seasoned loans charged off

Metal Service Centers and Other Metal Merchant Wholesalers appears on 781 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $474.3 million in gross approvals.
Of 655 loans approved in fiscal 2003 to 2021 (at least five years old), 75 (11.5%) 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	29	$3.8 million	26	3	0	10.3%
FY2004	43	$5.5 million	38	5	0	11.6%
FY2005	59	$10.0 million	52	7	0	11.9%
FY2006	31	$4.4 million	24	7	0	22.6%
FY2007	50	$16.3 million	38	11	1	22.0%
FY2008	27	$3.4 million	20	7	0	25.9%
FY2009	21	$7.2 million	19	2	0	9.5%
FY2010	33	$13.0 million	26	6	1	18.2%
FY2011	43	$39.4 million	39	4	0	9.3%
FY2012	39	$24.1 million	30	6	3	15.4%
FY2013	34	$31.5 million	32	2	0	5.9%
FY2014	28	$22.0 million	23	4	1	14.3%
FY2015	46	$46.9 million	43	3	0	6.5%
FY2016	35	$25.4 million	31	2	2	5.7%
FY2017	33	$22.8 million	26	2	5	6.1%
FY2018	40	$41.6 million	32	2	6	5.0%
FY2019	26	$17.3 million	22	2	2	7.7%
FY2020	14	$10.6 million	9	0	5	0.0%
FY2021	24	$25.3 million	12	0	12	0.0%
FY2022	25	$29.7 million	11	1	13	too recent for a share
FY2023	20	$11.3 million	6	0	14	too recent for a share
FY2024	39	$26.4 million	9	0	30	too recent for a share
FY2025	25	$20.6 million	1	0	24	too recent for a share
FY2026	17	$16.0 million	0	0	17	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	105	15	14.3%
Ohio	69	1	1.5%
New York	52	7	13.5%
Texas	50	4	8.0%
Illinois	36	4	11.1%
Florida	32	3	9.4%
Pennsylvania	31	4	12.9%

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.