How have SBA loans in Motor Vehicle Supplies and New Parts Merchant Wholesalers turned out?
Of 1,562 loans approved in fiscal 2002 to 2021 (at least five years old), 321 (20.5%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Motor Vehicle Supplies and New Parts Merchant Wholesalers appears on 1,797 SBA-guaranteed 7(a) loans approved from fiscal 2002 to 2026, $666.8 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.
Motor Vehicle Supplies and New Parts Merchant WholesalersIndustry NAICS 423120 · 1,797 loans
21%of seasoned loans charged off
Motor Vehicle Supplies and New Parts Merchant Wholesalers appears on 1,797 SBA-guaranteed 7(a) loans approved from fiscal 2002 to 2026, $666.8 million in gross approvals.
Of 1,562 loans approved in fiscal 2002 to 2021 (at least five years old), 321 (20.5%) were charged off by the lender, against 15.6% 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
FY2002
1
$750,000
1
0
0
few loans
FY2003
84
$9.9 million
70
14
0
16.7%
FY2004
133
$15.3 million
97
34
2
25.6%
FY2005
152
$24.7 million
106
46
0
30.3%
FY2006
155
$18.6 million
94
61
0
39.4%
FY2007
170
$20.6 million
97
71
2
41.8%
FY2008
93
$12.9 million
58
34
1
36.6%
FY2009
45
$15.4 million
37
8
0
17.8%
FY2010
59
$16.7 million
50
7
2
11.9%
FY2011
65
$31.1 million
60
5
0
7.7%
FY2012
53
$28.3 million
46
4
3
7.5%
FY2013
72
$41.3 million
67
4
1
5.6%
FY2014
77
$39.8 million
70
6
1
7.8%
FY2015
61
$36.8 million
54
4
3
6.6%
FY2016
64
$34.8 million
59
4
1
6.3%
FY2017
73
$33.3 million
53
6
14
8.2%
FY2018
71
$44.0 million
49
6
16
8.5%
FY2019
58
$30.6 million
44
3
11
5.2%
FY2020
33
$15.6 million
20
2
11
6.1%
FY2021
43
$51.9 million
23
2
18
4.7%
FY2022
39
$25.4 million
19
1
19
too recent for a share
FY2023
40
$27.8 million
3
2
35
too recent for a share
FY2024
56
$35.4 million
6
0
50
too recent for a share
FY2025
60
$31.7 million
5
0
55
too recent for a share
FY2026
40
$24.1 million
0
0
40
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2002 to 2021)
Charged off
Share
California
322
66
20.5%
Florida
132
42
31.8%
Texas
105
21
20.0%
New York
100
26
26.0%
Michigan
60
10
16.7%
Ohio
57
6
10.5%
Minnesota
43
7
16.3%
Illinois
40
9
22.5%
Wisconsin
38
3
7.9%
Massachusetts
37
6
16.2%
Indiana
35
6
17.1%
Georgia
34
6
17.6%
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.