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

How have SBA loans in Oil and Gas Field Machinery and Equipment Manufacturing turned out?

Of 216 loans approved in fiscal 2000 to 2021 (at least five years old), 20 (9.3%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Oil and Gas Field Machinery and Equipment Manufacturing appears on 237 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $153.8 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.
Oil and Gas Field Machinery and Equipment ManufacturingIndustry NAICS 333132 · 237 loans
9%of seasoned loans charged off
  1. Oil and Gas Field Machinery and Equipment Manufacturing appears on 237 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $153.8 million in gross approvals.
  2. Of 216 loans approved in fiscal 2000 to 2021 (at least five years old), 20 (9.3%) 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%28%Fiscal 2001: 1 of 12 loans charged off (8.3%)Fiscal 2002: 0 of 13 loans charged off (0.0%)Fiscal 2003: 2 of 13 loans charged off (15.4%)Fiscal 2004: 0 of 13 loans charged off (0.0%)Fiscal 2005: 0 of 13 loans charged off (0.0%)Fiscal 2006: 1 of 20 loans charged off (5.0%)Fiscal 2007: 5 of 18 loans charged off (27.8%)Fiscal 2011: 0 of 15 loans charged off (0.0%)Fiscal 2013: 2 of 11 loans charged off (18.2%)Fiscal 2014: 1 of 13 loans charged off (7.7%)Fiscal 2017: 1 of 11 loans charged off (9.1%)20012002200320042005200620072011201320142017
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
FY20009$4.8 million720few loans
FY200112$6.1 million11108.3%
FY200213$7.5 million13000.0%
FY200313$2.8 million112015.4%
FY200413$4.6 million13000.0%
FY200513$5.4 million13000.0%
FY200620$7.7 million19105.0%
FY200718$5.7 million135027.8%
FY20085$2.7 million500few loans
FY20097$3.1 million520few loans
FY20105$1.0 million500few loans
FY201115$9.0 million15000.0%
FY20127$6.5 million610few loans
FY201311$8.5 million92018.2%
FY201413$9.0 million11117.7%
FY20159$9.5 million612few loans
FY20165$10.1 million500few loans
FY201711$8.2 million10109.1%
FY20183$5.2 million300few loans
FY20196$3.7 million501few loans
FY20203$1.9 million111few loans
FY20215$8.6 million104few loans
FY20224$10.9 million004too recent for a share
FY20236$6.1 million015too recent for a share
FY20246$1.4 million105too recent for a share
FY20254$2.3 million004too recent for a share
FY20261$1.4 million001too recent for a share

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

StateLoans (FY2000 to 2021)Charged offShare
Texas131139.9%

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.

☆ Save