How have SBA loans in Other Automotive Mechanical and Electrical Repair and Maintenance turned out?
Of 1,886 loans approved in fiscal 2000 to 2021 (at least five years old), 324 (17.2%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Other Automotive Mechanical and Electrical Repair and Maintenance appears on 1,905 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $327.3 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.
Other Automotive Mechanical and Electrical Repair and MaintenanceIndustry NAICS 811118 · 1,905 loans
17%of seasoned loans charged off
Other Automotive Mechanical and Electrical Repair and Maintenance appears on 1,905 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2025, $327.3 million in gross approvals.
Of 1,886 loans approved in fiscal 2000 to 2021 (at least five years old), 324 (17.2%) 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
FY2000
245
$48.8 million
209
36
0
14.7%
FY2001
100
$14.9 million
88
12
0
12.0%
FY2002
122
$22.2 million
102
19
1
15.6%
FY2003
119
$18.2 million
98
21
0
17.6%
FY2004
123
$16.0 million
92
31
0
25.2%
FY2005
125
$17.8 million
92
33
0
26.4%
FY2006
153
$17.0 million
99
53
1
34.6%
FY2007
158
$17.2 million
110
48
0
30.4%
FY2008
91
$11.3 million
64
26
1
28.6%
FY2009
42
$6.7 million
35
7
0
16.7%
FY2010
59
$7.2 million
51
7
1
11.9%
FY2011
54
$8.6 million
46
6
2
11.1%
FY2012
55
$6.4 million
53
0
2
0.0%
FY2013
44
$6.9 million
36
7
1
15.9%
FY2014
66
$13.1 million
61
3
2
4.5%
FY2015
66
$11.8 million
61
3
2
4.5%
FY2016
37
$8.6 million
30
1
6
2.7%
FY2017
40
$9.5 million
31
0
9
0.0%
FY2018
53
$15.1 million
41
3
9
5.7%
FY2019
42
$12.1 million
28
5
9
11.9%
FY2020
39
$11.8 million
22
2
15
5.1%
FY2021
53
$20.5 million
13
1
39
1.9%
FY2022
15
$4.0 million
4
2
9
too recent for a share
FY2023
1
$200,000
0
0
1
too recent for a share
FY2024
2
$560,900
0
0
2
too recent for a share
FY2025
1
$890,000
0
0
1
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2000 to 2021)
Charged off
Share
California
281
50
17.8%
Texas
199
43
21.6%
New York
113
23
20.3%
Ohio
93
18
19.4%
Florida
81
19
23.5%
Michigan
71
16
22.5%
Pennsylvania
66
8
12.1%
Arizona
59
9
15.3%
New Jersey
52
11
21.1%
Puerto Rico
49
5
10.2%
Washington
49
6
12.2%
Wisconsin
44
1
2.3%
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.