How have SBA loans in Other Commercial and Industrial Machinery and Equipment Rental and Leasing turned out?
Of 1,519 loans approved in fiscal 2000 to 2021 (at least five years old), 145 (9.6%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Other Commercial and Industrial Machinery and Equipment Rental and Leasing appears on 1,839 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $864.0 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 Commercial and Industrial Machinery and Equipment Rental and LeasingIndustry NAICS 532490 · 1,839 loans
10%of seasoned loans charged off
Other Commercial and Industrial Machinery and Equipment Rental and Leasing appears on 1,839 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $864.0 million in gross approvals.
Of 1,519 loans approved in fiscal 2000 to 2021 (at least five years old), 145 (9.6%) 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
22
$8.9 million
17
5
0
22.7%
FY2001
56
$13.5 million
51
5
0
8.9%
FY2002
42
$11.7 million
37
5
0
11.9%
FY2003
80
$13.5 million
72
8
0
10.0%
FY2004
119
$17.4 million
109
10
0
8.4%
FY2005
115
$27.8 million
98
17
0
14.8%
FY2006
102
$17.7 million
77
25
0
24.5%
FY2007
78
$18.7 million
59
19
0
24.4%
FY2008
76
$14.6 million
55
20
1
26.3%
FY2009
42
$11.7 million
39
3
0
7.1%
FY2010
51
$19.5 million
49
0
2
0.0%
FY2011
78
$52.2 million
76
2
0
2.6%
FY2012
44
$17.1 million
43
1
0
2.3%
FY2013
60
$38.2 million
56
3
1
5.0%
FY2014
69
$30.6 million
64
1
4
1.4%
FY2015
86
$60.3 million
75
7
4
8.1%
FY2016
81
$66.4 million
73
5
3
6.2%
FY2017
67
$39.6 million
48
6
13
9.0%
FY2018
91
$58.8 million
71
0
20
0.0%
FY2019
63
$42.6 million
38
2
23
3.2%
FY2020
29
$24.2 million
16
0
13
0.0%
FY2021
68
$68.6 million
34
1
33
1.5%
FY2022
55
$36.7 million
23
1
31
too recent for a share
FY2023
64
$37.9 million
10
1
53
too recent for a share
FY2024
67
$37.0 million
11
0
56
too recent for a share
FY2025
77
$40.7 million
2
0
75
too recent for a share
FY2026
57
$38.0 million
0
0
57
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
268
26
9.7%
Texas
144
12
8.3%
Florida
75
15
20.0%
New York
75
6
8.0%
Ohio
72
6
8.3%
Pennsylvania
60
4
6.7%
Massachusetts
50
3
6.0%
Utah
48
4
8.3%
Minnesota
46
7
15.2%
Louisiana
39
2
5.1%
Michigan
37
6
16.2%
Illinois
37
6
16.2%
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.