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

How have SBA loans in Plastics Materials and Basic Forms and Shapes Merchant Wholesalers turned out?

Of 223 loans approved in fiscal 2003 to 2021 (at least five years old), 39 (17.5%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Plastics Materials and Basic Forms and Shapes Merchant Wholesalers appears on 259 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2025, $120.8 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.
Plastics Materials and Basic Forms and Shapes Merchant WholesalersIndustry NAICS 424610 · 259 loans
17%of seasoned loans charged off
  1. Plastics Materials and Basic Forms and Shapes Merchant Wholesalers appears on 259 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2025, $120.8 million in gross approvals.
  2. Of 223 loans approved in fiscal 2003 to 2021 (at least five years old), 39 (17.5%) were charged off by the lender, against 15.7% 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%41%Fiscal 2003: 0 of 13 loans charged off (0.0%)Fiscal 2004: 7 of 18 loans charged off (38.9%)Fiscal 2005: 7 of 17 loans charged off (41.2%)Fiscal 2006: 7 of 22 loans charged off (31.8%)Fiscal 2007: 9 of 25 loans charged off (36.0%)Fiscal 2010: 2 of 14 loans charged off (14.3%)Fiscal 2011: 1 of 16 loans charged off (6.3%)Fiscal 2014: 0 of 10 loans charged off (0.0%)Fiscal 2015: 0 of 11 loans charged off (0.0%)Fiscal 2016: 1 of 12 loans charged off (8.3%)Fiscal 2017: 1 of 12 loans charged off (8.3%)20032004200520062007201020112014201520162017
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
FY200313$3.6 million13000.0%
FY200418$1.9 million117038.9%
FY200517$4.3 million107041.2%
FY200622$4.1 million157031.8%
FY200725$2.1 million169036.0%
FY20088$1.4 million440few loans
FY20093$1.6 million300few loans
FY201014$4.2 million122014.3%
FY201116$8.9 million13126.3%
FY20129$3.1 million900few loans
FY20136$937,000600few loans
FY201410$6.4 million9010.0%
FY201511$3.4 million10010.0%
FY201612$4.6 million9128.3%
FY201712$4.9 million9128.3%
FY20188$3.0 million701few loans
FY20196$3.1 million501few loans
FY20207$9.1 million502few loans
FY20216$4.2 million501few loans
FY202213$11.6 million2011too recent for a share
FY20237$15.5 million106too recent for a share
FY202410$9.3 million0010too recent for a share
FY20256$9.7 million006too recent for a share

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

StateLoans (FY2003 to 2021)Charged offShare
California47919.1%

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.

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