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

How have SBA loans in Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers turned out?

Of 518 loans approved in fiscal 2003 to 2021 (at least five years old), 62 (12.0%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers appears on 614 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $286.8 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.

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant WholesalersIndustry NAICS 423720 · 614 loans

12%of seasoned loans charged off

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers appears on 614 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $286.8 million in gross approvals.
Of 518 loans approved in fiscal 2003 to 2021 (at least five years old), 62 (12.0%) were charged off by the lender, against 15.7% 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
FY2003	20	$4.0 million	18	2	0	10.0%
FY2004	40	$3.6 million	34	6	0	15.0%
FY2005	36	$8.8 million	23	13	0	36.1%
FY2006	49	$12.5 million	39	10	0	20.4%
FY2007	41	$6.7 million	31	10	0	24.4%
FY2008	32	$8.8 million	22	10	0	31.3%
FY2009	26	$6.8 million	26	0	0	0.0%
FY2010	27	$8.2 million	26	1	0	3.7%
FY2011	23	$8.2 million	21	1	1	4.3%
FY2012	22	$5.2 million	21	1	0	4.5%
FY2013	24	$9.2 million	22	0	2	0.0%
FY2014	27	$13.2 million	26	1	0	3.7%
FY2015	21	$7.1 million	16	1	4	4.8%
FY2016	14	$11.5 million	12	1	1	7.1%
FY2017	26	$14.2 million	19	3	4	11.5%
FY2018	27	$18.0 million	22	2	3	7.4%
FY2019	23	$19.0 million	17	0	6	0.0%
FY2020	16	$13.0 million	9	0	7	0.0%
FY2021	24	$31.2 million	15	0	9	0.0%
FY2022	15	$9.9 million	5	2	8	too recent for a share
FY2023	30	$23.4 million	12	1	17	too recent for a share
FY2024	26	$21.6 million	4	0	22	too recent for a share
FY2025	14	$11.8 million	3	0	11	too recent for a share
FY2026	11	$10.9 million	0	0	11	too recent for a share

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

State	Loans (FY2003 to 2021)	Charged off	Share
California	85	14	16.5%
New York	52	12	23.1%

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.