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

How have SBA loans in Plumbing, Heating, and Air Conditioning Contractors turned out?

Of 1,570 loans approved in fiscal 2000 to 2014 (at least five years old), 259 (16.5%) were charged off by the lender, against 19.4% across all 7(a) loans approved in those same years. Plumbing, Heating, and Air Conditioning Contractors appears on 1,570 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2014, $250.1 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, Heating, and Air Conditioning ContractorsIndustry NAICS 235110 · 1,570 loans
17%of seasoned loans charged off
  1. Plumbing, Heating, and Air Conditioning Contractors appears on 1,570 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2014, $250.1 million in gross approvals.
  2. Of 1,570 loans approved in fiscal 2000 to 2014 (at least five years old), 259 (16.5%) were charged off by the lender, against 19.4% 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%46%Fiscal 2000: 40 of 293 loans charged off (13.7%)Fiscal 2001: 42 of 312 loans charged off (13.5%)Fiscal 2002: 59 of 417 loans charged off (14.1%)Fiscal 2003: 36 of 259 loans charged off (13.9%)Fiscal 2004: 25 of 130 loans charged off (19.2%)Fiscal 2005: 35 of 101 loans charged off (34.7%)Fiscal 2006: 21 of 46 loans charged off (45.7%)2000200120022003200420052006
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
FY2000293$46.3 million25340013.7%
FY2001312$50.0 million26842213.5%
FY2002417$77.7 million35759114.1%
FY2003259$37.7 million22336013.9%
FY2004130$17.8 million10525019.2%
FY2005101$12.3 million6535134.7%
FY200646$2.0 million2521045.7%
FY20078$4.8 million611few loans
FY20081$1.0 million100few loans
FY20092$350,000200few loans
FY20141$100,000100few loans

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

StateLoans (FY2000 to 2021)Charged offShare
California2072210.6%
Texas1262519.8%
New York1101412.7%
Pennsylvania7779.1%
Colorado501224.0%
New Jersey49612.2%
Arizona48918.8%
Illinois471123.4%
Wisconsin46715.2%
Massachusetts4648.7%
Connecticut44511.4%
Missouri42614.3%

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.

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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