How have SBA loans in Recyclable Material Merchant Wholesalers turned out?
Of 1,022 loans approved in fiscal 2001 to 2021 (at least five years old), 89 (8.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. Recyclable Material Merchant Wholesalers appears on 1,283 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $877.5 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.
Recyclable Material Merchant WholesalersIndustry NAICS 423930 · 1,283 loans
9%of seasoned loans charged off
Recyclable Material Merchant Wholesalers appears on 1,283 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2026, $877.5 million in gross approvals.
Of 1,022 loans approved in fiscal 2001 to 2021 (at least five years old), 89 (8.7%) 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
FY2001
1
$1.1 million
1
0
0
few loans
FY2003
21
$3.6 million
20
1
0
4.8%
FY2004
35
$6.7 million
34
1
0
2.9%
FY2005
38
$8.8 million
28
10
0
26.3%
FY2006
42
$9.0 million
34
8
0
19.0%
FY2007
49
$14.4 million
39
10
0
20.4%
FY2008
50
$16.6 million
40
9
1
18.0%
FY2009
28
$12.8 million
27
1
0
3.6%
FY2010
58
$26.0 million
54
2
2
3.4%
FY2011
79
$60.3 million
75
4
0
5.1%
FY2012
85
$39.2 million
75
8
2
9.4%
FY2013
71
$54.7 million
58
9
4
12.7%
FY2014
68
$53.8 million
57
7
4
10.3%
FY2015
73
$45.6 million
68
4
1
5.5%
FY2016
56
$55.5 million
46
3
7
5.4%
FY2017
47
$41.2 million
39
2
6
4.3%
FY2018
67
$61.3 million
48
6
13
9.0%
FY2019
50
$53.9 million
38
4
8
8.0%
FY2020
42
$47.4 million
32
0
10
0.0%
FY2021
62
$71.6 million
36
0
26
0.0%
FY2022
54
$52.2 million
15
1
38
too recent for a share
FY2023
59
$33.0 million
20
3
36
too recent for a share
FY2024
73
$50.8 million
15
0
58
too recent for a share
FY2025
56
$40.8 million
8
0
48
too recent for a share
FY2026
19
$17.2 million
0
0
19
too recent for a share
By state, where 30 or more loans are at least five years old
State
Loans (FY2001 to 2021)
Charged off
Share
California
209
23
11.0%
Texas
82
5
6.1%
Ohio
67
4
6.0%
New York
61
6
9.8%
Florida
45
6
13.3%
Illinois
42
1
2.4%
Minnesota
41
2
4.9%
Georgia
35
3
8.6%
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.