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

How have SBA loans in School and Employee Bus Transportation turned out?

Of 360 loans approved in fiscal 2000 to 2021 (at least five years old), 42 (11.7%) were charged off by the lender, against 15.6% across all 7(a) loans approved in those same years. School and Employee Bus Transportation appears on 447 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $163.4 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.

School and Employee Bus TransportationIndustry NAICS 485410 · 447 loans

12%of seasoned loans charged off

School and Employee Bus Transportation appears on 447 SBA-guaranteed 7(a) loans approved from fiscal 2000 to 2026, $163.4 million in gross approvals.
Of 360 loans approved in fiscal 2000 to 2021 (at least five years old), 42 (11.7%) 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
FY2000	3	$880,000	1	2	0	few loans
FY2001	6	$2.1 million	4	2	0	few loans
FY2002	14	$2.8 million	13	1	0	7.1%
FY2003	11	$1.4 million	9	2	0	18.2%
FY2004	10	$2.3 million	8	2	0	20.0%
FY2005	21	$5.0 million	17	4	0	19.0%
FY2006	22	$2.5 million	15	7	0	31.8%
FY2007	22	$2.4 million	20	1	1	4.5%
FY2008	13	$3.5 million	10	3	0	23.1%
FY2009	17	$6.1 million	16	1	0	5.9%
FY2010	15	$4.0 million	15	0	0	0.0%
FY2011	20	$9.2 million	19	1	0	5.0%
FY2012	20	$7.5 million	18	2	0	10.0%
FY2013	16	$3.7 million	15	1	0	6.3%
FY2014	16	$2.6 million	16	0	0	0.0%
FY2015	18	$2.7 million	17	1	0	5.6%
FY2016	24	$10.3 million	21	2	1	8.3%
FY2017	20	$10.6 million	13	3	4	15.0%
FY2018	30	$26.7 million	24	2	4	6.7%
FY2019	23	$7.6 million	16	3	4	13.0%
FY2020	14	$10.3 million	8	2	4	14.3%
FY2021	5	$5.1 million	2	0	3	few loans
FY2022	10	$2.9 million	3	0	7	too recent for a share
FY2023	9	$2.5 million	5	1	3	too recent for a share
FY2024	30	$13.4 million	5	1	24	too recent for a share
FY2025	29	$12.9 million	3	0	26	too recent for a share
FY2026	9	$2.4 million	0	0	9	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
Pennsylvania	52	5	9.6%
New Jersey	46	10	21.7%
Massachusetts	32	3	9.4%

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.