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

How have SBA loans in Site Preparation Contractors turned out?

Of 5,422 loans approved in fiscal 2003 to 2021 (at least five years old), 591 (10.9%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Site Preparation Contractors appears on 6,883 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $1.8 billion 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.
Site Preparation ContractorsIndustry NAICS 238910 · 6,883 loans
11%of seasoned loans charged off
  1. Site Preparation Contractors appears on 6,883 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $1.8 billion in gross approvals.
  2. Of 5,422 loans approved in fiscal 2003 to 2021 (at least five years old), 591 (10.9%) 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%33%Fiscal 2003: 11 of 78 loans charged off (14.1%)Fiscal 2004: 40 of 262 loans charged off (15.3%)Fiscal 2005: 66 of 411 loans charged off (16.1%)Fiscal 2006: 115 of 430 loans charged off (26.7%)Fiscal 2007: 129 of 392 loans charged off (32.9%)Fiscal 2008: 59 of 283 loans charged off (20.8%)Fiscal 2009: 24 of 228 loans charged off (10.5%)Fiscal 2010: 18 of 260 loans charged off (6.9%)Fiscal 2011: 21 of 314 loans charged off (6.7%)Fiscal 2012: 11 of 227 loans charged off (4.8%)Fiscal 2013: 2 of 220 loans charged off (0.9%)Fiscal 2014: 14 of 260 loans charged off (5.4%)Fiscal 2015: 12 of 338 loans charged off (3.6%)Fiscal 2016: 8 of 293 loans charged off (2.7%)Fiscal 2017: 17 of 317 loans charged off (5.4%)Fiscal 2018: 19 of 326 loans charged off (5.8%)Fiscal 2019: 12 of 272 loans charged off (4.4%)Fiscal 2020: 9 of 247 loans charged off (3.6%)Fiscal 2021: 4 of 264 loans charged off (1.5%)2003200520072009201120132015201720192021
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
FY200378$10.4 million6711014.1%
FY2004262$33.8 million22240015.3%
FY2005411$46.6 million34566016.1%
FY2006430$56.2 million315115026.7%
FY2007392$47.2 million261129232.9%
FY2008283$43.5 million22359120.8%
FY2009228$52.7 million20024410.5%
FY2010260$60.5 million2411816.9%
FY2011314$102.7 million2882156.7%
FY2012227$67.3 million2141124.8%
FY2013220$56.4 million214240.9%
FY2014260$63.2 million2391475.4%
FY2015338$64.6 million3191273.6%
FY2016293$81.1 million2738122.7%
FY2017317$72.6 million27117295.4%
FY2018326$79.6 million26119465.8%
FY2019272$96.9 million20912514.4%
FY2020247$109.0 million1869523.6%
FY2021264$113.6 million14541151.5%
FY2022248$90.3 million915152too recent for a share
FY2023280$92.5 million834193too recent for a share
FY2024360$121.0 million602298too recent for a share
FY2025351$137.6 million330318too recent for a share
FY2026222$89.3 million10221too recent for a share

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

StateLoans (FY2003 to 2021)Charged offShare
Ohio467286.0%
California3184815.1%
New York302227.3%
Utah2423112.8%
Pennsylvania240229.2%
Washington2402510.4%
Minnesota228156.6%
Massachusetts223135.8%
Michigan192168.3%
Texas1862614.0%
Idaho1812111.6%
Florida1644326.2%

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.

☆ Save