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

How have SBA loans in Steel Wire Drawing turned out?

Of 38 loans approved in fiscal 2001 to 2017 (at least five years old), 8 (21.1%) were charged off by the lender, against 17.4% across all 7(a) loans approved in those same years. Steel Wire Drawing appears on 39 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2023, $9.3 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.
Steel Wire DrawingIndustry NAICS 331222 · 39 loans
21%of seasoned loans charged off
  1. Steel Wire Drawing appears on 39 SBA-guaranteed 7(a) loans approved from fiscal 2001 to 2023, $9.3 million in gross approvals.
  2. Of 38 loans approved in fiscal 2001 to 2017 (at least five years old), 8 (21.1%) were charged off by the lender, against 17.4% 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.

Every approval year

Approval yearLoansApprovedPaid in fullCharged offNot yet resolvedCharged-off share
FY20011$400,000100few loans
FY20025$1.7 million410few loans
FY20034$50,000220few loans
FY20046$655,000510few loans
FY20057$1.4 million520few loans
FY20061$150,000100few loans
FY20072$625,000200few loans
FY20083$1.3 million300few loans
FY20092$770,000110few loans
FY20101$225,000100few loans
FY20111$275,000100few loans
FY20122$145,000200few loans
FY20131$45,000100few loans
FY20141$320,000100few loans
FY20171$506,000010few loans
FY20231$800,000001too recent for a share

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