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

How have SBA loans in Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers turned out?

Of 334 loans approved in fiscal 2003 to 2021 (at least five years old), 45 (13.5%) were charged off by the lender, against 15.7% across all 7(a) loans approved in those same years. Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers appears on 417 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $202.0 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.

Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant WholesalersIndustry NAICS 423730 · 417 loans

13%of seasoned loans charged off

Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers appears on 417 SBA-guaranteed 7(a) loans approved from fiscal 2003 to 2026, $202.0 million in gross approvals.
Of 334 loans approved in fiscal 2003 to 2021 (at least five years old), 45 (13.5%) were charged off by the lender, against 15.7% 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
FY2003	3	$291,500	2	1	0	few loans
FY2004	20	$2.2 million	13	7	0	35.0%
FY2005	28	$4.5 million	21	7	0	25.0%
FY2006	31	$5.8 million	27	4	0	12.9%
FY2007	23	$6.7 million	15	8	0	34.8%
FY2008	21	$5.1 million	17	4	0	19.0%
FY2009	14	$5.8 million	13	0	1	0.0%
FY2010	11	$4.2 million	10	1	0	9.1%
FY2011	16	$7.8 million	15	0	1	0.0%
FY2012	13	$4.8 million	8	5	0	38.5%
FY2013	18	$8.8 million	17	0	1	0.0%
FY2014	23	$9.4 million	18	3	2	13.0%
FY2015	25	$9.6 million	23	1	1	4.0%
FY2016	16	$5.4 million	13	1	2	6.3%
FY2017	18	$5.2 million	16	1	1	5.6%
FY2018	11	$9.4 million	11	0	0	0.0%
FY2019	15	$9.1 million	11	1	3	6.7%
FY2020	17	$9.3 million	12	1	4	5.9%
FY2021	11	$6.8 million	6	0	5	0.0%
FY2022	17	$15.0 million	7	1	9	too recent for a share
FY2023	13	$14.9 million	8	1	4	too recent for a share
FY2024	25	$15.9 million	3	0	22	too recent for a share
FY2025	22	$28.5 million	3	0	19	too recent for a share
FY2026	6	$7.6 million	0	0	6	too recent for a share

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

State	Loans (FY2003 to 2021)	Charged off	Share
Florida	50	7	14.0%
California	32	1	3.1%
Texas	31	3	9.7%

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.