Franchise Failure Rates

SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026

Line-x Franchise Failure Rate: 14.6% SBA Loan Defaults (2010–2019 Federal Data)

14.6%
charge-off rate on 41 SBA 7(a) loans to Line-x franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Line-x against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Line-x 14.6%; Automotive Parts and Accessories Stores 7.9%; All franchises 10.2%Line-x 14.6%; Automotive Parts and Accessories Stores 7.9%; All franchises 10.2%0%5%10%15%Line-x14.6%Automotive Parts andAccessories Stores7.9%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Line-x 14.6%; Automotive Parts and Accessories Stores 7.9%; All franchises 10.2%Line-x 14.6%; Automotive Parts and Accessories Stores 7.9%; All franchises 10.2%0%5%10%15%Line-x14.6%Automotive Parts and Accessories Stores7.9%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

About 1 in 7 Line-x SBA borrowers failed to repay — well above the Automotive Parts and Accessories Stores average of 7.9%.

Between 2010 and 2019, 41 Line-x franchisees financed with SBA 7(a) loans. 6 defaulted — a 14.6% charge-off rate, 1.9x the Automotive Parts and Accessories Stores average of 7.9%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Line-x franchise failure rate on SBA loans?

Line-x is a Automotive Parts and Accessories Stores franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Line-x franchisees: 41 loans approved between fiscal 2010 and 2019, of which 6 were charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.

How does Line-x compare with other Automotive Parts and Accessories Stores franchises?

The table sets Line-x's charge-off rate beside its Automotive Parts and Accessories Stores peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable.

Line-x versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureLine-xAutomotive Parts and Accessories StoresAll franchisesAll SBA borrowers
Default (charge-off) rate14.6%7.9%10.2%8.0%
Loans in sample41———
Defaults6———
Average loan size$176,573———

What has Line-x SBA lending looked like since 2020?

Since 2020, Line-x franchisees have taken 23 new SBA 7(a) loans. None have charged off to date, though most remain outstanding and unresolved.

Charge-off rate by approval year — share of each fiscal year's Line-x SBA 7(a) loans that later defaulted (FY2010–FY2019); years with fewer than 10 loans are outlined, not filled
Charge-off rate by approval year: FY2010 0% of 4 loans; FY2011 0% of 1 loans; FY2012 0% of 2 loans; FY2013 0% of 1 loans; FY2014 20% of 10 loans; FY2015 0% of 6 loans; FY2016 20% of 5 loans; FY2017 0% of 4 loans; FY2018 25% of 4 loans; FY2019 50% of 4 loansCharge-off rate by approval year: FY2010 0% of 4 loans; FY2011 0% of 1 loans; FY2012 0% of 2 loans; FY2013 0% of 1 loans; FY2014 20% of 10 loans; FY2015 0% of 6 loans; FY2016 20% of 5 loans; FY2017 0% of 4 loans; FY2018 25% of 4 loans; FY2019 50% of 4 loans0%10%20%0%2010n=40%2011n=10%2012n=20%2013n=120%2014n=100%2015n=620%2016n=50%2017n=425%2018n=450%2019n=4
Charge-off rate by approval year: FY2010 0% of 4 loans; FY2011 0% of 1 loans; FY2012 0% of 2 loans; FY2013 0% of 1 loans; FY2014 20% of 10 loans; FY2015 0% of 6 loans; FY2016 20% of 5 loans; FY2017 0% of 4 loans; FY2018 25% of 4 loans; FY2019 50% of 4 loansCharge-off rate by approval year: FY2010 0% of 4 loans; FY2011 0% of 1 loans; FY2012 0% of 2 loans; FY2013 0% of 1 loans; FY2014 20% of 10 loans; FY2015 0% of 6 loans; FY2016 20% of 5 loans; FY2017 0% of 4 loans; FY2018 25% of 4 loans; FY2019 50% of 4 loans0%10%20%0%’10n=40%’11n=10%’12n=20%’13n=120%’14n=100%’15n=620%’16n=50%’17n=425%’18n=450%’19n=4

Loans approved since 2020, by fiscal year — counts only: 0 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 5; FY2021 4; FY2022 5; FY2023 1; FY2024 2; FY2025 1; FY2026 5Loans approved since 2020: FY2020 5; FY2021 4; FY2022 5; FY2023 1; FY2024 2; FY2025 1; FY2026 552020420215202212023220241202552026
Loans approved since 2020: FY2020 5; FY2021 4; FY2022 5; FY2023 1; FY2024 2; FY2025 1; FY2026 5Loans approved since 2020: FY2020 5; FY2021 4; FY2022 5; FY2023 1; FY2024 2; FY2025 1; FY2026 55’204’215’221’232’241’255’26

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010400.0%
FY2011100.0%
FY2012200.0%
FY2013100.0%
FY201410220.0%
FY2015600.0%
FY20165120.0%
FY2017400.0%
FY20184125.0%
FY20194250.0%
FY20205—outstanding
FY20214—outstanding
FY20225—outstanding
FY20231—outstanding
FY20242—outstanding
FY20251—outstanding
FY20265—outstanding

How to read this

A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.

How reliable is this number?

Line-x's figure rests on 41 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the rate is a settled outcome, not a projection. With 41 resolved loans, one default moves the rate by about 2.4 percentage points. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every Line-x figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 41 resolved loans — directional, not precise.

Frequently asked

What is Line-x's franchise failure rate on SBA loans?
Between 2010 and 2019, 41 Line-x franchisees financed with SBA 7(a) loans. 6 defaulted — a 14.6% charge-off rate, 1.9x the Automotive Parts and Accessories Stores average of 7.9%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Line-x a safe franchise investment?
Between 2010–2019, Line-x franchisees defaulted on SBA loans at 14.6% versus a 7.9% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Line-x franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 14.6% (6 of 41 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/line-x/ · Data & methodology · Download the dataset (CSV)