Franchise Failure Rates

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

Mobil Oil Franchise Failure Rate: 9.7% SBA Loan Defaults (2010–2019 Federal Data)

9.7%
charge-off rate on 31 SBA 7(a) loans to Mobil Oil franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Mobil Oil against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Mobil Oil 9.7%; Gasoline Stations with Convenience Stores 3.9%; All franchises 10.2%Mobil Oil 9.7%; Gasoline Stations with Convenience Stores 3.9%; All franchises 10.2%0%2%4%6%8%10%Mobil Oil9.7%Gasoline Stations withConvenience Stores3.9%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Mobil Oil 9.7%; Gasoline Stations with Convenience Stores 3.9%; All franchises 10.2%Mobil Oil 9.7%; Gasoline Stations with Convenience Stores 3.9%; All franchises 10.2%0%2%4%6%8%10%Mobil Oil9.7%Gasoline Stations with Convenience Stores3.9%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 10 Mobil Oil SBA borrowers failed to repay — more than double the Gasoline Stations with Convenience Stores average of 3.9%.

Between 2010 and 2019, 31 Mobil Oil franchisees financed with SBA 7(a) loans. 3 defaulted — a 9.7% charge-off rate, 2.5x the Gasoline Stations with Convenience Stores average of 3.9%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Mobil Oil franchise failure rate on SBA loans?

Mobil Oil is a Gasoline Stations with Convenience 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 Mobil Oil franchisees: 31 loans approved between fiscal 2010 and 2019, of which 3 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 Mobil Oil compare with other Gasoline Stations with Convenience Stores franchises?

The table sets Mobil Oil's charge-off rate beside its Gasoline Stations with Convenience 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. A cell in red is more than twice the industry benchmark.

Mobil Oil versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureMobil OilGasoline Stations with Convenience StoresAll franchisesAll SBA borrowers
Default (charge-off) rate9.7%3.9%10.2%8.0%
Loans in sample31———
Defaults3———
Average loan size$1,216,081———
Charge-off rate by approval year — share of each fiscal year's Mobil Oil 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 1 loans; FY2011 0% of 4 loans; FY2012 0% of 4 loans; FY2013 0% of 4 loans; FY2015 33% of 3 loans; FY2016 12% of 8 loans; FY2017 0% of 5 loans; FY2018 50% of 2 loansCharge-off rate by approval year: FY2010 0% of 1 loans; FY2011 0% of 4 loans; FY2012 0% of 4 loans; FY2013 0% of 4 loans; FY2015 33% of 3 loans; FY2016 12% of 8 loans; FY2017 0% of 5 loans; FY2018 50% of 2 loans0%5%10%0%2010n=10%2011n=40%2012n=40%2013n=433%2015n=312%2016n=80%2017n=550%2018n=2
Charge-off rate by approval year: FY2010 0% of 1 loans; FY2011 0% of 4 loans; FY2012 0% of 4 loans; FY2013 0% of 4 loans; FY2015 33% of 3 loans; FY2016 12% of 8 loans; FY2017 0% of 5 loans; FY2018 50% of 2 loansCharge-off rate by approval year: FY2010 0% of 1 loans; FY2011 0% of 4 loans; FY2012 0% of 4 loans; FY2013 0% of 4 loans; FY2015 33% of 3 loans; FY2016 12% of 8 loans; FY2017 0% of 5 loans; FY2018 50% of 2 loans0%5%10%0%’10n=10%’11n=40%’12n=40%’13n=433%’15n=312%’16n=80%’17n=550%’18n=2

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010100.0%
FY2011400.0%
FY2012400.0%
FY2013400.0%
FY20153133.3%
FY20168112.5%
FY2017500.0%
FY20182150.0%

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?

Mobil Oil's figure rests on 31 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 31 resolved loans, one default moves the rate by about 3.2 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 Mobil Oil figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 31 resolved loans — directional, not precise.

Frequently asked

What is Mobil Oil's franchise failure rate on SBA loans?
Between 2010 and 2019, 31 Mobil Oil franchisees financed with SBA 7(a) loans. 3 defaulted — a 9.7% charge-off rate, 2.5x the Gasoline Stations with Convenience Stores average of 3.9%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Mobil Oil a safe franchise investment?
Between 2010–2019, Mobil Oil franchisees defaulted on SBA loans at 9.7% versus a 3.9% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Mobil Oil franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 9.7% (3 of 31 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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