Line-x Franchise Failure Rate
SBA 7(a) loan default data, FY2010–FY2019 · Updated 2026
Line-x franchisees defaulted on 14.6% of SBA 7(a) loans between FY2010 and FY2019 — 6 of 41 loans were charged off — according to U.S. Small Business Administration data. That is higher than the Automotive Parts and Accessories Stores industry average of 7.9%.
- 14.6%SBA default rate6 of 41 loans
- 41loans resolvedapproved FY2010–FY2019
- 7.9%Automotive Parts and Accessories Stores averageall SBA loans in the industry
- 3rd lowestindustry rankof 3 Automotive Parts and Accessories Stores brands
| SBA default rate | 14.6% |
|---|---|
| Loans approved | 41 |
| Loans charged off | 6 |
| Date range | FY2010–FY2019 |
| Industry | Automotive Parts and Accessories Stores |
| Industry average | 7.9% |
| Data source | U.S. SBA 7(a) FOIA loan data |
Most SBA default figures published online use loans approved since 2020 — loans that have had six years or less to fail — so those rates are floors, not outcomes. Every rate on this site is computed from the matured FY2010–FY2019 cohort: loans that have been paid in full or charged off, so the result is settled. Loans approved since 2020 are shown as counts so early charge-offs are visible without being mistaken for a rate.
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%.
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.
- SBA 7(a) loans approved FY2010–FY201941
- Charged off6
- Charge-off rate14.6%
- Automotive Parts and Accessories Stores franchise benchmark7.9%
- Brand vs industry1.9x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$176,573
- New SBA loans since 202023
- Early charge-offs since 20200
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.
| Measure | Line-x | Automotive Parts and Accessories Stores | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 14.6% | 7.9% | 10.2% | 8.0% |
| Loans in sample | 41 | — | — | — |
| Defaults | 6 | — | — | — |
| 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.
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.
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2010 | 4 | 0 | 0.0% |
| FY2011 | 1 | 0 | 0.0% |
| FY2012 | 2 | 0 | 0.0% |
| FY2013 | 1 | 0 | 0.0% |
| FY2014 | 10 | 2 | 20.0% |
| FY2015 | 6 | 0 | 0.0% |
| FY2016 | 5 | 1 | 20.0% |
| FY2017 | 4 | 0 | 0.0% |
| FY2018 | 4 | 1 | 25.0% |
| FY2019 | 4 | 2 | 50.0% |
| FY2020 | 5 | — | outstanding |
| FY2021 | 4 | — | outstanding |
| FY2022 | 5 | — | outstanding |
| FY2023 | 1 | — | outstanding |
| FY2024 | 2 | — | outstanding |
| FY2025 | 1 | — | outstanding |
| FY2026 | 5 | — | 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. That cohort has matured, 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.
Is Line-x in financial trouble? What the SBA data shows
Line-x's SBA 7(a) default rate was 14.6% for loans approved FY2010–FY2019 (6 of 41 loans charged off) — the highest of 3 Automotive Parts and Accessories Stores brands tracked here. A default rate this far above the Automotive Parts and Accessories Stores average of 7.9% is a signal worth investigating further before investing.
Frequently asked
- What is Line-x's franchise failure rate?
- Line-x franchisees defaulted on 14.6% of SBA 7(a) loans between FY2010 and FY2019 — 6 of 41 loans were charged off — according to U.S. Small Business Administration data. That is higher than the Automotive Parts and Accessories Stores industry average of 7.9%.
- How does Line-x compare to other Automotive Parts and Accessories Stores franchises?
- Line-x's 14.6% SBA default rate is higher than the Automotive Parts and Accessories Stores industry average of 7.9%. See every Automotive Parts and Accessories Stores franchise ranked on the Automotive Parts and Accessories Stores industry page. Automotive Parts and Accessories Stores franchises →
- What does 'SBA default rate' mean?
- An SBA default rate is the share of SBA 7(a) loans, approved FY2010–FY2019 and since resolved (paid in full or charged off), that were charged off — written off after the borrower failed to repay. It is not a measure of unit closures.
Source
Source: U.S. Small Business Administration, 7(a) loan program charge-off data, FY2010–FY2019. Franchise data is matched on the SBA's franchise code / brand name. "Failure rate" here means the share of approved loans (resolved: paid in full or charged off) that were charged off; it is not a measure of unit closures. Last updated September 30, 2026.
Every brand in one table, with percentiles and breakdowns by year, industry and loan size: franchise SBA default rates, all 415 brands.
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)