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Car Wash Rankings · Updated June 9, 2026

Metros With the Highest Car Wash Loan Default Rates

US metros ranked by the SBA charge-off (default) rate on car-wash loans, among metros with 20+ resolved loans, from the SBA 7(a) & 504 datasets.

As of June 9, 2026, New York is #1 — 10.9% (101 of 216 loans resolved). This ranking covers the top 25 of 30 metros, drawn from U.S. Small Business Administration (7(a) & 504).

# Metro Charge-off rate
1 New York 10.9%
2 Phoenix 10.9%
3 Miami 10.2%
4 Indianapolis 10.0%
5 Orlando 9.5%
6 Las Vegas 9.1%
7 Washington, DC 8.8%
8 Salt Lake City 7.7%
9 Sacramento 7.1%
10 San Antonio 6.9%
11 Columbus 6.7%
12 Chicago 5.0%
13 Charlotte 4.5%
14 Houston 4.5%
15 Riverside 4.0%
16 Atlanta 4.0%
17 Philadelphia 3.9%
18 Nashville 3.9%
19 San Diego 3.6%
20 Boston 2.9%
21 Denver 2.9%
22 Los Angeles 2.6%
23 Dallas-Fort Worth 1.1%
24 Baltimore 0.0%
25 Cleveland 0.0%

Source: U.S. Small Business Administration (7(a) & 504). Showing the top 25 of 30. Data as of June 9, 2026. Free to cite with attribution to WashIndex.

Frequently Asked Questions

About metros with the highest car wash loan default rates

Which metro has the highest car wash loan default rate?

+
New York (10.9%, 101 of 216 loans resolved), per U.S. Small Business Administration (7(a) & 504). The next-ranked are Phoenix (10.9%), Miami (10.2%), Indianapolis (10.0%).
Cite this page

Data as of 2026-06-09. Pick a format and click Copy.

APA
WashIndex. (2026, June 9). Metros With the Highest Car Wash Loan Default Rates. https://washindex.com/car-wash-rankings/metros-with-highest-car-wash-loan-defaults
Chicago
WashIndex. "Metros With the Highest Car Wash Loan Default Rates." WashIndex. Last modified June 9, 2026. https://washindex.com/car-wash-rankings/metros-with-highest-car-wash-loan-defaults.
MLA
"Metros With the Highest Car Wash Loan Default Rates." WashIndex, Jun. 9, 2026, https://washindex.com/car-wash-rankings/metros-with-highest-car-wash-loan-defaults.
BibTeX
@misc{washindex_car_wash_rankings_metros_with_highest_car_wash_loan_defaults_2026,
  title  = {{Metros With the Highest Car Wash Loan Default Rates}},
  author = {{WashIndex}},
  year   = {2026},
  month  = {Jun},
  url    = {https://washindex.com/car-wash-rankings/metros-with-highest-car-wash-loan-defaults},
  urldate = {2026-06-09},
}

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