As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
AFT CARGO TRANSITION RH SIDE JUST AFT OF THE DOOR HAS AREAS OF CORROSION. GROUNDED - YES. REMOVED CORROSION, FOUND TO BE OUT OF LIMITS IAW B737-700 SRM 53-60-151A-1. REMOVED AND REPLACED SHIELD IAW B737-700SRM 51-40-02-0G-0.W= 1.5" O= .050" R= .036" L= 2" D= .014".