NAICS 221118 · Utilities
SBA loans for other electric power generation
59 SBA loans worth $41.7M have been approved in this industry since FY2010 - the #817 most-financed NAICS code in the country.
Median loan
$220,000
+22% vs all industries
Typical range
$18K-$2.0M
Middle 80%
Median rate
7.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Most active in this industry
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Newtek Bank | 3 | $10.8M | |
| Byline Bank | 4 | $5.2M | |
| Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) | 1 | $3.8M | |
| Coulee Bank | 4 | $3.4M | |
| Granite State Economic Development Corporation | 2 | $3.2M | |
| Newtek Small Business Finance, Inc. | 1 | $2.5M | |
| Midwest Business Finance Corporation | 1 | $2.2M | |
| Premier Capital Corporation | 1 | $2.1M | |
| New England Certified Development Corporation | 1 | $1.7M | |
| Prosperity Bank | 3 | $1.2M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 7 | |
| Minnesota | 5 | |
| Texas | 4 | |
| Florida | 3 | |
| Ohio | 3 | |
| New Jersey | 3 | |
| Mississippi | 3 | |
| Tennessee | 3 |
Approvals by fiscal year
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K22%
- $50K - $150K24%
- $150K - $350K12%
- $350K - $1M19%
- $1M - $2M14%
- Over $2M10%
Nearby
Other utilities industries
Common questions
- How much do SBA lenders typically lend to a other electric power generation business?
- The median SBA approval in NAICS 221118 is $220,000, with the middle 80% of loans between $17,500 and $1,971,000. Across all industries the median is $180,000.
- Which lenders are most active in other electric power generation?
- By dollars approved: Newtek Bank, Byline Bank, Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC), Coulee Bank, Granite State Economic Development Corporation. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
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