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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 |
An SBA 7(a) lender for loans this size
58% of the SBA loans approved in other electric power generation since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K22%
- $50K - $150K24%
- $150K - $350K12%
- $350K - $1M19%
- $1M - $2M14%
- Over $2M10%
Franchise brands in Other Electric Power Generation
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Generator Supercenter | 3 | $1.2M |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
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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