How much do SBA lenders typically lend to a other electric power generation business?

The median SBA approval in NAICS 221119 is $1,305,000, with the middle 80% of loans between $75,000 and $3,982,000. Across all industries the median is $180,000.

Which lenders are most active in other electric power generation?

By dollars approved: Bay Colony Development Corporation, Granite State Economic Development Corporation, First Community Bank, Statewide CDC, Inc., Enterprise Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is other electric power generation considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 0.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 221119 · Utilities

SBA loans for other electric power generation

41 SBA loans worth $66.3M have been approved in this industry since FY2010 - the #894 most-financed NAICS code in the country.

Median loan

$1,305,000

+625% vs all industries

Typical range

$75K-$4.0M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10.5 yr

Charge-off rate

0.0%

vs 7.6% all industries

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
Bay Colony Development Corporation	6	$16.6M
Granite State Economic Development Corporation	6	$12.7M
First Community Bank	3	$10.1M
Statewide CDC, Inc.	1	$5.1M
Enterprise Bank	1	$3.5M
Fall River Five Cents Savings Bank d/b/a BankFive	2	$3.0M
Vermont 504 Corporation	1	$2.7M
Trenton Business Assistance Corporation	1	$2.6M
Independence Bank	1	$2.5M
Truist Bank	2	$1.8M

Geography

Where these loans were made

State	Loans	Share
Massachusetts	13
Hawaii	5
Connecticut	3
North Carolina	3
New Jersey	2
Pennsylvania	2
California	2
Vermont	1

Approvals by fiscal year

’10

’11

’12

’13

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
7%
$50K - $150K
12%
$150K - $350K
12%
$350K - $1M
12%
$1M - $2M
24%
Over $2M
32%

Nearby

Other utilities industries

See the sector

Water Supply and Irrigation Systems517 · $150,000 Solar Electric Power Generation206 · $226,500 Natural Gas Distribution87 · $250,000 Electric Power Distribution73 · $250,000 Other Electric Power Generation59 · $220,000 Sewage Treatment Facilities47 · $225,000

Common questions

How much do SBA lenders typically lend to a other electric power generation business?: The median SBA approval in NAICS 221119 is $1,305,000, with the middle 80% of loans between $75,000 and $3,982,000. Across all industries the median is $180,000.
Which lenders are most active in other electric power generation?: By dollars approved: Bay Colony Development Corporation, Granite State Economic Development Corporation, First Community Bank, Statewide CDC, Inc., Enterprise Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is other electric power generation considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 0.0% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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