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NAICS 221210 · Utilities
SBA loans for natural gas distribution
87 SBA loans worth $47.8M have been approved in this industry since FY2010 - the #725 most-financed NAICS code in the country.
Median loan
$250,000
+39% vs all industries
Typical range
$40K-$1.4M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
2.3%
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 | Share |
|---|---|---|---|
| U.S. Bank | 9 | $5.1M | |
| Manufacturers and Traders Trust Company | 8 | $4.7M | |
| Amplio Economic Development Corporation | 1 | $4.4M | |
| Pinnacle Bank | 3 | $4.0M | |
| Fifth Third Bank | 2 | $2.8M | |
| American Bank | 2 | $2.4M | |
| Banc of California | 2 | $2.0M | |
| Horizon Bank | 1 | $1.9M | |
| Community Trust Bank, Inc. | 3 | $1.8M | |
| Celtic Bank Corporation | 4 | $1.8M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 10 | |
| Texas | 7 | |
| Wisconsin | 7 | |
| Massachusetts | 6 | |
| Utah | 5 | |
| Illinois | 4 | |
| Georgia | 4 | |
| Pennsylvania | 4 |
An SBA 7(a) lender for loans this size
60% of the SBA loans approved in natural gas distribution 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 $50K16%
- $50K - $150K20%
- $150K - $350K24%
- $350K - $1M20%
- $1M - $2M16%
- Over $2M5%
Nearby
Other utilities industries
Common questions
- How much do SBA lenders typically lend to a natural gas distribution business?
- The median SBA approval in NAICS 221210 is $250,000, with the middle 80% of loans between $40,000 and $1,440,000. Across all industries the median is $180,000.
- Which lenders are most active in natural gas distribution?
- By dollars approved: U.S. Bank, Manufacturers and Traders Trust Company, Amplio Economic Development Corporation, Pinnacle Bank, Fifth Third 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 natural gas distribution considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.3% 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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