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.

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
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

Approvals by fiscal year

’10

’11

’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 $50K
16%
$50K - $150K
20%
$150K - $350K
24%
$350K - $1M
20%
$1M - $2M
16%
Over $2M
5%

Nearby

Other utilities industries

See the sector

Water Supply and Irrigation Systems517 · $150,000 Solar Electric Power Generation206 · $226,500 Electric Power Distribution73 · $250,000 Other Electric Power Generation59 · $220,000 Sewage Treatment Facilities47 · $225,000 Other Electric Power Generation41 · $1,305,000

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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