NAICS 311351 · Manufacturing
SBA loans for chocolate and confectionery manufacturing from cacao beans
133 SBA loans worth $57.4M have been approved in this industry since FY2010 - the #625 most-financed NAICS code in the country.
Median loan
$149,000
-17% vs all industries
Typical range
$22K-$1.2M
Middle 80%
Median rate
6.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
14.0%
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 | Share |
|---|---|---|---|
| KeyBank | 7 | $7.6M | |
| AMPAC Tri-State CDC, Inc. | 1 | $5.5M | |
| Commerce Bank | 2 | $5.0M | |
| First Business Bank | 1 | $4.3M | |
| First Internet Bank of Indiana | 5 | $3.4M | |
| Brighton Bank | 3 | $3.4M | |
| PNC Bank | 4 | $3.1M | |
| Empire State Certified Development Corporation | 2 | $2.9M | |
| BankUnited | 1 | $2.7M | |
| Readycap Lending, LLC | 2 | $2.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 20 | |
| New York | 17 | |
| Illinois | 9 | |
| Massachusetts | 8 | |
| Utah | 7 | |
| Vermont | 6 | |
| Ohio | 5 | |
| Minnesota | 5 |
Approvals by fiscal year
’11
’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 $50K23%
- $50K - $150K28%
- $150K - $350K26%
- $350K - $1M13%
- $1M - $2M5%
- Over $2M6%
Nearby
Other manufacturing industries
Breweries4,377 · $265,000Retail Bakeries2,557 · $150,000Commercial Bakeries1,411 · $150,000Wineries1,122 · $210,000All Other Miscellaneous Food Manufacturing1,008 · $300,000Coffee and Tea Manufacturing804 · $127,750Apparel Accessories and Other Apparel Manufacturing782 · $200,000Distilleries769 · $250,000
Common questions
- How much do SBA lenders typically lend to a chocolate and confectionery manufacturing from cacao beans business?
- The median SBA approval in NAICS 311351 is $149,000, with the middle 80% of loans between $22,400 and $1,239,000. Across all industries the median is $180,000.
- Which lenders are most active in chocolate and confectionery manufacturing from cacao beans?
- By dollars approved: KeyBank, AMPAC Tri-State CDC, Inc., Commerce Bank, First Business Bank, First Internet Bank of Indiana. 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 chocolate and confectionery manufacturing from cacao beans considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 14.0% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.
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