NAICS 311423 · Manufacturing
SBA loans for dried and dehydrated food manufacturing
120 SBA loans worth $78.6M have been approved in this industry since FY2010 - the #641 most-financed NAICS code in the country.
Median loan
$245,000
+36% vs all industries
Typical range
$40K-$1.7M
Middle 80%
Median rate
6.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
3.1%
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 |
|---|---|---|---|
| Bay Area Employment Development Company | 3 | $8.5M | |
| Mountain West Small Business Finance | 3 | $6.0M | |
| Community State Bank | 2 | $5.3M | |
| U.S. Bank | 4 | $5.0M | |
| SoFi Bank | 1 | $5.0M | |
| Enterprise Bank & Trust | 2 | $3.8M | |
| Intermountain Business Lending, Inc. | 1 | $3.3M | |
| WBD, Inc. | 3 | $2.8M | |
| CDC Small Business Finance Corp. | 2 | $1.9M | |
| Gulf Coast Bank and Trust Company | 1 | $1.8M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 27 | |
| Utah | 8 | |
| Texas | 8 | |
| Maine | 7 | |
| Washington | 6 | |
| Pennsylvania | 6 | |
| Wisconsin | 5 | |
| Minnesota | 5 |
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 $50K13%
- $50K - $150K24%
- $150K - $350K22%
- $350K - $1M17%
- $1M - $2M18%
- Over $2M7%
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 dried and dehydrated food manufacturing business?
- The median SBA approval in NAICS 311423 is $245,000, with the middle 80% of loans between $40,000 and $1,711,000. Across all industries the median is $180,000.
- Which lenders are most active in dried and dehydrated food manufacturing?
- By dollars approved: Bay Area Employment Development Company, Mountain West Small Business Finance, Community State Bank, U.S. Bank, SoFi 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 dried and dehydrated food manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.1% 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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