NAICS 311511 · Manufacturing
SBA loans for fluid milk manufacturing
52 SBA loans worth $48.0M have been approved in this industry since FY2010 - the #845 most-financed NAICS code in the country.
Median loan
$400,000
+122% vs all industries
Typical range
$75K-$2.6M
Middle 80%
Median rate
5.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
6.5%
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 |
|---|---|---|---|
| Wells Fargo Bank | 4 | $8.4M | |
| Lake Michigan CU | 3 | $5.9M | |
| Dakota Business Finance | 1 | $4.0M | |
| Arizona Financial Credit Union | 1 | $3.6M | |
| Rockford Local Development Corporation | 2 | $2.9M | |
| Manufacturers and Traders Trust Company | 1 | $2.6M | |
| The First Bank and Trust Company | 1 | $2.5M | |
| Plumas Bank | 1 | $2.4M | |
| Truist Bank | 3 | $1.6M | |
| California Statewide Certified Development Corporation | 1 | $1.5M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| New Hampshire | 7 | |
| California | 6 | |
| New York | 6 | |
| Florida | 5 | |
| Illinois | 3 | |
| Maryland | 3 | |
| Nebraska | 2 | |
| Idaho | 2 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K10%
- $50K - $150K8%
- $150K - $350K23%
- $350K - $1M33%
- $1M - $2M10%
- Over $2M17%
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 fluid milk manufacturing business?
- The median SBA approval in NAICS 311511 is $400,000, with the middle 80% of loans between $75,000 and $2,572,000. Across all industries the median is $180,000.
- Which lenders are most active in fluid milk manufacturing?
- By dollars approved: Wells Fargo Bank, Lake Michigan CU, Dakota Business Finance, Arizona Financial Credit Union, Rockford Local Development Corporation. 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 fluid milk manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.5% were charged off, versus 7.6% across all SBA lending. That is close to average.
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