How much do SBA lenders typically lend to a cheese manufacturing business?

The median SBA approval in NAICS 311513 is $237,500, with the middle 80% of loans between $25,000 and $2,150,000. Across all industries the median is $180,000.

Which lenders are most active in cheese manufacturing?

By dollars approved: WBD, Inc., Byline Bank, KeyBank, Mortgage Capital Development Corporation, Port 51 Lending LLC. 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 cheese manufacturing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.4% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 311513 · Manufacturing

SBA loans for cheese manufacturing

138 SBA loans worth $99.8M have been approved in this industry since FY2010 - the #610 most-financed NAICS code in the country.

Median loan

$237,500

+32% vs all industries

Typical range

$25K-$2.1M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

5.4%

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
WBD, Inc.	10	$17.9M
Byline Bank	5	$10.4M
KeyBank	5	$6.3M
Mortgage Capital Development Corporation	2	$5.9M
Port 51 Lending LLC	2	$4.2M
Ulster Savings Bank	1	$4.2M
Enterprise Bank & Trust	2	$4.1M
Peoples Bank	2	$3.2M
Capital Access Group, Inc.	2	$3.2M
Bank of Ann Arbor	2	$2.9M

Geography

Where these loans were made

State	Loans	Share
New York	25
Wisconsin	23
California	15
Vermont	12
Michigan	6
Texas	5
Rhode Island	5
New Jersey	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
15%
$50K - $150K
23%
$150K - $350K
19%
$350K - $1M
24%
$1M - $2M
7%
Over $2M
12%

Nearby

Other manufacturing industries

See the sector

Breweries4,377 · $265,000 Retail Bakeries2,557 · $150,000 Commercial Bakeries1,411 · $150,000 Wineries1,122 · $210,000 All Other Miscellaneous Food Manufacturing1,008 · $300,000 Coffee and Tea Manufacturing804 · $127,750 Apparel Accessories and Other Apparel Manufacturing782 · $200,000 Distilleries769 · $250,000

Common questions

How much do SBA lenders typically lend to a cheese manufacturing business?: The median SBA approval in NAICS 311513 is $237,500, with the middle 80% of loans between $25,000 and $2,150,000. Across all industries the median is $180,000.
Which lenders are most active in cheese manufacturing?: By dollars approved: WBD, Inc., Byline Bank, KeyBank, Mortgage Capital Development Corporation, Port 51 Lending LLC. 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 cheese manufacturing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.4% 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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