How much do SBA lenders typically lend to a flavoring syrup and concentrate manufacturing business?

The median SBA approval in NAICS 311930 is $130,000, with the middle 80% of loans between $20,000 and $1,850,000. Across all industries the median is $180,000.

Which lenders are most active in flavoring syrup and concentrate manufacturing?

By dollars approved: Empire State Certified Development Corporation, Busey Bank, Newtek Bank, U.S. Bank, Michigan Certified 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 flavoring syrup and concentrate 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.

NAICS 311930 · Manufacturing

SBA loans for flavoring syrup and concentrate manufacturing

67 SBA loans worth $39.2M have been approved in this industry since FY2010 - the #786 most-financed NAICS code in the country.

Median loan

$130,000

-28% vs all industries

Typical range

$20K-$1.9M

Middle 80%

Median rate

7.25%

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
Empire State Certified Development Corporation	1	$5.5M
Busey Bank	1	$5.0M
Newtek Bank	1	$3.4M
U.S. Bank	1	$3.1M
Michigan Certified Development Corporation	1	$2.8M
Advantage Certified Development Corporation	1	$2.6M
The Huntington National Bank	2	$2.0M
Bokf	1	$1.9M
CRF Small Business Loan Company, LLC	1	$1.7M
KeyBank	4	$1.4M

Geography

Where these loans were made

State	Loans	Share
Ohio	9
California	8
New York	7
New Jersey	5
Vermont	4
Wisconsin	4
Texas	3
Missouri	3

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 $50K
22%
$50K - $150K
33%
$150K - $350K
10%
$350K - $1M
21%
$1M - $2M
3%
Over $2M
10%

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 flavoring syrup and concentrate manufacturing business?: The median SBA approval in NAICS 311930 is $130,000, with the middle 80% of loans between $20,000 and $1,850,000. Across all industries the median is $180,000.
Which lenders are most active in flavoring syrup and concentrate manufacturing?: By dollars approved: Empire State Certified Development Corporation, Busey Bank, Newtek Bank, U.S. Bank, Michigan Certified 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 flavoring syrup and concentrate 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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