NAICS 311941 · Manufacturing
SBA loans for mayonnaise, dressing, and other prepared sauce manufacturing
166 SBA loans worth $60.4M have been approved in this industry since FY2010 - the #578 most-financed NAICS code in the country.
Median loan
$148,000
-18% vs all industries
Typical range
$18K-$958K
Middle 80%
Median rate
6.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
14.9%
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 |
|---|---|---|---|
| Byline Bank | 4 | $4.5M | |
| Success Capital Expansion & Development Corporation | 3 | $4.4M | |
| The Huntington National Bank | 10 | $4.0M | |
| HEDCO Local Development Corporation | 1 | $3.9M | |
| The First National Bank of Elmer | 4 | $3.7M | |
| BizCapital BIDCO I, LLC | 1 | $2.7M | |
| KeyBank | 3 | $2.6M | |
| Truist Bank | 4 | $2.3M | |
| Northeast Bank | 6 | $2.1M | |
| Ameritrust CDC | 1 | $2.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 20 | |
| New York | 17 | |
| Ohio | 12 | |
| North Carolina | 9 | |
| Texas | 8 | |
| New Jersey | 7 | |
| Florida | 7 | |
| Louisiana | 6 |
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 $50K25%
- $50K - $150K25%
- $150K - $350K18%
- $350K - $1M22%
- $1M - $2M6%
- Over $2M4%
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 mayonnaise, dressing, and other prepared sauce manufacturing business?
- The median SBA approval in NAICS 311941 is $148,000, with the middle 80% of loans between $18,000 and $958,000. Across all industries the median is $180,000.
- Which lenders are most active in mayonnaise, dressing, and other prepared sauce manufacturing?
- By dollars approved: Byline Bank, Success Capital Expansion & Development Corporation, The Huntington National Bank, HEDCO Local Development Corporation, The First National Bank of Elmer. 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 mayonnaise, dressing, and other prepared sauce manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 14.9% 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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