NAICS 315210 · Manufacturing
SBA loans for cut and sew apparel contractors
250 SBA loans worth $128.8M have been approved in this industry since FY2010 - the #488 most-financed NAICS code in the country.
Median loan
$150,000
-17% vs all industries
Typical range
$20K-$1.4M
Middle 80%
Median rate
7.15%
7(a) initial note rate
Median term
10 yr
Charge-off rate
18.8%
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 |
|---|---|---|---|
| FirstBank Puerto Rico | 10 | $18.0M | |
| The Huntington National Bank | 10 | $9.4M | |
| Business Finance Capital | 3 | $7.9M | |
| Enterprise Bank & Trust | 3 | $6.8M | |
| BayFirst National Bank | 8 | $6.2M | |
| CDC Small Business Finance Corp. | 5 | $5.9M | |
| Empire State Certified Development Corporation | 1 | $5.5M | |
| First Internet Bank of Indiana | 3 | $4.9M | |
| California Statewide Certified Development Corporation | 1 | $4.0M | |
| Mortgage Capital Development Corporation | 4 | $3.8M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 83 | |
| New York | 30 | |
| Michigan | 19 | |
| Texas | 12 | |
| Minnesota | 11 | |
| Puerto Rico | 10 | |
| Florida | 9 | |
| New Jersey | 7 |
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 $50K27%
- $50K - $150K22%
- $150K - $350K23%
- $350K - $1M12%
- $1M - $2M8%
- Over $2M8%
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 cut and sew apparel contractors business?
- The median SBA approval in NAICS 315210 is $150,000, with the middle 80% of loans between $20,000 and $1,400,000. Across all industries the median is $180,000.
- Which lenders are most active in cut and sew apparel contractors?
- By dollars approved: FirstBank Puerto Rico, The Huntington National Bank, Business Finance Capital, Enterprise Bank & Trust, BayFirst National 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 cut and sew apparel contractors considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 18.8% 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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