NAICS 316110 · Manufacturing
SBA loans for leather and hide tanning and finishing
52 SBA loans worth $12.8M have been approved in this industry since FY2010 - the #846 most-financed NAICS code in the country.
Median loan
$100,000
-44% vs all industries
Typical range
$10K-$513K
Middle 80%
Median rate
6.47%
7(a) initial note rate
Median term
10 yr
Charge-off rate
0.0%
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 |
|---|---|---|---|
| Hancock Whitney Bank | 1 | $2.7M | |
| JPMorgan Chase Bank | 3 | $1.2M | |
| ChoiceOne Bank | 2 | $1.0M | |
| Bank of America | 1 | $997K | |
| Pioneer Bank | 1 | $750K | |
| New England Certified Development Corporation | 2 | $580K | |
| Idaho Central CU | 1 | $573K | |
| SandT Bank | 1 | $500K | |
| First-Citizens Bank & Trust Company | 1 | $475K | |
| Granite State Economic Development Corporation | 1 | $418K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| New York | 10 | |
| Ohio | 6 | |
| Michigan | 6 | |
| Massachusetts | 3 | |
| Illinois | 3 | |
| Utah | 2 | |
| California | 2 | |
| Wisconsin | 2 |
Approvals by fiscal year
’10
’11
’12
’13
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K37%
- $50K - $150K21%
- $150K - $350K17%
- $350K - $1M23%
- Over $2M2%
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 leather and hide tanning and finishing business?
- The median SBA approval in NAICS 316110 is $100,000, with the middle 80% of loans between $10,000 and $513,000. Across all industries the median is $180,000.
- Which lenders are most active in leather and hide tanning and finishing?
- By dollars approved: Hancock Whitney Bank, JPMorgan Chase Bank, ChoiceOne Bank, Bank of America, Pioneer 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 leather and hide tanning and finishing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 0.0% 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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