NAICS 322220 · Manufacturing
SBA loans for paper bag and coated and treated paper manufacturing
70 SBA loans worth $77.5M have been approved in this industry since FY2010 - the #774 most-financed NAICS code in the country.
Median loan
$674,350
+275% vs all industries
Typical range
$120K-$3.3M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
3.9%
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 |
|---|---|---|---|
| SomerCor 504, Inc. | 4 | $6.8M | |
| WBD, Inc. | 4 | $6.1M | |
| Small Business Growth Corporation | 6 | $5.4M | |
| CSRA Local Development Corporation | 1 | $4.8M | |
| Newtek Small Business Finance, Inc. | 1 | $4.5M | |
| Old National Bank | 1 | $4.5M | |
| U.S. Bank | 6 | $4.5M | |
| Southland Economic Development Corporation | 1 | $3.7M | |
| Middlesex Savings Bank | 1 | $3.5M | |
| Arizona Capital Source | 1 | $2.4M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Illinois | 11 | |
| Wisconsin | 7 | |
| Ohio | 6 | |
| Connecticut | 6 | |
| Texas | 5 | |
| Minnesota | 4 | |
| California | 4 | |
| Florida | 3 |
Approvals by fiscal year
’10
’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 $50K6%
- $50K - $150K6%
- $150K - $350K23%
- $350K - $1M30%
- $1M - $2M19%
- Over $2M17%
Nearby
Other manufacturing industries
Commercial Printing3,239 · $275,000Commercial Screen Printing1,759 · $130,900All Other Plastics Product Manufacturing1,604 · $457,000All Other Miscellaneous Wood Product Manufacturing934 · $241,500Cut Stone and Stone Product Manufacturing801 · $312,000Wood Container and Pallet Manufacturing572 · $350,000Commercial Lithographic Printing570 · $316,000All Other Miscellaneous Chemical Product and Preparation Manufacturing397 · $458,000
Common questions
- How much do SBA lenders typically lend to a paper bag and coated and treated paper manufacturing business?
- The median SBA approval in NAICS 322220 is $674,350, with the middle 80% of loans between $120,000 and $3,292,000. Across all industries the median is $180,000.
- Which lenders are most active in paper bag and coated and treated paper manufacturing?
- By dollars approved: SomerCor 504, Inc., WBD, Inc., Small Business Growth Corporation, CSRA Local Development Corporation, Newtek Small Business Finance, Inc.. 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 paper bag and coated and treated paper manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.9% 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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