NAICS 324121 · Manufacturing
SBA loans for asphalt paving mixture and block manufacturing
177 SBA loans worth $124.7M have been approved in this industry since FY2010 - the #572 most-financed NAICS code in the country.
Median loan
$300,000
+67% vs all industries
Typical range
$25K-$1.9M
Middle 80%
Median rate
6.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
2.6%
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 |
|---|---|---|---|
| KeyBank | 6 | $9.6M | |
| United Community Bank | 7 | $5.4M | |
| Byline Bank | 2 | $5.0M | |
| Midwest Regional Bank | 1 | $5.0M | |
| Farmers and Merchants Bank | 2 | $5.0M | |
| Banc of California | 2 | $5.0M | |
| SouthState Bank | 2 | $4.2M | |
| Capital Certified Development Corporation | 3 | $3.6M | |
| The Huntington National Bank | 7 | $3.5M | |
| The Fidelity Bank | 1 | $3.3M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Texas | 15 | |
| New York | 14 | |
| Georgia | 13 | |
| California | 11 | |
| Michigan | 10 | |
| Missouri | 10 | |
| Pennsylvania | 8 | |
| Florida | 7 |
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K15%
- $50K - $150K13%
- $150K - $350K23%
- $350K - $1M25%
- $1M - $2M15%
- Over $2M10%
Nearby
Other manufacturing industries
Common questions
- How much do SBA lenders typically lend to a asphalt paving mixture and block manufacturing business?
- The median SBA approval in NAICS 324121 is $300,000, with the middle 80% of loans between $25,000 and $1,891,000. Across all industries the median is $180,000.
- Which lenders are most active in asphalt paving mixture and block manufacturing?
- By dollars approved: KeyBank, United Community Bank, Byline Bank, Midwest Regional Bank, Farmers and Merchants 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 asphalt paving mixture and block manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.6% 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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