NAICS 331210 · Manufacturing
SBA loans for iron and steel pipe and tube manufacturing from purchased steel
310 SBA loans worth $250.9M have been approved in this industry since FY2010 - the #443 most-financed NAICS code in the country.
Median loan
$356,000
+98% vs all industries
Typical range
$50K-$2.0M
Middle 80%
Median rate
6.05%
7(a) initial note rate
Median term
10 yr
Charge-off rate
8.8%
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 |
|---|---|---|---|
| The Huntington National Bank | 41 | $16.6M | |
| SomerCor 504, Inc. | 3 | $11.6M | |
| Manufacturers and Traders Trust Company | 6 | $10.6M | |
| Newtek Small Business Finance, Inc. | 3 | $9.6M | |
| First Horizon Bank | 3 | $8.3M | |
| Empire State Certified Development Corporation | 5 | $8.2M | |
| Capital Certified Development Corporation | 3 | $7.7M | |
| Citizens & Northern Bank | 4 | $6.7M | |
| U.S. Bank | 11 | $6.2M | |
| Business Finance Group, Inc. | 1 | $5.5M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 35 | |
| Michigan | 31 | |
| Ohio | 19 | |
| Texas | 17 | |
| Indiana | 15 | |
| Wisconsin | 14 | |
| Utah | 14 | |
| Pennsylvania | 13 |
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 $50K10%
- $50K - $150K15%
- $150K - $350K21%
- $350K - $1M26%
- $1M - $2M18%
- Over $2M10%
Nearby
Other manufacturing industries
Machine Shops4,240 · $300,000All Other Miscellaneous Fabricated Metal Product Manufacturing2,607 · $360,100All Other Miscellaneous Manufacturing2,510 · $313,000Sign Manufacturing1,908 · $200,000Wood Kitchen Cabinet and Countertop Manufacturing1,512 · $249,350Fabricated Structural Metal Manufacturing1,082 · $350,000Sheet Metal Work Manufacturing806 · $385,950Dental Laboratories752 · $146,350
Common questions
- How much do SBA lenders typically lend to a iron and steel pipe and tube manufacturing from purchased steel business?
- The median SBA approval in NAICS 331210 is $356,000, with the middle 80% of loans between $50,000 and $1,995,000. Across all industries the median is $180,000.
- Which lenders are most active in iron and steel pipe and tube manufacturing from purchased steel?
- By dollars approved: The Huntington National Bank, SomerCor 504, Inc., Manufacturers and Traders Trust Company, Newtek Small Business Finance, Inc., First Horizon 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 iron and steel pipe and tube manufacturing from purchased steel considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.8% were charged off, versus 7.6% across all SBA lending. That is close to average.
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