How much do SBA lenders typically lend to a rolled steel shape manufacturing business?

The median SBA approval in NAICS 331221 is $349,000, with the middle 80% of loans between $75,000 and $1,706,000. Across all industries the median is $180,000.

Which lenders are most active in rolled steel shape manufacturing?

By dollars approved: The Huntington National Bank, Florida Business Development Corporation, Truist Bank, Newtek Bank, Live Oak Banking Company. 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 rolled steel shape manufacturing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 331221 · Manufacturing

SBA loans for rolled steel shape manufacturing

133 SBA loans worth $94.7M have been approved in this industry since FY2010 - the #623 most-financed NAICS code in the country.

Median loan

$349,000

+94% vs all industries

Typical range

$75K-$1.7M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.8%

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
The Huntington National Bank	25	$12.0M
Florida Business Development Corporation	4	$6.3M
Truist Bank	4	$5.4M
Newtek Bank	2	$5.2M
Live Oak Banking Company	1	$5.0M
KeyBank	5	$4.9M
Business Finance Capital	3	$4.8M
Cascade Capital Corporation	1	$4.1M
Wells Fargo Bank	4	$3.3M
Harvest Small Business Finance, LLC	3	$3.1M

Geography

Where these loans were made

State	Loans	Share
Ohio	20
California	11
Michigan	11
Indiana	9
Pennsylvania	8
Minnesota	8
Texas	7
Wisconsin	6

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 $50K
5%
$50K - $150K
16%
$150K - $350K
29%
$350K - $1M
28%
$1M - $2M
14%
Over $2M
8%

Nearby

Other manufacturing industries

See the sector

Machine Shops4,240 · $300,000 All Other Miscellaneous Fabricated Metal Product Manufacturing2,607 · $360,100 All Other Miscellaneous Manufacturing2,510 · $313,000 Sign Manufacturing1,908 · $200,000 Wood Kitchen Cabinet and Countertop Manufacturing1,512 · $249,350 Fabricated Structural Metal Manufacturing1,082 · $350,000 Sheet Metal Work Manufacturing806 · $385,950 Dental Laboratories752 · $146,350

Common questions

How much do SBA lenders typically lend to a rolled steel shape manufacturing business?: The median SBA approval in NAICS 331221 is $349,000, with the middle 80% of loans between $75,000 and $1,706,000. Across all industries the median is $180,000.
Which lenders are most active in rolled steel shape manufacturing?: By dollars approved: The Huntington National Bank, Florida Business Development Corporation, Truist Bank, Newtek Bank, Live Oak Banking Company. 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 rolled steel shape manufacturing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% 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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