How much do SBA lenders typically lend to a nonferrous metal (except copper and aluminum) rolling, drawing, and extruding business?

The median SBA approval in NAICS 331491 is $137,500, with the middle 80% of loans between $19,500 and $1,300,000. Across all industries the median is $180,000.

Which lenders are most active in nonferrous metal (except copper and aluminum) rolling, drawing, and extruding?

By dollars approved: The Huntington National Bank, WesBanco Bank, Inc., Enterprise Bank, Byline Bank, Platinum 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 nonferrous metal (except copper and aluminum) rolling, drawing, and extruding considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.2% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 331491 · Manufacturing

SBA loans for nonferrous metal (except copper and aluminum) rolling, drawing, and extruding

72 SBA loans worth $34.8M have been approved in this industry since FY2010 - the #769 most-financed NAICS code in the country.

Median loan

$137,500

-24% vs all industries

Typical range

$20K-$1.3M

Middle 80%

Median rate

5.75%

7(a) initial note rate

Median term

7 yr

Charge-off rate

2.2%

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	21	$5.7M
WesBanco Bank, Inc.	2	$4.0M
Enterprise Bank	1	$3.6M
Byline Bank	2	$3.4M
Platinum Bank	1	$3.0M
Bank Five Nine	4	$2.4M
CDC Small Business Finance Corp.	1	$1.8M
Wells Fargo Bank	2	$1.4M
HSBC Bank USA	1	$1.3M
So Cal CDC	3	$1.3M

Geography

Where these loans were made

State	Loans	Share
Michigan	16
New York	11
Ohio	6
Texas	5
California	4
Pennsylvania	4
Massachusetts	4
Wisconsin	4

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
18%
$50K - $150K
32%
$150K - $350K
18%
$350K - $1M
17%
$1M - $2M
8%
Over $2M
7%

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 nonferrous metal (except copper and aluminum) rolling, drawing, and extruding business?: The median SBA approval in NAICS 331491 is $137,500, with the middle 80% of loans between $19,500 and $1,300,000. Across all industries the median is $180,000.
Which lenders are most active in nonferrous metal (except copper and aluminum) rolling, drawing, and extruding?: By dollars approved: The Huntington National Bank, WesBanco Bank, Inc., Enterprise Bank, Byline Bank, Platinum 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 nonferrous metal (except copper and aluminum) rolling, drawing, and extruding considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.2% 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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