How much do SBA lenders typically lend to a iron foundries business?

The median SBA approval in NAICS 331511 is $362,000, with the middle 80% of loans between $100,000 and $1,650,000. Across all industries the median is $180,000.

Which lenders are most active in iron foundries?

By dollars approved: First Interstate Bank, Availa Bank, Midwest Regional Bank, U.S. Bank, Banc of California. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

NAICS 331511 · Manufacturing

SBA loans for iron foundries

53 SBA loans worth $40.1M have been approved in this industry since FY2010 - the #836 most-financed NAICS code in the country.

Median loan

$362,000

+101% vs all industries

Typical range

$100K-$1.6M

Middle 80%

Median rate

5.88%

7(a) initial note rate

Median term

10 yr

Charge-off rate

Cohort too small

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
First Interstate Bank	1	$5.0M
Availa Bank	2	$4.6M
Midwest Regional Bank	2	$3.5M
U.S. Bank	1	$3.0M
Banc of California	4	$2.6M
Newtek Bank	1	$2.3M
TD Bank	2	$1.9M
Live Oak Banking Company	2	$1.9M
Byline Bank	2	$1.9M
Community Investment Corporation	2	$1.4M

Geography

Where these loans were made

State	Loans	Share
Texas	7
Wisconsin	5
New York	5
Ohio	5
California	4
Iowa	4
Maine	4
Missouri	3

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
6%
$50K - $150K
13%
$150K - $350K
30%
$350K - $1M
25%
$1M - $2M
17%
Over $2M
9%

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 iron foundries business?: The median SBA approval in NAICS 331511 is $362,000, with the middle 80% of loans between $100,000 and $1,650,000. Across all industries the median is $180,000.
Which lenders are most active in iron foundries?: By dollars approved: First Interstate Bank, Availa Bank, Midwest Regional Bank, U.S. Bank, Banc of California. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

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