How much do SBA lenders typically lend to a fabricated structural metal manufacturing business?

The median SBA approval in NAICS 332312 is $350,000, with the middle 80% of loans between $33,200 and $1,892,000. Across all industries the median is $180,000.

Which lenders are most active in fabricated structural metal manufacturing?

By dollars approved: Newtek Small Business Finance, Inc., U.S. Bank, KeyBank, Mortgage Capital Development Corporation, Wells Fargo 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 fabricated structural metal manufacturing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 332312 · Manufacturing

SBA loans for fabricated structural metal manufacturing

1,082 SBA loans worth $760.6M have been approved in this industry since FY2010 - the #191 most-financed NAICS code in the country.

Median loan

$350,000

+94% vs all industries

Typical range

$33K-$1.9M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

5.9%

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
Newtek Small Business Finance, Inc.	17	$24.4M
U.S. Bank	45	$18.9M
KeyBank	31	$18.2M
Mortgage Capital Development Corporation	11	$16.9M
Wells Fargo Bank	34	$16.5M
JPMorgan Chase Bank	54	$13.3M
Beacon Bank and Trust	7	$11.7M
The Huntington National Bank	39	$11.6M
Truist Bank	12	$11.4M
Byline Bank	10	$10.9M

Geography

Where these loans were made

State	Loans	Share
California	122
Texas	62
Ohio	54
Michigan	51
Wisconsin	49
Florida	49
New York	44
Washington	41

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
12%
$50K - $150K
18%
$150K - $350K
19%
$350K - $1M
28%
$1M - $2M
15%
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 Sheet Metal Work Manufacturing806 · $385,950 Dental Laboratories752 · $146,350 Sporting and Athletic Goods Manufacturing691 · $150,000

Common questions

How much do SBA lenders typically lend to a fabricated structural metal manufacturing business?: The median SBA approval in NAICS 332312 is $350,000, with the middle 80% of loans between $33,200 and $1,892,000. Across all industries the median is $180,000.
Which lenders are most active in fabricated structural metal manufacturing?: By dollars approved: Newtek Small Business Finance, Inc., U.S. Bank, KeyBank, Mortgage Capital Development Corporation, Wells Fargo 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 fabricated structural metal manufacturing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

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