NAICS 332313 · Manufacturing
SBA loans for plate work manufacturing
228 SBA loans worth $156.2M have been approved in this industry since FY2010 - the #511 most-financed NAICS code in the country.
Median loan
$279,900
+56% vs all industries
Typical range
$25K-$1.8M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
3.8%
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 |
|---|---|---|---|
| Associated Bank | 7 | $11.2M | |
| The Huntington National Bank | 13 | $10.6M | |
| Old National Bank | 5 | $6.2M | |
| Wells Fargo Bank | 8 | $5.2M | |
| Michigan Certified Development Corporation | 1 | $5.2M | |
| Twin Cities-Metro Certified Development Company | 5 | $4.8M | |
| Banc of California | 1 | $4.7M | |
| Mountain West Small Business Finance | 5 | $4.3M | |
| Ion Bank | 1 | $4.3M | |
| Truliant FCU | 2 | $4.2M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Wisconsin | 22 | |
| Utah | 18 | |
| California | 14 | |
| Minnesota | 13 | |
| Pennsylvania | 13 | |
| Ohio | 11 | |
| Michigan | 8 | |
| North Carolina | 8 |
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 $50K14%
- $50K - $150K19%
- $150K - $350K20%
- $350K - $1M25%
- $1M - $2M12%
- Over $2M9%
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 plate work manufacturing business?
- The median SBA approval in NAICS 332313 is $279,900, with the middle 80% of loans between $25,000 and $1,836,000. Across all industries the median is $180,000.
- Which lenders are most active in plate work manufacturing?
- By dollars approved: Associated Bank, The Huntington National Bank, Old National Bank, Wells Fargo Bank, Michigan Certified Development Corporation. 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 plate work manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.8% 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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