How much do SBA lenders typically lend to a metal tank (heavy gauge) manufacturing business?

The median SBA approval in NAICS 332420 is $533,000, with the middle 80% of loans between $90,000 and $3,140,900. Across all industries the median is $180,000.

Which lenders are most active in metal tank (heavy gauge) manufacturing?

By dollars approved: Carrollton Bank, Dakota Business Finance, Growth Capital Corp., Truist Bank, UMB 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 metal tank (heavy gauge) 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 332420 · Manufacturing

SBA loans for metal tank (heavy gauge) manufacturing

88 SBA loans worth $104.1M have been approved in this industry since FY2010 - the #722 most-financed NAICS code in the country.

Median loan

$533,000

+196% vs all industries

Typical range

$90K-$3.1M

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
Carrollton Bank	4	$18.5M
Dakota Business Finance	2	$11.0M
Growth Capital Corp.	3	$5.6M
Truist Bank	1	$5.0M
UMB Bank	4	$4.1M
WBD, Inc.	2	$3.8M
OakStar Bank	1	$3.5M
Wells Fargo Bank	1	$3.1M
First Business Bank	1	$3.0M
BizCapital BIDCO I, LLC	1	$2.8M

Geography

Where these loans were made

State	Loans	Share
Texas	13
Missouri	8
California	6
Ohio	6
New Jersey	5
Idaho	5
Wisconsin	4
Minnesota	4

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

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’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
6%
$50K - $150K
18%
$150K - $350K
10%
$350K - $1M
32%
$1M - $2M
13%
Over $2M
22%

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 metal tank (heavy gauge) manufacturing business?: The median SBA approval in NAICS 332420 is $533,000, with the middle 80% of loans between $90,000 and $3,140,900. Across all industries the median is $180,000.
Which lenders are most active in metal tank (heavy gauge) manufacturing?: By dollars approved: Carrollton Bank, Dakota Business Finance, Growth Capital Corp., Truist Bank, UMB 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 metal tank (heavy gauge) 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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