How much do SBA lenders typically lend to a precision turned product manufacturing business?

The median SBA approval in NAICS 332721 is $349,000, with the middle 80% of loans between $50,000 and $1,718,000. Across all industries the median is $180,000.

Which lenders are most active in precision turned product manufacturing?

By dollars approved: The Huntington National Bank, Wells Fargo Bank, Mortgage Capital Development Corporation, U.S. Bank, Capital Access Group, Inc.. 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 precision turned product manufacturing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.1% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 332721 · Manufacturing

SBA loans for precision turned product manufacturing

618 SBA loans worth $425.6M have been approved in this industry since FY2010 - the #299 most-financed NAICS code in the country.

Median loan

$349,000

+94% vs all industries

Typical range

$50K-$1.7M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

9.1%

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	65	$39.7M
Wells Fargo Bank	23	$21.2M
Mortgage Capital Development Corporation	11	$16.6M
U.S. Bank	11	$12.9M
Capital Access Group, Inc.	12	$11.8M
KeyBank	20	$8.5M
Old National Bank	13	$8.5M
JPMorgan Chase Bank	14	$7.5M
Midland States Bank	3	$7.2M
UMB Bank	3	$7.1M

Geography

Where these loans were made

State	Loans	Share
California	81
Ohio	76
Michigan	58
Minnesota	45
Indiana	33
Illinois	32
Arizona	31
Wisconsin	30

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
9%
$50K - $150K
16%
$150K - $350K
25%
$350K - $1M
27%
$1M - $2M
15%
Over $2M
8%

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 precision turned product manufacturing business?: The median SBA approval in NAICS 332721 is $349,000, with the middle 80% of loans between $50,000 and $1,718,000. Across all industries the median is $180,000.
Which lenders are most active in precision turned product manufacturing?: By dollars approved: The Huntington National Bank, Wells Fargo Bank, Mortgage Capital Development Corporation, U.S. Bank, Capital Access Group, Inc.. 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 precision turned product manufacturing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.1% were charged off, versus 7.6% across all SBA lending. That is close to average.

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