How much do SBA lenders typically lend to a mining machinery and equipment manufacturing business?

The median SBA approval in NAICS 333131 is $608,000, with the middle 80% of loans between $80,000 and $3,503,400. Across all industries the median is $180,000.

Which lenders are most active in mining machinery and equipment manufacturing?

By dollars approved: Old National Bank, Northwest Business Development Association, Sunflower Bank, Regions Bank, Fifth Third 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.

Advertiser disclosure: Some links on this page earn us a commission. Compensation never affects our data, our rankings, or which lenders we cover. How we make money.

NAICS 333131 · Manufacturing

SBA loans for mining machinery and equipment manufacturing

44 SBA loans worth $47.8M have been approved in this industry since FY2010 - the #881 most-financed NAICS code in the country.

Median loan

$608,000

+238% vs all industries

Typical range

$80K-$3.5M

Middle 80%

Median rate

5.89%

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
Old National Bank	2	$10.0M
Northwest Business Development Association	3	$6.0M
Sunflower Bank	1	$5.0M
Regions Bank	2	$4.9M
Fifth Third Bank	3	$3.7M
ChoiceOne Bank	1	$3.5M
The American National Bank of Texas	1	$1.7M
First Nebraska Bank	1	$1.6M
First Utah Bank	2	$1.1M
Arizona Capital Source	2	$987K

Geography

Where these loans were made

State	Loans	Share
Utah	6
Texas	5
Ohio	4
Arizona	3
Illinois	3
Wisconsin	3
Idaho	2
Washington	2

An SBA 7(a) lender for loans this size

30% of the SBA loans approved in mining machinery and equipment manufacturing since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

We may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.

Approvals by fiscal year

’10

’12

’15

’18

’21

’23

’25

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
5%
$50K - $150K
14%
$150K - $350K
11%
$350K - $1M
45%
$1M - $2M
9%
Over $2M
16%

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 mining machinery and equipment manufacturing business?: The median SBA approval in NAICS 333131 is $608,000, with the middle 80% of loans between $80,000 and $3,503,400. Across all industries the median is $180,000.
Which lenders are most active in mining machinery and equipment manufacturing?: By dollars approved: Old National Bank, Northwest Business Development Association, Sunflower Bank, Regions Bank, Fifth Third 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.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.