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.

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

Approvals by fiscal year

’10

’11

’12

’13

’15

’17

’18

’20

’21

’22

’23

’24

’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.