How much do SBA lenders typically lend to a machine tool manufacturing business?

The median SBA approval in NAICS 333517 is $299,500, with the middle 80% of loans between $50,000 and $1,768,000. Across all industries the median is $180,000.

Which lenders are most active in machine tool manufacturing?

By dollars approved: Byline Bank, The Huntington National Bank, Michigan Certified Development Corporation, Mortgage Capital Development Corporation, U.S. 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 machine tool manufacturing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.2% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 333517 · Manufacturing

SBA loans for machine tool manufacturing

396 SBA loans worth $235.0M have been approved in this industry since FY2010 - the #383 most-financed NAICS code in the country.

Median loan

$299,500

+66% vs all industries

Typical range

$50K-$1.8M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.2%

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
Byline Bank	7	$15.7M
The Huntington National Bank	30	$13.8M
Michigan Certified Development Corporation	8	$8.4M
Mortgage Capital Development Corporation	5	$8.0M
U.S. Bank	16	$7.4M
KeyBank	9	$7.4M
JPMorgan Chase Bank	16	$7.2M
Wells Fargo Bank	19	$6.8M
Business Finance Capital	4	$6.3M
Waukesha State Bank	12	$5.4M

Geography

Where these loans were made

State	Loans	Share
Michigan	56
California	46
Ohio	38
Wisconsin	36
New York	25
Minnesota	22
Illinois	20
Missouri	17

Approvals by fiscal year

’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
22%
$150K - $350K
22%
$350K - $1M
28%
$1M - $2M
12%
Over $2M
7%

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 machine tool manufacturing business?: The median SBA approval in NAICS 333517 is $299,500, with the middle 80% of loans between $50,000 and $1,768,000. Across all industries the median is $180,000.
Which lenders are most active in machine tool manufacturing?: By dollars approved: Byline Bank, The Huntington National Bank, Michigan Certified Development Corporation, Mortgage Capital Development Corporation, U.S. 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 machine tool manufacturing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.2% 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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