NAICS 334511 · Manufacturing
SBA loans for search, detection, navigation, guidance, aeronautical, and nautical system and instrument manufacturing
101 SBA loans worth $76.7M have been approved in this industry since FY2010 - the #693 most-financed NAICS code in the country.
Median loan
$300,000
+67% vs all industries
Typical range
$30K-$2.5M
Middle 80%
Median rate
6.25%
7(a) initial note rate
Median term
7 yr
Charge-off rate
16.9%
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 | Share |
|---|---|---|---|
| Hancock Whitney Bank | 4 | $9.3M | |
| Mortgage Capital Development Corporation | 4 | $7.8M | |
| Poppy Bank | 6 | $5.7M | |
| Glacier Bank | 4 | $5.5M | |
| Newtek Bank | 3 | $4.8M | |
| Citibank | 1 | $4.0M | |
| Business Finance Capital | 1 | $2.9M | |
| Business Finance Group, Inc. | 1 | $2.8M | |
| CDC Small Business Finance Corp. | 1 | $2.6M | |
| Bay Colony Development Corporation | 2 | $2.5M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 23 | |
| Rhode Island | 10 | |
| Florida | 8 | |
| Maryland | 5 | |
| Massachusetts | 5 | |
| Arizona | 4 | |
| Utah | 4 | |
| Pennsylvania | 4 |
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K15%
- $50K - $150K12%
- $150K - $350K25%
- $350K - $1M27%
- $1M - $2M8%
- Over $2M14%
Nearby
Other manufacturing industries
Common questions
- How much do SBA lenders typically lend to a search, detection, navigation, guidance, aeronautical, and nautical system and instrument manufacturing business?
- The median SBA approval in NAICS 334511 is $300,000, with the middle 80% of loans between $30,000 and $2,506,000. Across all industries the median is $180,000.
- Which lenders are most active in search, detection, navigation, guidance, aeronautical, and nautical system and instrument manufacturing?
- By dollars approved: Hancock Whitney Bank, Mortgage Capital Development Corporation, Poppy Bank, Glacier Bank, Newtek 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 search, detection, navigation, guidance, aeronautical, and nautical system and instrument manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 16.9% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.
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