NAICS 334516 · Manufacturing
SBA loans for analytical laboratory instrument manufacturing
122 SBA loans worth $105.8M have been approved in this industry since FY2010 - the #639 most-financed NAICS code in the country.
Median loan
$500,000
+178% vs all industries
Typical range
$40K-$2.1M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
6.5%
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 |
|---|---|---|---|
| GBC International Bank | 7 | $13.7M | |
| Wells Fargo Bank | 9 | $9.3M | |
| Truist Bank | 6 | $6.3M | |
| Fulton Bank | 5 | $5.0M | |
| Bank of America | 3 | $4.9M | |
| Southland Economic Development Corporation | 4 | $4.9M | |
| Beacon Bank and Trust | 2 | $4.7M | |
| Live Oak Banking Company | 2 | $4.7M | |
| Mortgage Capital Development Corporation | 3 | $4.5M | |
| OceanFirst Bank | 2 | $3.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 35 | |
| Massachusetts | 11 | |
| Florida | 7 | |
| Nevada | 7 | |
| New York | 7 | |
| Maryland | 6 | |
| New Jersey | 6 | |
| Washington | 5 |
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 $50K11%
- $50K - $150K13%
- $150K - $350K17%
- $350K - $1M24%
- $1M - $2M23%
- Over $2M12%
Nearby
Other manufacturing industries
Machine Shops4,240 · $300,000All Other Miscellaneous Fabricated Metal Product Manufacturing2,607 · $360,100All Other Miscellaneous Manufacturing2,510 · $313,000Sign Manufacturing1,908 · $200,000Wood Kitchen Cabinet and Countertop Manufacturing1,512 · $249,350Fabricated Structural Metal Manufacturing1,082 · $350,000Sheet Metal Work Manufacturing806 · $385,950Dental Laboratories752 · $146,350
Common questions
- How much do SBA lenders typically lend to a analytical laboratory instrument manufacturing business?
- The median SBA approval in NAICS 334516 is $500,000, with the middle 80% of loans between $40,000 and $2,056,000. Across all industries the median is $180,000.
- Which lenders are most active in analytical laboratory instrument manufacturing?
- By dollars approved: GBC International Bank, Wells Fargo Bank, Truist Bank, Fulton Bank, Bank of America. 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 analytical laboratory instrument manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.5% were charged off, versus 7.6% across all SBA lending. That is close to average.
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