NAICS 335311 · Manufacturing
SBA loans for power, distribution, and specialty transformer manufacturing
83 SBA loans worth $76.8M have been approved in this industry since FY2010 - the #734 most-financed NAICS code in the country.
Median loan
$475,000
+164% vs all industries
Typical range
$50K-$2.2M
Middle 80%
Median rate
6.25%
7(a) initial note rate
Median term
10 yr
Charge-off rate
15.6%
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 |
|---|---|---|---|
| Wells Fargo Bank | 8 | $7.8M | |
| B:Side Capital | 1 | $5.0M | |
| First Interstate Bank | 1 | $5.0M | |
| Midland States Bank | 1 | $4.9M | |
| Regions Bank | 3 | $4.8M | |
| Banco Popular de Puerto Rico | 4 | $4.8M | |
| Small Business Growth Corporation | 3 | $4.0M | |
| Newtek Small Business Finance, Inc. | 1 | $3.8M | |
| Peoples National Bank | 3 | $3.7M | |
| Mortgage Capital Development Corporation | 1 | $2.9M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Texas | 9 | |
| California | 8 | |
| Florida | 6 | |
| Colorado | 6 | |
| Connecticut | 5 | |
| Ohio | 4 | |
| Illinois | 4 | |
| Wisconsin | 4 |
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K8%
- $50K - $150K13%
- $150K - $350K20%
- $350K - $1M30%
- $1M - $2M17%
- Over $2M11%
Nearby
Other manufacturing industries
Common questions
- How much do SBA lenders typically lend to a power, distribution, and specialty transformer manufacturing business?
- The median SBA approval in NAICS 335311 is $475,000, with the middle 80% of loans between $50,000 and $2,207,000. Across all industries the median is $180,000.
- Which lenders are most active in power, distribution, and specialty transformer manufacturing?
- By dollars approved: Wells Fargo Bank, B:Side Capital, First Interstate Bank, Midland States Bank, Regions 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 power, distribution, and specialty transformer manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 15.6% 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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