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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 |
An SBA 7(a) lender for loans this size
42% of the SBA loans approved in power, distribution, and specialty transformer manufacturing since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
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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