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NAICS 335312 · Manufacturing
SBA loans for motor and generator manufacturing
104 SBA loans worth $88.7M have been approved in this industry since FY2010 - the #684 most-financed NAICS code in the country.
Median loan
$345,500
+92% vs all industries
Typical range
$25K-$2.9M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
7.7%
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 | 2 | $8.0M | |
| U.S. Bank | 5 | $7.4M | |
| Fortress Bank | 2 | $5.9M | |
| Capital Certified Development Corporation | 1 | $5.5M | |
| Webster Bank | 2 | $5.5M | |
| Central Minnesota Development Company | 1 | $5.1M | |
| First National Bank of Michigan | 1 | $4.9M | |
| America First Federal Credit Union | 1 | $4.3M | |
| First Merchants Bank | 2 | $4.0M | |
| JPMorgan Chase Bank | 8 | $3.5M |
An SBA 7(a) lender for loans this size
50% of the SBA loans approved in motor and generator 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 $50K13%
- $50K - $150K11%
- $150K - $350K26%
- $350K - $1M30%
- $1M - $2M7%
- Over $2M13%
Franchise brands in Motor and Generator Manufacturing
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Generator Supercenter | 3 | $840K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other manufacturing industries
Common questions
- How much do SBA lenders typically lend to a motor and generator manufacturing business?
- The median SBA approval in NAICS 335312 is $345,500, with the middle 80% of loans between $25,300 and $2,881,000. Across all industries the median is $180,000.
- Which lenders are most active in motor and generator manufacturing?
- By dollars approved: GBC International Bank, U.S. Bank, Fortress Bank, Capital Certified Development Corporation, Webster 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 motor and generator manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.7% were charged off, versus 7.6% across all SBA lending. That is close to average.
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