NAICS 337211 · Manufacturing
SBA loans for wood office furniture manufacturing
138 SBA loans worth $69.0M have been approved in this industry since FY2010 - the #612 most-financed NAICS code in the country.
Median loan
$220,750
+23% vs all industries
Typical range
$50K-$1.3M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
8.4%
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 |
|---|---|---|---|
| The Huntington National Bank | 7 | $5.9M | |
| Bay Area Employment Development Company | 3 | $5.5M | |
| Citizens Bank | 3 | $5.3M | |
| Pinnacle Bank | 2 | $2.9M | |
| Bank First | 1 | $2.7M | |
| Illinois Business Financial Services | 1 | $2.6M | |
| Truliant FCU | 1 | $2.5M | |
| Newtek Small Business Finance, Inc. | 3 | $2.3M | |
| Truist Bank | 1 | $2.2M | |
| Grow America Fund, Incorporated | 3 | $2.2M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 14 | |
| New York | 13 | |
| Michigan | 11 | |
| Minnesota | 9 | |
| Massachusetts | 7 | |
| Indiana | 7 | |
| Illinois | 6 | |
| Utah | 6 |
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 $50K10%
- $50K - $150K22%
- $150K - $350K27%
- $350K - $1M28%
- $1M - $2M7%
- Over $2M6%
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 wood office furniture manufacturing business?
- The median SBA approval in NAICS 337211 is $220,750, with the middle 80% of loans between $50,000 and $1,260,000. Across all industries the median is $180,000.
- Which lenders are most active in wood office furniture manufacturing?
- By dollars approved: The Huntington National Bank, Bay Area Employment Development Company, Citizens Bank, Pinnacle Bank, Bank First. 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 wood office furniture manufacturing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.4% were charged off, versus 7.6% across all SBA lending. That is close to average.
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