How much do SBA lenders typically lend to a musical instrument manufacturing business?

The median SBA approval in NAICS 339992 is $150,000, with the middle 80% of loans between $20,000 and $927,000. Across all industries the median is $180,000.

Which lenders are most active in musical instrument manufacturing?

By dollars approved: Climate First Bank, Mountain West Small Business Finance, The Huntington National Bank, Empire State Certified Development Corporation, Verve, a Credit Union. 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 musical instrument manufacturing considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.3% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 339992 · Manufacturing

SBA loans for musical instrument manufacturing

120 SBA loans worth $38.5M have been approved in this industry since FY2010 - the #645 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$20K-$927K

Middle 80%

Median rate

7.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

6.3%

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
Climate First Bank	2	$3.7M
Mountain West Small Business Finance	2	$2.4M
The Huntington National Bank	5	$2.2M
Empire State Certified Development Corporation	3	$2.1M
Verve, a Credit Union	1	$2.0M
First State Bank of Middlebury	1	$1.6M
Mortgage Capital Development Corporation	2	$1.5M
SouthStar Bank	1	$1.2M
Regions Bank	1	$1.2M
Truist Bank	2	$1.2M

Geography

Where these loans were made

State	Loans	Share
California	16
Ohio	9
Illinois	7
North Carolina	7
Texas	7
Massachusetts	6
Indiana	5
Tennessee	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 $50K
19%
$50K - $150K
30%
$150K - $350K
24%
$350K - $1M
19%
$1M - $2M
6%
Over $2M
2%

Nearby

Other manufacturing industries

See the sector

Machine Shops4,240 · $300,000 All Other Miscellaneous Fabricated Metal Product Manufacturing2,607 · $360,100 All Other Miscellaneous Manufacturing2,510 · $313,000 Sign Manufacturing1,908 · $200,000 Wood Kitchen Cabinet and Countertop Manufacturing1,512 · $249,350 Fabricated Structural Metal Manufacturing1,082 · $350,000 Sheet Metal Work Manufacturing806 · $385,950 Dental Laboratories752 · $146,350

Common questions

How much do SBA lenders typically lend to a musical instrument manufacturing business?: The median SBA approval in NAICS 339992 is $150,000, with the middle 80% of loans between $20,000 and $927,000. Across all industries the median is $180,000.
Which lenders are most active in musical instrument manufacturing?: By dollars approved: Climate First Bank, Mountain West Small Business Finance, The Huntington National Bank, Empire State Certified Development Corporation, Verve, a Credit Union. 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 musical instrument manufacturing considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.3% were charged off, versus 7.6% across all SBA lending. That is close to average.

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