NAICS 517110 · Information
SBA loans for wired telecommunications carriers
227 SBA loans worth $107.5M have been approved in this industry since FY2010 - the #514 most-financed NAICS code in the country.
Median loan
$200,000
+11% vs all industries
Typical range
$25K-$1.1M
Middle 80%
Median rate
5.75%
7(a) initial note rate
Median term
7 yr
Charge-off rate
4.9%
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 |
|---|---|---|---|
| JPMorgan Chase Bank | 16 | $6.6M | |
| Wells Fargo Bank | 15 | $5.7M | |
| Fifth Third Bank | 2 | $5.1M | |
| INTRUST Bank | 1 | $5.0M | |
| North Texas Certified Development Corporation | 2 | $4.7M | |
| Arizona Financial Credit Union | 1 | $4.4M | |
| Independence Bank | 2 | $4.2M | |
| CDC Small Business Finance Corp. | 3 | $4.0M | |
| Newtek Small Business Finance, Inc. | 1 | $3.4M | |
| Byline Bank | 5 | $3.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 30 | |
| Ohio | 21 | |
| New York | 16 | |
| Texas | 13 | |
| Illinois | 12 | |
| Florida | 11 | |
| Massachusetts | 9 | |
| Washington | 8 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’21
’24
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K15%
- $50K - $150K23%
- $150K - $350K30%
- $350K - $1M21%
- $1M - $2M7%
- Over $2M5%
Nearby
Other information industries
Motion Picture and Video Production1,972 · $85,000Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services1,626 · $157,250Software Publishers791 · $100,000All Other Telecommunications552 · $181,000All Other Information Services418 · $139,200Motion Picture Theaters381 · $487,900Internet Publishing and Broadcasting and Web Search Portals371 · $63,200Sound Recording Studios352 · $125,000
Common questions
- How much do SBA lenders typically lend to a wired telecommunications carriers business?
- The median SBA approval in NAICS 517110 is $200,000, with the middle 80% of loans between $25,000 and $1,138,400. Across all industries the median is $180,000.
- Which lenders are most active in wired telecommunications carriers?
- By dollars approved: JPMorgan Chase Bank, Wells Fargo Bank, Fifth Third Bank, INTRUST Bank, North Texas Certified Development Corporation. 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 wired telecommunications carriers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.9% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.
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