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NAICS 517111 · Information
SBA loans for wired telecommunications carriers
60 SBA loans worth $42.8M have been approved in this industry since FY2010 - the #816 most-financed NAICS code in the country.
Median loan
$250,000
+39% vs all industries
Typical range
$100K-$2.0M
Middle 80%
Median rate
10.43%
7(a) initial note rate
Median term
10 yr
Charge-off rate
-
Cohort too small
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 |
|---|---|---|---|
| Live Oak Banking Company | 9 | $20.5M | |
| MidFirst Bank | 1 | $2.8M | |
| Truist Bank | 2 | $2.7M | |
| Mortgage Capital Development Corporation | 3 | $2.5M | |
| Northeast Bank | 9 | $2.2M | |
| Newtek Small Business Finance, Inc. | 1 | $2.0M | |
| The Huntington National Bank | 6 | $1.8M | |
| Minnwest Bank | 1 | $1.0M | |
| The Bank of Missouri | 1 | $1.0M | |
| Intermountain Business Lending, Inc. | 1 | $652K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 10 | |
| Florida | 8 | |
| Texas | 6 | |
| New York | 6 | |
| Arizona | 3 | |
| New Jersey | 3 | |
| Ohio | 3 | |
| Louisiana | 3 |
An SBA 7(a) lender for loans this size
57% of the SBA loans approved in wired telecommunications carriers 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 $50K3%
- $50K - $150K15%
- $150K - $350K38%
- $350K - $1M20%
- $1M - $2M12%
- Over $2M12%
Nearby
Other information industries
Common questions
- How much do SBA lenders typically lend to a wired telecommunications carriers business?
- The median SBA approval in NAICS 517111 is $250,000, with the middle 80% of loans between $100,000 and $2,000,000. Across all industries the median is $180,000.
- Which lenders are most active in wired telecommunications carriers?
- By dollars approved: Live Oak Banking Company, MidFirst Bank, Truist Bank, Mortgage Capital Development Corporation, Northeast 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.
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