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 |
Approvals by fiscal year
’22
’23
’24
’25
’26
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
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 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.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.