How much do SBA lenders typically lend to a wireless telecommunications carriers business?

The median SBA approval in NAICS 517210 is $115,550, with the middle 80% of loans between $20,000 and $590,000. Across all industries the median is $180,000.

Which lenders are most active in wireless telecommunications carriers?

By dollars approved: Old National Bank, Bank of Hope, Truist Bank, Live Oak Banking Company, Hana Small Business Lending, Inc.. 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 wireless telecommunications carriers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 517210 · Information

SBA loans for wireless telecommunications carriers

278 SBA loans worth $75.8M have been approved in this industry since FY2010 - the #468 most-financed NAICS code in the country.

Median loan

$115,550

-36% vs all industries

Typical range

$20K-$590K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

7 yr

Charge-off rate

4.8%

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
Old National Bank	11	$6.4M
Bank of Hope	19	$5.0M
Truist Bank	11	$3.7M
Live Oak Banking Company	2	$3.5M
Hana Small Business Lending, Inc.	2	$3.5M
EagleBank	2	$3.3M
SoFi Bank	1	$3.2M
Bank of America	4	$2.6M
Columbia Bank	5	$2.2M
JPMorgan Chase Bank	14	$2.2M

Geography

Where these loans were made

State	Loans	Share
California	27
Texas	24
Minnesota	23
New York	19
Washington	18
Ohio	14
Florida	12
Illinois	9

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’20

’23

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
27%
$50K - $150K
27%
$150K - $350K
24%
$350K - $1M
18%
$1M - $2M
4%
Over $2M
2%

Nearby

Other information industries

See the sector

Motion Picture and Video Production1,972 · $85,000 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services1,626 · $157,250 Software Publishers791 · $100,000 All Other Telecommunications552 · $181,000 All Other Information Services418 · $139,200 Motion Picture Theaters381 · $487,900 Internet Publishing and Broadcasting and Web Search Portals371 · $63,200 Sound Recording Studios352 · $125,000

Common questions

How much do SBA lenders typically lend to a wireless telecommunications carriers business?: The median SBA approval in NAICS 517210 is $115,550, with the middle 80% of loans between $20,000 and $590,000. Across all industries the median is $180,000.
Which lenders are most active in wireless telecommunications carriers?: By dollars approved: Old National Bank, Bank of Hope, Truist Bank, Live Oak Banking Company, Hana Small Business Lending, Inc.. 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 wireless telecommunications carriers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.8% 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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