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

The median SBA approval in NAICS 517312 is $291,250, with the middle 80% of loans between $40,000 and $2,500,000. Across all industries the median is $180,000.

Which lenders are most active in wireless telecommunications carriers?

By dollars approved: Live Oak Banking Company, Newtek Small Business Finance, Inc., KeyBank, Byline Bank, Landmark National 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.

Is wireless telecommunications carriers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 23.3% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 517312 · Information

SBA loans for wireless telecommunications carriers

128 SBA loans worth $92.0M have been approved in this industry since FY2010 - the #629 most-financed NAICS code in the country.

Median loan

$291,250

+62% vs all industries

Typical range

$40K-$2.5M

Middle 80%

Median rate

6.69%

7(a) initial note rate

Median term

10 yr

Charge-off rate

23.3%

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
Live Oak Banking Company	20	$44.6M
Newtek Small Business Finance, Inc.	2	$7.1M
KeyBank	13	$7.1M
Byline Bank	5	$6.1M
Landmark National Bank	1	$3.1M
Dime Commercial Bank	1	$2.6M
CRF Small Business Loan Company, LLC	1	$2.5M
Wells Fargo Bank	5	$2.0M
SouthWest Bank	3	$1.6M
First Commonwealth Bank	2	$1.4M

Geography

Where these loans were made

State	Loans	Share
Texas	16
California	12
New Jersey	8
Utah	7
Washington	7
Colorado	6
New York	6
Massachusetts	6

Approvals by fiscal year

’17

’18

’19

’20

’21

’22

’23

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
12%
$50K - $150K
23%
$150K - $350K
19%
$350K - $1M
27%
$1M - $2M
5%
Over $2M
15%

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 517312 is $291,250, with the middle 80% of loans between $40,000 and $2,500,000. Across all industries the median is $180,000.
Which lenders are most active in wireless telecommunications carriers?: By dollars approved: Live Oak Banking Company, Newtek Small Business Finance, Inc., KeyBank, Byline Bank, Landmark National 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.
Is wireless telecommunications carriers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 23.3% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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