How much do SBA lenders typically lend to a real estate credit business?

The median SBA approval in NAICS 522292 is $350,000, with the middle 80% of loans between $75,000 and $1,470,000. Across all industries the median is $180,000.

Which lenders are most active in real estate credit?

By dollars approved: Georgia Banking Company, Open Bank, California Statewide Certified Development Corporation, Mountain West Small Business Finance, SBA CLSC Servicing. 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 real estate credit considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.2% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 522292 · Finance & Insurance

SBA loans for real estate credit

94 SBA loans worth $56.9M have been approved in this industry since FY2010 - the #704 most-financed NAICS code in the country.

Median loan

$350,000

+94% vs all industries

Typical range

$75K-$1.5M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

20 yr

Charge-off rate

2.2%

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
Georgia Banking Company	1	$5.0M
Open Bank	1	$4.3M
California Statewide Certified Development Corporation	2	$4.1M
Mountain West Small Business Finance	5	$3.6M
SBA CLSC Servicing	2	$3.2M
The Huntington National Bank	3	$2.7M
CDC Small Business Finance Corp.	5	$2.3M
Enterprise Bank & Trust	2	$2.2M
504 Capital Corporation	1	$2.0M
Mortgage Capital Development Corporation	3	$1.8M

Geography

Where these loans were made

State	Loans	Share
California	26
Florida	6
Utah	6
New York	6
Michigan	5
Texas	5
Maryland	4
Illinois	4

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
5%
$50K - $150K
17%
$150K - $350K
27%
$350K - $1M
36%
$1M - $2M
9%
Over $2M
6%

Nearby

Other finance & insurance industries

See the sector

Insurance Agencies and Brokerages10,623 · $171,000 Investment Advice2,974 · $264,500 Portfolio Management and Investment Advice737 · $250,000 Mortgage and Nonmortgage Loan Brokers493 · $182,000 Miscellaneous Financial Investment Activities411 · $187,500 All Other Insurance Related Activities401 · $100,000 Portfolio Management392 · $225,500 Financial Transactions Processing, Reserve, and Clearinghouse Activities280 · $250,000

Common questions

How much do SBA lenders typically lend to a real estate credit business?: The median SBA approval in NAICS 522292 is $350,000, with the middle 80% of loans between $75,000 and $1,470,000. Across all industries the median is $180,000.
Which lenders are most active in real estate credit?: By dollars approved: Georgia Banking Company, Open Bank, California Statewide Certified Development Corporation, Mountain West Small Business Finance, SBA CLSC Servicing. 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 real estate credit considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.2% 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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