NAICS 523991 · Finance & Insurance
SBA loans for trust, fiduciary, and custody activities
60 SBA loans worth $29.0M have been approved in this industry since FY2010 - the #814 most-financed NAICS code in the country.
Median loan
$263,500
+46% vs all industries
Typical range
$50K-$1.2M
Middle 80%
Median rate
6.00%
7(a) initial note rate
Median term
15.3 yr
Charge-off rate
3.9%
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 | Share |
|---|---|---|---|
| Wells Fargo Bank | 14 | $13.0M | |
| CDC Small Business Finance Corp. | 1 | $1.8M | |
| The Bancorp Bank | 2 | $1.4M | |
| Grow America Fund, Incorporated | 1 | $1.4M | |
| Mortgage Capital Development Corporation | 3 | $1.1M | |
| Zions Bank, A Division of | 1 | $1.0M | |
| Beneficial State Bank | 1 | $935K | |
| Florida First Capital Finance Corporation, Inc. | 1 | $884K | |
| Southland Economic Development Corporation | 1 | $861K | |
| PNC Bank | 3 | $767K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 19 | |
| Arizona | 6 | |
| Ohio | 4 | |
| Florida | 3 | |
| Utah | 3 | |
| Texas | 3 | |
| Massachusetts | 3 | |
| Missouri | 2 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K10%
- $50K - $150K27%
- $150K - $350K23%
- $350K - $1M27%
- $1M - $2M12%
- Over $2M2%
Nearby
Other finance & insurance industries
Insurance Agencies and Brokerages10,623 · $171,000Investment Advice2,974 · $264,500Portfolio Management and Investment Advice737 · $250,000Mortgage and Nonmortgage Loan Brokers493 · $182,000Miscellaneous Financial Investment Activities411 · $187,500All Other Insurance Related Activities401 · $100,000Portfolio Management392 · $225,500Financial Transactions Processing, Reserve, and Clearinghouse Activities280 · $250,000
Common questions
- How much do SBA lenders typically lend to a trust, fiduciary, and custody activities business?
- The median SBA approval in NAICS 523991 is $263,500, with the middle 80% of loans between $50,000 and $1,157,000. Across all industries the median is $180,000.
- Which lenders are most active in trust, fiduciary, and custody activities?
- By dollars approved: Wells Fargo Bank, CDC Small Business Finance Corp., The Bancorp Bank, Grow America Fund, Incorporated, Mortgage Capital Development Corporation. 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 trust, fiduciary, and custody activities considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.9% 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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