How much do SBA lenders typically lend to a lessors of nonresidential buildings business?

The median SBA approval in NAICS 531120 is $515,000, with the middle 80% of loans between $113,000 and $2,028,000. Across all industries the median is $180,000.

Which lenders are most active in lessors of nonresidential buildings?

By dollars approved: Enterprise Bank & Trust, Wells Fargo Bank, Harvest Small Business Finance, LLC, First National Bank of Pennsylvania, Byline 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 lessors of nonresidential buildings considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.4% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 531120 · Real Estate

SBA loans for lessors of nonresidential buildings

3,432 SBA loans worth $2.91B have been approved in this industry since FY2010 - the #72 most-financed NAICS code in the country.

Median loan

$515,000

+186% vs all industries

Typical range

$113K-$2.0M

Middle 80%

Median rate

5.75%

7(a) initial note rate

Median term

25 yr

Charge-off rate

2.4%

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
Enterprise Bank & Trust	304	$324.1M
Wells Fargo Bank	108	$101.7M
Harvest Small Business Finance, LLC	55	$88.6M
First National Bank of Pennsylvania	48	$79.2M
Byline Bank	59	$79.1M
U.S. Bank	59	$71.8M
The Bancorp Bank	31	$52.4M
Columbia Bank	61	$45.4M
Celtic Bank Corporation	34	$42.5M
The Huntington National Bank	72	$41.8M

Geography

Where these loans were made

State	Loans	Share
California	457
Texas	238
New York	147
Minnesota	137
Wisconsin	134
Ohio	133
Indiana	131
Michigan	125

Approvals by fiscal year

’10

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
3%
$50K - $150K
11%
$150K - $350K
22%
$350K - $1M
36%
$1M - $2M
18%
Over $2M
11%

Nearby

Other real estate industries

See the sector

Offices of Real Estate Agents and Brokers4,900 · $100,000 Lessors of Miniwarehouses and Self-Storage Units3,561 · $839,000 Residential Property Managers2,560 · $150,000 Other Activities Related to Real Estate2,207 · $200,000 Other Commercial and Industrial Machinery and Equipment Rental and Leasing1,472 · $282,500 Nonresidential Property Managers705 · $221,000 General Rental Centers690 · $270,000 Lessors of Other Real Estate Property637 · $430,000

Common questions

How much do SBA lenders typically lend to a lessors of nonresidential buildings business?: The median SBA approval in NAICS 531120 is $515,000, with the middle 80% of loans between $113,000 and $2,028,000. Across all industries the median is $180,000.
Which lenders are most active in lessors of nonresidential buildings?: By dollars approved: Enterprise Bank & Trust, Wells Fargo Bank, Harvest Small Business Finance, LLC, First National Bank of Pennsylvania, Byline 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 lessors of nonresidential buildings considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.4% 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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