How much do SBA lenders typically lend to a nonresidential property managers business?

The median SBA approval in NAICS 531312 is $221,000, with the middle 80% of loans between $25,000 and $1,280,000. Across all industries the median is $180,000.

Which lenders are most active in nonresidential property managers?

By dollars approved: NewBank, Newtek Bank, The Huntington National Bank, Wells Fargo Bank, JPMorgan Chase 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 nonresidential property managers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.1% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 531312 · Real Estate

SBA loans for nonresidential property managers

705 SBA loans worth $340.7M have been approved in this industry since FY2010 - the #263 most-financed NAICS code in the country.

Median loan

$221,000

+23% vs all industries

Typical range

$25K-$1.3M

Middle 80%

Median rate

6.92%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.1%

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
NewBank	72	$92.8M
Newtek Bank	51	$21.6M
The Huntington National Bank	34	$10.1M
Wells Fargo Bank	25	$8.1M
JPMorgan Chase Bank	43	$7.5M
Florida Business Development Corporation	3	$7.4M
Newtek Small Business Finance, Inc.	10	$7.0M
B:Side Capital	2	$5.8M
Readycap Lending, LLC	6	$5.7M
United Business Bank	3	$5.6M

Geography

Where these loans were made

State	Loans	Share
New York	98
California	80
New Jersey	48
Florida	47
Texas	41
Ohio	33
Arizona	26
Colorado	25

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 $50K
16%
$50K - $150K
23%
$150K - $350K
24%
$350K - $1M
24%
$1M - $2M
9%
Over $2M
5%

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 Lessors of Nonresidential Buildings3,432 · $515,000 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 General Rental Centers690 · $270,000 Lessors of Other Real Estate Property637 · $430,000

Common questions

How much do SBA lenders typically lend to a nonresidential property managers business?: The median SBA approval in NAICS 531312 is $221,000, with the middle 80% of loans between $25,000 and $1,280,000. Across all industries the median is $180,000.
Which lenders are most active in nonresidential property managers?: By dollars approved: NewBank, Newtek Bank, The Huntington National Bank, Wells Fargo Bank, JPMorgan Chase 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 nonresidential property managers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.1% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.