NAICS 532420 · Real Estate
SBA loans for office machinery and equipment rental and leasing
191 SBA loans worth $137.6M have been approved in this industry since FY2010 - the #554 most-financed NAICS code in the country.
Median loan
$348,000
+93% vs all industries
Typical range
$50K-$1.8M
Middle 80%
Median rate
6.50%
7(a) initial note rate
Median term
10 yr
Charge-off rate
7.8%
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 |
|---|---|---|---|
| U.S. Bank | 7 | $9.9M | |
| Wells Fargo Bank | 8 | $5.8M | |
| First Business Bank | 1 | $5.0M | |
| Capital Bank | 1 | $5.0M | |
| Grow America Fund, Incorporated | 1 | $5.0M | |
| Regions Bank | 3 | $5.0M | |
| Village Bank and Trust | 3 | $4.6M | |
| CDC Small Business Finance Corp. | 4 | $4.2M | |
| Mortgage Capital Development Corporation | 5 | $3.3M | |
| Fifth Third Bank | 2 | $3.2M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 44 | |
| Florida | 19 | |
| Texas | 12 | |
| Michigan | 9 | |
| Ohio | 8 | |
| Massachusetts | 8 | |
| Pennsylvania | 7 | |
| Indiana | 6 |
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 - $150K20%
- $150K - $350K20%
- $350K - $1M24%
- $1M - $2M18%
- Over $2M7%
Nearby
Other real estate industries
Offices of Real Estate Agents and Brokers4,900 · $100,000Lessors of Miniwarehouses and Self-Storage Units3,561 · $839,000Lessors of Nonresidential Buildings3,432 · $515,000Residential Property Managers2,560 · $150,000Other Activities Related to Real Estate2,207 · $200,000Other Commercial and Industrial Machinery and Equipment Rental and Leasing1,472 · $282,500Nonresidential Property Managers705 · $221,000General Rental Centers690 · $270,000
Common questions
- How much do SBA lenders typically lend to a office machinery and equipment rental and leasing business?
- The median SBA approval in NAICS 532420 is $348,000, with the middle 80% of loans between $50,000 and $1,800,000. Across all industries the median is $180,000.
- Which lenders are most active in office machinery and equipment rental and leasing?
- By dollars approved: U.S. Bank, Wells Fargo Bank, First Business Bank, Capital Bank, Grow America Fund, Incorporated. 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 office machinery and equipment rental and leasing considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.