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FundingForBusinesses

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NAICS 541110 · Professional Services

SBA loans for offices of lawyers

11,836 SBA loans worth $3.79B have been approved in this industry since FY2010 - the #16 most-financed NAICS code in the country.

Median loan

$144,350

-20% vs all industries

Typical range

$23K-$788K

Middle 80%

Median rate

7.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.9%

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

LenderLoansApprovedShare
Wells Fargo Bank908$279.7M
Mortgage Capital Development Corporation171$153.1M
CDC Small Business Finance Corp.184$143.5M
U.S. Bank444$139.1M
JPMorgan Chase Bank817$138.6M
Business Finance Capital83$105.3M
California Statewide Certified Development Corporation85$101.6M
Florida Business Development Corporation230$95.7M
The Huntington National Bank498$95.3M
FinWise Bank171$89.5M

Geography

Where these loans were made

StateLoansShare
California2,129
Florida1,028
New York798
Massachusetts757
Texas747
Washington358
Ohio355
Illinois354

An SBA 7(a) lender for loans this size

74% of the SBA loans approved in offices of lawyers since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

We may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.

Approvals by fiscal year

’10
 
’12
 
’14
 
’16
 
’18
 
’20
 
’22
 
’24
 
’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

  • Under $50K
    23%
  • $50K - $150K
    27%
  • $150K - $350K
    24%
  • $350K - $1M
    18%
  • $1M - $2M
    5%
  • Over $2M
    2%

Nearby

Other professional services industries

See the sector
All Other Professional, Scientific, and Technical Services8,195 · $200,000Veterinary Services7,303 · $514,600Offices of Certified Public Accountants6,420 · $177,000Engineering Services5,789 · $200,000Administrative Management and General Management Consulting Services5,634 · $93,000Custom Computer Programming Services5,171 · $150,000Other Computer Related Services4,654 · $160,000Computer Systems Design Services4,466 · $118,000

Common questions

How much do SBA lenders typically lend to a offices of lawyers business?
The median SBA approval in NAICS 541110 is $144,350, with the middle 80% of loans between $23,000 and $787,500. Across all industries the median is $180,000.
Which lenders are most active in offices of lawyers?
By dollars approved: Wells Fargo Bank, Mortgage Capital Development Corporation, CDC Small Business Finance Corp., U.S. 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 offices of lawyers considered a risky industry by SBA lenders?
Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.9% 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.