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
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Wells Fargo Bank | 908 | $279.7M | |
| Mortgage Capital Development Corporation | 171 | $153.1M | |
| CDC Small Business Finance Corp. | 184 | $143.5M | |
| U.S. Bank | 444 | $139.1M | |
| JPMorgan Chase Bank | 817 | $138.6M | |
| Business Finance Capital | 83 | $105.3M | |
| California Statewide Certified Development Corporation | 85 | $101.6M | |
| Florida Business Development Corporation | 230 | $95.7M | |
| The Huntington National Bank | 498 | $95.3M | |
| FinWise Bank | 171 | $89.5M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 2,129 | |
| Florida | 1,028 | |
| New York | 798 | |
| Massachusetts | 757 | |
| Texas | 747 | |
| Washington | 358 | |
| Ohio | 355 | |
| Illinois | 354 |
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K23%
- $50K - $150K27%
- $150K - $350K24%
- $350K - $1M18%
- $1M - $2M5%
- Over $2M2%
Nearby
Other professional services industries
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.
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