How much do SBA lenders typically lend to a engineering services business?

The median SBA approval in NAICS 541330 is $200,000, with the middle 80% of loans between $25,000 and $1,167,000. Across all industries the median is $180,000.

Which lenders are most active in engineering services?

By dollars approved: Wells Fargo Bank, The Huntington National Bank, Live Oak Banking Company, JPMorgan Chase Bank, U.S. 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 engineering services considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.4% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 541330 · Professional Services

SBA loans for engineering services

5,789 SBA loans worth $2.66B have been approved in this industry since FY2010 - the #41 most-financed NAICS code in the country.

Median loan

$200,000

+11% vs all industries

Typical range

$25K-$1.2M

Middle 80%

Median rate

6.70%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.4%

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
Wells Fargo Bank	416	$159.4M
The Huntington National Bank	294	$110.4M
Live Oak Banking Company	53	$96.6M
JPMorgan Chase Bank	348	$81.1M
U.S. Bank	233	$64.2M
Truist Bank	72	$52.8M
Newtek Bank	88	$52.2M
Newtek Small Business Finance, Inc.	44	$51.1M
Bank of America	89	$47.6M
CDC Small Business Finance Corp.	67	$43.7M

Geography

Where these loans were made

State	Loans	Share
California	932
Texas	436
Florida	381
New York	265
Ohio	246
Michigan	231
Colorado	207
Pennsylvania	175

Approvals by fiscal year

’10

’11

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’13

’14

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’16

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’18

’19

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’21

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’24

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
18%
$50K - $150K
23%
$150K - $350K
25%
$350K - $1M
22%
$1M - $2M
8%
Over $2M
5%

Nearby

Other professional services industries

See the sector

Offices of Lawyers11,836 · $144,350 All Other Professional, Scientific, and Technical Services8,195 · $200,000 Veterinary Services7,303 · $514,600 Offices of Certified Public Accountants6,420 · $177,000 Administrative Management and General Management Consulting Services5,634 · $93,000 Custom Computer Programming Services5,171 · $150,000 Other Computer Related Services4,654 · $160,000 Computer Systems Design Services4,466 · $118,000

Common questions

How much do SBA lenders typically lend to a engineering services business?: The median SBA approval in NAICS 541330 is $200,000, with the middle 80% of loans between $25,000 and $1,167,000. Across all industries the median is $180,000.
Which lenders are most active in engineering services?: By dollars approved: Wells Fargo Bank, The Huntington National Bank, Live Oak Banking Company, JPMorgan Chase Bank, U.S. 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 engineering services considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.4% 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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