How much do SBA lenders typically lend to a solid waste collection business?

The median SBA approval in NAICS 562111 is $176,300, with the middle 80% of loans between $25,000 and $1,056,600. Across all industries the median is $180,000.

Which lenders are most active in solid waste collection?

By dollars approved: The Huntington National Bank, Byline Bank, Old National Bank, SouthState Bank, Newtek 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 solid waste collection 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 562111 · Administrative & Waste

SBA loans for solid waste collection

1,841 SBA loans worth $773.0M have been approved in this industry since FY2010 - the #126 most-financed NAICS code in the country.

Median loan

$176,300

-2% vs all industries

Typical range

$25K-$1.1M

Middle 80%

Median rate

6.50%

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
The Huntington National Bank	172	$47.7M
Byline Bank	16	$19.6M
Old National Bank	22	$15.1M
SouthState Bank	13	$14.5M
Newtek Bank	22	$13.2M
Live Oak Banking Company	9	$11.4M
Empire State Certified Development Corporation	8	$10.8M
Pinnacle Bank	17	$10.7M
Business Finance Capital	7	$10.4M
T Bank	6	$10.2M

Geography

Where these loans were made

State	Loans	Share
Ohio	120
California	111
Minnesota	102
Massachusetts	101
New York	101
Texas	100
Florida	82
Wisconsin	80

Approvals by fiscal year

’10

’11

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’14

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’17

’18

’19

’20

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
19%
$50K - $150K
23%
$150K - $350K
26%
$350K - $1M
21%
$1M - $2M
7%
Over $2M
4%

Nearby

Other administrative & waste industries

See the sector

Landscaping Services15,300 · $80,000 Janitorial Services6,400 · $100,000 Other Services to Buildings and Dwellings3,351 · $125,000 Employment Placement Agencies2,188 · $150,000 Exterminating and Pest Control Services1,777 · $135,000 Remediation Services1,752 · $156,800 Private Mail Centers1,429 · $250,000 Carpet and Upholstery Cleaning Services1,365 · $100,000

Common questions

How much do SBA lenders typically lend to a solid waste collection business?: The median SBA approval in NAICS 562111 is $176,300, with the middle 80% of loans between $25,000 and $1,056,600. Across all industries the median is $180,000.
Which lenders are most active in solid waste collection?: By dollars approved: The Huntington National Bank, Byline Bank, Old National Bank, SouthState Bank, Newtek 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 solid waste collection 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.

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