NAICS 562910 · Administrative & Waste
SBA loans for remediation services
1,752 SBA loans worth $707.6M have been approved in this industry since FY2010 - the #131 most-financed NAICS code in the country.
Median loan
$156,800
-13% vs all industries
Typical range
$40K-$950K
Middle 80%
Median rate
8.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
7.1%
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 | Share |
|---|---|---|---|
| Live Oak Banking Company | 145 | $98.3M | |
| United Midwest Savings Bank | 263 | $39.1M | |
| The Huntington National Bank | 217 | $39.0M | |
| Byline Bank | 14 | $23.9M | |
| U.S. Bank | 43 | $23.7M | |
| Newtek Bank | 37 | $21.8M | |
| First Bank of the Lake | 26 | $17.9M | |
| JPMorgan Chase Bank | 44 | $15.8M | |
| Wells Fargo Bank | 64 | $15.4M | |
| KeyBank | 28 | $10.9M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 208 | |
| Texas | 152 | |
| Florida | 136 | |
| New York | 92 | |
| Ohio | 76 | |
| New Jersey | 70 | |
| Georgia | 67 | |
| Pennsylvania | 64 |
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K11%
- $50K - $150K20%
- $150K - $350K40%
- $350K - $1M19%
- $1M - $2M6%
- Over $2M4%
Nearby
Other administrative & waste industries
Common questions
- How much do SBA lenders typically lend to a remediation services business?
- The median SBA approval in NAICS 562910 is $156,800, with the middle 80% of loans between $40,000 and $950,000. Across all industries the median is $180,000.
- Which lenders are most active in remediation services?
- By dollars approved: Live Oak Banking Company, United Midwest Savings Bank, The Huntington National Bank, Byline 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 remediation services considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.1% were charged off, versus 7.6% across all SBA lending. That is close to average.
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