NAICS 611420 · Education
SBA loans for computer training
202 SBA loans worth $59.4M have been approved in this industry since FY2010 - the #539 most-financed NAICS code in the country.
Median loan
$150,000
-17% vs all industries
Typical range
$20K-$500K
Middle 80%
Median rate
7.50%
7(a) initial note rate
Median term
10 yr
Charge-off rate
8.4%
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 | Share |
|---|---|---|---|
| Celtic Bank Corporation | 5 | $5.5M | |
| Newtek Bank | 8 | $4.0M | |
| Wells Fargo Bank | 17 | $3.8M | |
| Capital Access Group, Inc. | 1 | $3.4M | |
| The Huntington National Bank | 20 | $3.2M | |
| JPMorgan Chase Bank | 15 | $2.6M | |
| HomeTrust Bank | 1 | $2.5M | |
| Enterprise Bank & Trust | 1 | $2.1M | |
| California Statewide Certified Development Corporation | 1 | $2.0M | |
| Columbia Bank | 3 | $1.9M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 28 | |
| Texas | 23 | |
| Florida | 18 | |
| Massachusetts | 14 | |
| Ohio | 11 | |
| Virginia | 11 | |
| New York | 10 | |
| New Jersey | 8 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K19%
- $50K - $150K25%
- $150K - $350K40%
- $350K - $1M9%
- $1M - $2M4%
- Over $2M2%
Nearby
Other education industries
Sports and Recreation Instruction4,125 · $161,000All Other Miscellaneous Schools and Instruction2,168 · $135,000Fine Arts Schools1,997 · $125,000Educational Support Services1,693 · $90,000Elementary and Secondary Schools1,386 · $601,500Exam Preparation and Tutoring920 · $120,000Professional and Management Development Training745 · $100,000Other Technical and Trade Schools744 · $200,000
Common questions
- How much do SBA lenders typically lend to a computer training business?
- The median SBA approval in NAICS 611420 is $150,000, with the middle 80% of loans between $20,000 and $500,000. Across all industries the median is $180,000.
- Which lenders are most active in computer training?
- By dollars approved: Celtic Bank Corporation, Newtek Bank, Wells Fargo Bank, Capital Access Group, Inc., The Huntington National 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 computer training considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.4% were charged off, versus 7.6% across all SBA lending. That is close to average.
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