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NAICS 611519 · Education
SBA loans for other technical and trade schools
744 SBA loans worth $343.7M have been approved in this industry since FY2010 - the #257 most-financed NAICS code in the country.
Median loan
$200,000
+11% vs all industries
Typical range
$20K-$1.3M
Middle 80%
Median rate
7.56%
7(a) initial note rate
Median term
10 yr
Charge-off rate
8.6%
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 |
|---|---|---|---|
| Florida First Capital Finance Corporation, Inc. | 19 | $25.7M | |
| Newtek Bank | 82 | $24.8M | |
| Mortgage Capital Development Corporation | 9 | $14.5M | |
| Readycap Lending, LLC | 9 | $11.2M | |
| Wells Fargo Bank | 48 | $10.9M | |
| The Huntington National Bank | 44 | $10.0M | |
| U.S. Bank | 27 | $9.9M | |
| US Metro Bank | 3 | $9.8M | |
| CDC Small Business Finance Corp. | 8 | $9.1M | |
| Florida Business Development Corporation | 11 | $9.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 129 | |
| Florida | 87 | |
| New York | 50 | |
| Texas | 41 | |
| Ohio | 29 | |
| Arizona | 24 | |
| Pennsylvania | 22 | |
| Massachusetts | 22 |
An SBA 7(a) lender for loans this size
65% of the SBA loans approved in other technical and trade schools since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
Approvals by fiscal year
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K20%
- $50K - $150K20%
- $150K - $350K25%
- $350K - $1M21%
- $1M - $2M9%
- Over $2M4%
Franchise brands in Other Technical and Trade Schools
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Code Ninjas | 5 | $1.1M | |
| Taste Buds Kitchen | 2 | $650K | |
| Paul Mitchell Advanced Education | 1 | $1.2M | |
| Mathnasium Learning Center | 1 | $50K | |
| Painting With A Twist | 1 | $60K | |
| Tiger-Rock Martial Arts | 1 | $228K | |
| Kidcreate Studio | 1 | $50K | |
| New Horizons Computer Learning Centers | 1 | $300K | |
| iCode | 1 | $310K | |
| Kumon | 1 | $500K |
Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.
Nearby
Other education industries
Common questions
- How much do SBA lenders typically lend to a other technical and trade schools business?
- The median SBA approval in NAICS 611519 is $200,000, with the middle 80% of loans between $20,000 and $1,257,900. Across all industries the median is $180,000.
- Which lenders are most active in other technical and trade schools?
- By dollars approved: Florida First Capital Finance Corporation, Inc., Newtek Bank, Mortgage Capital Development Corporation, Readycap Lending, LLC, Wells Fargo 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 other technical and trade schools considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.6% were charged off, versus 7.6% across all SBA lending. That is close to average.
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