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 |
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%
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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