How much do SBA lenders typically lend to a exam preparation and tutoring business?

The median SBA approval in NAICS 611691 is $120,000, with the middle 80% of loans between $20,000 and $489,000. Across all industries the median is $180,000.

Which lenders are most active in exam preparation and tutoring?

By dollars approved: Wells Fargo Bank, The Huntington National Bank, JPMorgan Chase Bank, Celtic Bank Corporation, East West 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 exam preparation and tutoring considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 15.3% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 611691 · Education

SBA loans for exam preparation and tutoring

920 SBA loans worth $213.4M have been approved in this industry since FY2010 - the #221 most-financed NAICS code in the country.

Median loan

$120,000

-33% vs all industries

Typical range

$20K-$489K

Middle 80%

Median rate

7.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

15.3%

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
Wells Fargo Bank	63	$12.7M
The Huntington National Bank	38	$12.5M
JPMorgan Chase Bank	79	$10.8M
Celtic Bank Corporation	50	$9.1M
East West Bank	6	$6.9M
Live Oak Banking Company	10	$6.6M
United Midwest Savings Bank	47	$6.5M
Stearns Bank	42	$6.4M
Bank of America	7	$5.3M
U.S. Bank	32	$5.1M

Geography

Where these loans were made

State	Loans	Share
California	133
Texas	87
New York	74
Florida	64
Georgia	55
New Jersey	47
Illinois	39
Ohio	34

Approvals by fiscal year

’10

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
23%
$50K - $150K
33%
$150K - $350K
28%
$350K - $1M
11%
$1M - $2M
3%
Over $2M
2%

Nearby

Other education industries

See the sector

Sports and Recreation Instruction4,125 · $161,000 All Other Miscellaneous Schools and Instruction2,168 · $135,000 Fine Arts Schools1,997 · $125,000 Educational Support Services1,693 · $90,000 Elementary and Secondary Schools1,386 · $601,500 Professional and Management Development Training745 · $100,000 Other Technical and Trade Schools744 · $200,000 Cosmetology and Barber Schools507 · $200,000

Common questions

How much do SBA lenders typically lend to a exam preparation and tutoring business?: The median SBA approval in NAICS 611691 is $120,000, with the middle 80% of loans between $20,000 and $489,000. Across all industries the median is $180,000.
Which lenders are most active in exam preparation and tutoring?: By dollars approved: Wells Fargo Bank, The Huntington National Bank, JPMorgan Chase Bank, Celtic Bank Corporation, East West 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 exam preparation and tutoring considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 15.3% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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