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NAICS 621320 · Health Care

SBA loans for offices of optometrists

3,387 SBA loans worth $1.43B have been approved in this industry since FY2010 - the #74 most-financed NAICS code in the country.

Median loan

$243,000

+35% vs all industries

Typical range

$35K-$982K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

2.7%

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

LenderLoansApprovedShare
Wells Fargo Bank236$157.8M
Live Oak Banking Company78$95.5M
The Huntington National Bank148$48.8M
PNC Bank87$41.0M
Vision One CU115$35.8M
JPMorgan Chase Bank192$34.7M
United Midwest Savings Bank34$30.3M
U.S. Bank85$29.3M
Fifth Third Bank38$20.9M
Stearns Bank69$18.9M

Geography

Where these loans were made

StateLoansShare
California358
Texas341
New York159
Florida158
Ohio148
Michigan133
Illinois127
Utah106

An SBA 7(a) lender for loans this size

63% of the SBA loans approved in offices of optometrists 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 SmartBiz

We 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

’10
 
’12
 
’14
 
’16
 
’18
 
’20
 
’22
 
’24
 
’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

  • Under $50K
    12%
  • $50K - $150K
    22%
  • $150K - $350K
    28%
  • $350K - $1M
    27%
  • $1M - $2M
    7%
  • Over $2M
    3%

Franchise brands in Offices of Optometrists

Franchise brandLoansApprovedShare
Vision Source54$47.4M
Pearle Vision51$23.6M
Pearle Vision Center18$4.0M
My Eye Lab11$4.7M
Sterling Optical6$2.3M

Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.

Nearby

Other health care industries

See the sector
Offices of Dentists18,185 · $405,000Offices of Physicians15,804 · $270,000Child Care Services15,205 · $387,000Offices of Chiropractors9,664 · $125,950Home Health Care Services7,245 · $166,000Offices of All Other Miscellaneous Health Practitioners5,784 · $150,000Offices of Physical, Occupational and Speech Therapists, and Audiologists5,730 · $145,000Offices of Mental Health Practitioners4,139 · $135,000

Common questions

How much do SBA lenders typically lend to a offices of optometrists business?
The median SBA approval in NAICS 621320 is $243,000, with the middle 80% of loans between $35,000 and $982,000. Across all industries the median is $180,000.
Which lenders are most active in offices of optometrists?
By dollars approved: Wells Fargo Bank, Live Oak Banking Company, The Huntington National Bank, PNC Bank, Vision One CU. 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 offices of optometrists considered a risky industry by SBA lenders?
Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.7% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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