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NAICS 623220 · Health Care
SBA loans for residential mental health and substance abuse facilities
550 SBA loans worth $481.2M have been approved in this industry since FY2010 - the #320 most-financed NAICS code in the country.
Median loan
$476,500
+165% vs all industries
Typical range
$38K-$2.4M
Middle 80%
Median rate
7.00%
7(a) initial note rate
Median term
20 yr
Charge-off rate
3.4%
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 |
|---|---|---|---|
| Live Oak Banking Company | 23 | $31.3M | |
| Wells Fargo Bank | 51 | $25.1M | |
| Celtic Bank Corporation | 16 | $20.0M | |
| America First Federal Credit Union | 10 | $18.9M | |
| Mountain West Small Business Finance | 19 | $16.4M | |
| Newtek Bank | 15 | $15.7M | |
| Florida Business Development Corporation | 8 | $13.2M | |
| Byline Bank | 10 | $13.2M | |
| Gulf Coast Bank and Trust Company | 9 | $9.8M | |
| Happen Bank | 4 | $9.6M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 112 | |
| Utah | 54 | |
| Minnesota | 49 | |
| Florida | 39 | |
| Arizona | 34 | |
| Texas | 30 | |
| Ohio | 21 | |
| New Hampshire | 14 |
An SBA 7(a) lender for loans this size
42% of the SBA loans approved in residential mental health and substance abuse facilities 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 $50K11%
- $50K - $150K13%
- $150K - $350K19%
- $350K - $1M29%
- $1M - $2M15%
- Over $2M13%
Franchise brands in Residential Mental Health and Substance Abuse Facilities
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Ellie Mental Health | 2 | $300K |
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
Common questions
- How much do SBA lenders typically lend to a residential mental health and substance abuse facilities business?
- The median SBA approval in NAICS 623220 is $476,500, with the middle 80% of loans between $37,800 and $2,365,000. Across all industries the median is $180,000.
- Which lenders are most active in residential mental health and substance abuse facilities?
- By dollars approved: Live Oak Banking Company, Wells Fargo Bank, Celtic Bank Corporation, America First Federal Credit Union, Mountain West Small Business Finance. 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 residential mental health and substance abuse facilities considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.4% 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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