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 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K11%
- $50K - $150K13%
- $150K - $350K19%
- $350K - $1M29%
- $1M - $2M15%
- Over $2M13%
Nearby
Other health care industries
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 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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