How much do SBA lenders typically lend to a other residential care facilities business?

The median SBA approval in NAICS 623990 is $321,500, with the middle 80% of loans between $25,000 and $1,406,000. Across all industries the median is $180,000.

Which lenders are most active in other residential care facilities?

By dollars approved: Columbia Bank, Wells Fargo Bank, Celtic Bank Corporation, Mortgage Capital Development Corporation, Live Oak Banking Company. 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 residential care facilities considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.1% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 623990 · Health Care

SBA loans for other residential care facilities

642 SBA loans worth $374.1M have been approved in this industry since FY2010 - the #287 most-financed NAICS code in the country.

Median loan

$321,500

+79% vs all industries

Typical range

$25K-$1.4M

Middle 80%

Median rate

6.50%

7(a) initial note rate

Median term

20 yr

Charge-off rate

4.1%

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
Columbia Bank	54	$57.0M
Wells Fargo Bank	73	$24.9M
Celtic Bank Corporation	12	$13.8M
Mortgage Capital Development Corporation	9	$10.4M
Live Oak Banking Company	8	$10.2M
First Merchants Bank	7	$9.2M
Gesa CU	8	$8.3M
Byline Bank	5	$8.2M
Enterprise Bank & Trust	7	$8.1M
Glacier Bank	18	$7.8M

Geography

Where these loans were made

State	Loans	Share
California	120
Washington	88
Wisconsin	39
Minnesota	38
Oregon	31
Michigan	26
Texas	25
Maryland	25

Approvals by fiscal year

’10

’11

’12

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’14

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’18

’19

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
17%
$50K - $150K
17%
$150K - $350K
17%
$350K - $1M
29%
$1M - $2M
15%
Over $2M
5%

Nearby

Other health care industries

See the sector

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

Common questions

How much do SBA lenders typically lend to a other residential care facilities business?: The median SBA approval in NAICS 623990 is $321,500, with the middle 80% of loans between $25,000 and $1,406,000. Across all industries the median is $180,000.
Which lenders are most active in other residential care facilities?: By dollars approved: Columbia Bank, Wells Fargo Bank, Celtic Bank Corporation, Mortgage Capital Development Corporation, Live Oak Banking Company. 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 residential care facilities considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.1% 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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