How much do SBA lenders typically lend to a food service contractors business?

The median SBA approval in NAICS 722310 is $105,000, with the middle 80% of loans between $19,100 and $845,000. Across all industries the median is $180,000.

Which lenders are most active in food service contractors?

By dollars approved: The Huntington National Bank, Mortgage Capital Development Corporation, U.S. Bank, CDC Small Business Finance Corp., Florida First Capital Finance Corporation, Inc.. 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 food service contractors considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.6% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 722310 · Restaurants & Hotels

SBA loans for food service contractors

1,745 SBA loans worth $577.4M have been approved in this industry since FY2010 - the #132 most-financed NAICS code in the country.

Median loan

$105,000

-42% vs all industries

Typical range

$19K-$845K

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

8.6%

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
The Huntington National Bank	406	$40.5M
Mortgage Capital Development Corporation	23	$24.8M
U.S. Bank	63	$22.2M
CDC Small Business Finance Corp.	18	$13.2M
Florida First Capital Finance Corporation, Inc.	9	$13.0M
Readycap Lending, LLC	24	$12.9M
Manufacturers and Traders Trust Company	72	$10.9M
JPMorgan Chase Bank	44	$10.7M
Truist Bank	35	$10.5M
Fifth Third Bank	17	$8.9M

Geography

Where these loans were made

State	Loans	Share
Ohio	265
California	216
New York	116
Michigan	108
Pennsylvania	89
Texas	87
Florida	76
Indiana	59

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 $50K
29%
$50K - $150K
25%
$150K - $350K
21%
$350K - $1M
17%
$1M - $2M
5%
Over $2M
3%

Nearby

Other restaurants & hotels industries

See the sector

Full-Service Restaurants43,646 · $250,000 Limited-Service Restaurants29,225 · $288,000 Hotels (except Casino Hotels) and Motels19,493 · $1,804,000 Snack and Nonalcoholic Beverage Bars9,692 · $210,600 Full-Service Restaurants9,574 · $185,000 Drinking Places6,905 · $200,000 Limited-Service Restaurants6,127 · $201,000 Caterers3,448 · $125,000

Common questions

How much do SBA lenders typically lend to a food service contractors business?: The median SBA approval in NAICS 722310 is $105,000, with the middle 80% of loans between $19,100 and $845,000. Across all industries the median is $180,000.
Which lenders are most active in food service contractors?: By dollars approved: The Huntington National Bank, Mortgage Capital Development Corporation, U.S. Bank, CDC Small Business Finance Corp., Florida First Capital Finance Corporation, Inc.. 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 food service contractors considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.6% were charged off, versus 7.6% across all SBA lending. That is close to average.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.