How much do SBA lenders typically lend to a mobile food services business?

The median SBA approval in NAICS 722330 is $45,000, with the middle 80% of loans between $10,000 and $198,000. Across all industries the median is $180,000.

Which lenders are most active in mobile food services?

By dollars approved: The Huntington National Bank, U.S. Bank, Wells Fargo Bank, Byline Bank, CalPrivate Bank. 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 mobile food services considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.2% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 722330 · Restaurants & Hotels

SBA loans for mobile food services

2,789 SBA loans worth $285.2M have been approved in this industry since FY2010 - the #84 most-financed NAICS code in the country.

Median loan

$45,000

-75% vs all industries

Typical range

$10K-$198K

Middle 80%

Median rate

8.25%

7(a) initial note rate

Median term

7 yr

Charge-off rate

10.2%

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	335	$23.3M
U.S. Bank	288	$12.7M
Wells Fargo Bank	256	$10.4M
Byline Bank	4	$6.1M
CalPrivate Bank	3	$6.1M
Manufacturers and Traders Trust Company	103	$5.7M
Readycap Lending, LLC	42	$5.2M
Columbia Bank	34	$5.2M
CDC Small Business Finance Corp.	21	$5.1M
JPMorgan Chase Bank	100	$5.0M

Geography

Where these loans were made

State	Loans	Share
California	275
Ohio	252
Texas	151
New York	137
Florida	127
Minnesota	102
Michigan	92
Oregon	91

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
53%
$50K - $150K
32%
$150K - $350K
10%
$350K - $1M
4%
$1M - $2M
1%
Over $2M
0%

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 mobile food services business?: The median SBA approval in NAICS 722330 is $45,000, with the middle 80% of loans between $10,000 and $198,000. Across all industries the median is $180,000.
Which lenders are most active in mobile food services?: By dollars approved: The Huntington National Bank, U.S. Bank, Wells Fargo Bank, Byline Bank, CalPrivate Bank. 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 mobile food services considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.2% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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