NAICS 811310 · Other Services
SBA loans for commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance
3,531 SBA loans worth $1.45B have been approved in this industry since FY2010 - the #68 most-financed NAICS code in the country.
Median loan
$150,000
-17% vs all industries
Typical range
$20K-$1.1M
Middle 80%
Median rate
6.50%
7(a) initial note rate
Median term
10 yr
Charge-off rate
6.1%
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 | Share |
|---|---|---|---|
| The Huntington National Bank | 242 | $69.6M | |
| Wells Fargo Bank | 212 | $68.2M | |
| U.S. Bank | 166 | $38.5M | |
| Live Oak Banking Company | 35 | $38.1M | |
| JPMorgan Chase Bank | 151 | $29.0M | |
| Florida First Capital Finance Corporation, Inc. | 31 | $28.6M | |
| Newtek Bank | 40 | $25.9M | |
| PNC Bank | 48 | $25.6M | |
| Truist Bank | 47 | $21.1M | |
| Enterprise Bank & Trust | 20 | $20.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 381 | |
| Texas | 272 | |
| Florida | 243 | |
| Ohio | 210 | |
| New York | 153 | |
| Michigan | 124 | |
| Minnesota | 118 | |
| Pennsylvania | 111 |
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 $50K22%
- $50K - $150K25%
- $150K - $350K21%
- $350K - $1M21%
- $1M - $2M7%
- Over $2M4%
Nearby
Other other services industries
General Automotive Repair16,083 · $190,000Beauty Salons14,068 · $85,000Other Personal Care Services7,830 · $175,000All Other Personal Services7,488 · $144,000Pet Care (except Veterinary) Services6,530 · $195,850Car Washes5,876 · $773,000Automotive Body, Paint, and Interior Repair and Maintenance5,872 · $240,000Drycleaning and Laundry Services3,976 · $200,000
Common questions
- How much do SBA lenders typically lend to a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance business?
- The median SBA approval in NAICS 811310 is $150,000, with the middle 80% of loans between $20,000 and $1,095,000. Across all industries the median is $180,000.
- Which lenders are most active in commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance?
- By dollars approved: The Huntington National Bank, Wells Fargo Bank, U.S. Bank, Live Oak Banking Company, JPMorgan Chase 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 commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.1% 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.