How much do SBA lenders typically lend to a appliance repair and maintenance business?

The median SBA approval in NAICS 811412 is $119,200, with the middle 80% of loans between $15,000 and $389,100. Across all industries the median is $180,000.

Which lenders are most active in appliance repair and maintenance?

By dollars approved: United Midwest Savings Bank, Wells Fargo Bank, U.S. Bank, JPMorgan Chase Bank, First Bank of Central Ohio. 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 appliance repair and maintenance considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 16.6% 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 811412 · Other Services

SBA loans for appliance repair and maintenance

761 SBA loans worth $148.7M have been approved in this industry since FY2010 - the #248 most-financed NAICS code in the country.

Median loan

$119,200

-34% vs all industries

Typical range

$15K-$389K

Middle 80%

Median rate

8.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

16.6%

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
United Midwest Savings Bank	155	$22.8M
Wells Fargo Bank	53	$10.8M
U.S. Bank	59	$7.9M
JPMorgan Chase Bank	39	$5.7M
First Bank of Central Ohio	1	$5.0M
Empire State Certified Development Corporation	1	$4.8M
Newtek Bank	13	$4.5M
First Merchants Bank	3	$4.3M
Byline Bank	5	$4.1M
Business Finance Capital	2	$3.6M

Geography

Where these loans were made

State	Loans	Share
California	82
Florida	68
Texas	65
New York	51
New Jersey	30
Ohio	24
Pennsylvania	23
Georgia	22

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

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’18

’19

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’21

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’24

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
32%
$50K - $150K
23%
$150K - $350K
33%
$350K - $1M
9%
$1M - $2M
2%
Over $2M
1%

Nearby

Other other services industries

See the sector

General Automotive Repair16,083 · $190,000 Beauty Salons14,068 · $85,000 Other Personal Care Services7,830 · $175,000 All Other Personal Services7,488 · $144,000 Pet Care (except Veterinary) Services6,530 · $195,850 Car Washes5,876 · $773,000 Automotive Body, Paint, and Interior Repair and Maintenance5,872 · $240,000 Drycleaning and Laundry Services3,976 · $200,000

Common questions

How much do SBA lenders typically lend to a appliance repair and maintenance business?: The median SBA approval in NAICS 811412 is $119,200, with the middle 80% of loans between $15,000 and $389,100. Across all industries the median is $180,000.
Which lenders are most active in appliance repair and maintenance?: By dollars approved: United Midwest Savings Bank, Wells Fargo Bank, U.S. Bank, JPMorgan Chase Bank, First Bank of Central Ohio. 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 appliance repair and maintenance considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 16.6% 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.

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