NAICS sector 32
Manufacturing
18,884 SBA loans worth $12.93B across 69 industries in this sector.
Loans
18,884
Approved
$12.93B
Median loan
$300,000
Median term
10 yr
Charge-off rate
6.7%
vs 7.6% all sectors
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.
Inside the sector
All 69 industries
Lenders
Most active in this sector
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 1,140 | $524.9M | |
| Wells Fargo Bank | 898 | $453.2M | |
| U.S. Bank | 564 | $268.9M | |
| Byline Bank | 151 | $214.8M | |
| KeyBank | 323 | $210.9M | |
| Small Business Growth Corporation | 173 | $199.2M | |
| Mortgage Capital Development Corporation | 123 | $196.6M | |
| Newtek Small Business Finance, Inc. | 168 | $196.4M | |
| Empire State Certified Development Corporation | 136 | $186.7M | |
| Live Oak Banking Company | 131 | $184.7M |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
Gross approval dollars. Final bar is a partial fiscal year.
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