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NAICS sector 32

Manufacturing

Name: SBA lending in Manufacturing
Creator: U.S. Small Business Administration
License: https://www.usa.gov/government-works

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

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
Commercial Printing	323111	3,239	$275,000	6.25%	6.3%
Commercial Screen Printing	323113	1,759	$130,900	6.57%	9.4%
All Other Plastics Product Manufacturing	326199	1,604	$457,000	6.00%	4.3%
All Other Miscellaneous Wood Product Manufacturing	321999	934	$241,500	6.50%	7.0%
Cut Stone and Stone Product Manufacturing	327991	801	$312,000	6.25%	6.2%
Wood Container and Pallet Manufacturing	321920	572	$350,000	6.03%	3.3%
Commercial Lithographic Printing	323110	570	$316,000	5.99%	7.8%
All Other Miscellaneous Chemical Product and Preparation Manufacturing	325998	397	$458,000	6.00%	1.0%
Other Millwork	321918	396	$300,000	6.00%	5.8%
Other Commercial Printing	323119	387	$210,400	6.00%	7.2%
Sawmills	321113	387	$274,000	6.00%	10.6%
Pharmaceutical Preparation Manufacturing	325412	330	$500,000	6.15%	9.0%
Other Concrete Product Manufacturing	327390	319	$338,700	6.00%	10.8%
Wood Window and Door Manufacturing	321911	318	$350,000	6.25%	5.9%
Paint and Coating Manufacturing	325510	308	$300,000	6.25%	5.1%
Toilet Preparation Manufacturing	325620	295	$275,000	7.50%	8.8%
Glass Product Manufacturing Made of Purchased Glass	327215	294	$281,000	6.50%	4.1%
Plastics Material and Resin Manufacturing	325211	282	$417,500	6.00%	5.5%
Medicinal and Botanical Manufacturing	325411	266	$350,000	6.75%	4.6%
Ready-Mix Concrete Manufacturing	327320	263	$475,000	6.00%	4.8%
Soap and Other Detergent Manufacturing	325611	236	$201,350	6.50%	18.8%
Corrugated and Solid Fiber Box Manufacturing	322211	209	$650,000	6.00%	5.8%
All Other Rubber Product Manufacturing	326299	200	$415,000	6.00%	5.3%
All Other Converted Paper Product Manufacturing	322299	196	$445,000	6.00%	4.0%
Support Activities for Printing	323120	183	$150,000	6.97%	19.7%
Asphalt Paving Mixture and Block Manufacturing	324121	177	$300,000	6.75%	2.6%
Plastics Bag and Pouch Manufacturing	326111	167	$552,000	6.00%	6.0%
Plastics Packaging Film and Sheet (including Laminated) Manufacturing	326112	135	$500,000	6.00%	3.6%
Digital Printing	323115	124	$124,500	6.00%	9.3%
Prefabricated Wood Building Manufacturing	321992	118	$226,500	6.50%	7.5%
All Other Basic Organic Chemical Manufacturing	325199	109	$500,000	6.00%	7.5%
Pottery, Ceramics, and Plumbing Fixture Manufacturing	327110	109	$100,000	8.00%	5.6%
Concrete Block and Brick Manufacturing	327331	107	$503,000	6.00%	9.4%
Flat Glass Manufacturing	327211	104	$412,500	7.00%	8.9%
Books Printing	323117	104	$150,000	6.75%	13.1%
Quick Printing	323114	103	$125,000	6.00%	3.7%
All Other Miscellaneous Nonmetallic Mineral Product Manufacturing	327999	89	$350,000	6.00%	4.8%
Hardwood Veneer and Plywood Manufacturing	321211	88	$512,500	6.75%	7.9%
Polystyrene Foam Product Manufacturing	326140	78	$382,000	6.00%	7.5%
Cement Manufacturing	327310	76	$729,500	6.00%	3.7%
Adhesive Manufacturing	325520	74	$465,000	5.50%	0.0%
Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing	326130	74	$350,000	5.75%	11.5%
Other Pressed and Blown Glass and Glassware Manufacturing	327212	73	$100,000	6.88%	5.7%
Rubber and Plastics Hoses and Belting Manufacturing	326220	71	$440,000	6.00%	5.0%
Paper Bag and Coated and Treated Paper Manufacturing	322220	70	$674,350	6.00%	3.9%
Plastics Pipe and Pipe Fitting Manufacturing	326122	69	$759,000	6.00%	0.0%
Truss Manufacturing	321214	69	$450,000	6.00%	6.1%
Polish and Other Sanitation Good Manufacturing	325612	69	$347,000	6.75%	12.0%
Custom Compounding of Purchased Resins	325991	67	$264,000	5.80%	6.5%
Folding Paperboard Box Manufacturing	322212	66	$695,000	6.00%	2.2%
Fertilizer (Mixing Only) Manufacturing	325314	66	$150,000	6.00%	2.9%
Cut Stock, Resawing Lumber, and Planing	321912	64	$145,000	6.00%	2.9%
Plastics Bottle Manufacturing	326160	63	$350,000	6.00%	4.0%
Pesticide and Other Agricultural Chemical Manufacturing	325320	62	$200,000	6.50%	14.7%
Petroleum Lubricating Oil and Grease Manufacturing	324191	60	$572,000	6.00%	11.1%
Urethane and Other Foam Product (except Polystyrene) Manufacturing	326150	60	$290,500	6.00%	9.4%
Nitrogenous Fertilizer Manufacturing	325311	58	$500,000	6.00%	3.3%
Unlaminated Plastics Profile Shape Manufacturing	326121	55	$350,000	5.75%	8.3%
Commercial Flexographic Printing	323112	54	$367,500	6.00%	4.3%
Printing Ink Manufacturing	325910	52	$200,000	6.00%	8.3%
Wood Preservation	321114	48	$100,000	7.50%	19.2%
Abrasive Product Manufacturing	327910	46	$298,250	5.25%	-
Rubber Product Manufacturing for Mechanical Use	326291	45	$350,000	6.00%	-
Sanitary Paper Product Manufacturing	322291	45	$475,000	8.00%	-
Manufactured Home (Mobile Home) Manufacturing	321991	42	$350,000	8.00%	-
Other Paperboard Container Manufacturing	322219	42	$439,000	6.25%	-
Plastics Plumbing Fixture Manufacturing	326191	41	$150,000	6.25%	-
Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing	326113	40	$494,500	5.97%	-
Other Basic Inorganic Chemical Manufacturing	325180	40	$570,000	6.00%	-

Lenders

Most active in this sector

Lender	Loans	Approved
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

’12

’14

’16

’18

’20

’22

’24

’26

Gross approval dollars. Final bar is a partial fiscal year.

An SBA 7(a) lender for loans this size

53% of the SBA loans approved in the manufacturing sector since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

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By state

Manufacturing SBA lending in 53 states

Each state page lists the lenders and industries behind the sector's loans there. States with fewer than 20 loans in the sector have no page.

California3,276 · $350,000 New York1,463 · $125,000 Texas1,101 · $237,500 Ohio941 · $113,600 Florida838 · $327,500 Minnesota793 · $225,000 Pennsylvania760 · $200,000 Michigan728 · $144,000 Wisconsin695 · $250,000 Illinois692 · $338,000 Massachusetts683 · $106,000 Washington666 · $204,000 Colorado575 · $269,400 New Jersey535 · $250,000 North Carolina499 · $250,000 Oregon459 · $150,000 Utah435 · $200,000 Georgia427 · $350,000 Indiana393 · $150,000 Puerto Rico365 · $60,000 Missouri344 · $250,000 Virginia336 · $246,800 Vermont295 · $100,000 Maryland264 · $163,500 Connecticut262 · $196,000 Maine250 · $120,000 Arizona238 · $250,000 Idaho221 · $135,000 New Hampshire213 · $100,000 Iowa173 · $250,000 Kentucky163 · $215,200 Oklahoma152 · $207,800 South Carolina149 · $300,000 Montana145 · $115,000 Nevada142 · $250,000 Rhode Island142 · $150,000 Louisiana140 · $200,000 Tennessee131 · $300,000 Hawaii126 · $50,000 Kansas119 · $180,000 New Mexico118 · $208,950 Nebraska117 · $250,000 Alabama110 · $246,500 Mississippi92 · $76,750 Arkansas90 · $175,900 South Dakota74 · $240,000 Alaska73 · $250,000 North Dakota71 · $150,000 West Virginia57 · $145,000 Delaware42 · $250,000 Wyoming39 · $170,000 District of Columbia35 · $200,000 Guam20 · $47,500

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