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NAICS sector 53

Real Estate and Rental and Leasing

Name: SBA lending in Real Estate and Rental and Leasing
Creator: U.S. Small Business Administration
License: https://www.usa.gov/government-works

25,262 SBA loans worth $15.09B across 27 industries in this sector.

Loans

25,262

Approved

$15.09B

Median loan

$250,000

Median term

10 yr

Charge-off rate

5.2%

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 27 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
Offices of Real Estate Agents and Brokers	531210	4,900	$100,000	7.75%	5.7%
Lessors of Miniwarehouses and Self-Storage Units	531130	3,561	$839,000	5.75%	0.6%
Lessors of Nonresidential Buildings	531120	3,432	$515,000	5.75%	2.4%
Residential Property Managers	531311	2,560	$150,000	7.99%	9.4%
Other Activities Related to Real Estate	531390	2,207	$200,000	7.50%	7.4%
Other Commercial and Industrial Machinery and Equipment Rental and Leasing	532490	1,472	$282,500	6.25%	4.0%
Nonresidential Property Managers	531312	705	$221,000	6.92%	4.1%
General Rental Centers	532310	690	$270,000	6.25%	3.7%
Lessors of Other Real Estate Property	531190	637	$430,000	5.75%	5.3%
All Other Consumer Goods Rental	532289	633	$190,000	9.04%	6.2%
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing	532412	539	$287,800	6.25%	3.1%
All Other Consumer Goods Rental	532299	494	$150,000	6.00%	6.4%
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing	532120	438	$141,000	6.85%	3.1%
Recreational Goods Rental	532284	434	$110,500	8.75%	3.0%
Passenger Car Rental	532111	414	$75,000	8.75%	11.1%
Lessors of Residential Buildings and Dwellings	531110	406	$153,500	6.00%	4.7%
Offices of Real Estate Appraisers	531320	403	$55,600	7.75%	5.5%
Consumer Electronics and Appliances Rental	532210	284	$222,500	6.25%	12.9%
Recreational Goods Rental	532292	270	$68,600	6.00%	3.1%
Office Machinery and Equipment Rental and Leasing	532420	191	$348,000	6.50%	7.8%
Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing	532411	160	$355,600	6.25%	9.7%
Home Health Equipment Rental	532291	89	$140,000	6.00%	20.0%
Lessors of Nonfinancial Intangible Assets	533110	80	$291,500	7.50%	9.7%
Video Tape and Disc Rental	532230	65	$30,000	7.00%	16.4%
Home Health Equipment Rental	532283	61	$250,000	8.00%	-
Formal Wear and Costume Rental	532220	56	$150,000	5.75%	24.0%
Passenger Car Leasing	532112	48	$250,000	9.75%	-

Lenders

Most active in this sector

Lender	Loans	Approved
Live Oak Banking Company	795	$1.51B
Enterprise Bank & Trust	499	$503.9M
Wells Fargo Bank	884	$385.2M
Bank Five Nine	376	$383.1M
U.S. Bank	1,436	$346.7M
The Huntington National Bank	1,147	$326.3M
Byline Bank	170	$231.8M
Mortgage Capital Development Corporation	172	$199.1M
Mountain West Small Business Finance	202	$190.9M
CDC Small Business Finance Corp.	220	$174.3M

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

57% of the SBA loans approved in the real estate 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

We may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.

By state

Real Estate SBA lending in 52 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.

California3,683 · $350,000 Texas1,765 · $380,300 Florida1,738 · $250,000 New York1,351 · $120,000 Ohio1,033 · $112,200 Michigan813 · $240,000 Illinois799 · $271,000 Colorado792 · $300,000 Utah774 · $244,500 Massachusetts736 · $100,000 Minnesota705 · $200,000 Arizona682 · $345,500 Wisconsin647 · $321,000 Georgia645 · $487,500 Washington642 · $332,250 Pennsylvania626 · $188,300 New Jersey571 · $250,000 Indiana551 · $211,500 North Carolina505 · $445,000 Missouri494 · $257,000 Nevada388 · $286,000 Oregon387 · $324,000 Idaho335 · $180,000 Virginia305 · $250,000 Connecticut302 · $191,100 South Carolina278 · $352,000 New Hampshire274 · $200,000 Maryland249 · $150,000 Tennessee245 · $350,000 Oklahoma226 · $266,500 Louisiana209 · $306,100 Alabama207 · $350,000 Maine200 · $224,500 Iowa177 · $300,000 Montana162 · $223,500 Kansas162 · $232,500 New Mexico149 · $330,000 Hawaii148 · $50,000 Kentucky137 · $152,400 Nebraska133 · $265,000 Puerto Rico128 · $85,500 Rhode Island125 · $112,500 Mississippi112 · $250,000 Vermont109 · $148,000 South Dakota104 · $290,500 Arkansas90 · $252,700 North Dakota85 · $216,500 Alaska68 · $725,000 West Virginia55 · $250,000 Delaware55 · $189,000 Wyoming52 · $243,200 District of Columbia34 · $150,000

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