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Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
NAICS 316

Leather Products

SBA loan performance data based on 746 resolved loans

Overall Default Rate
20.9%
All businesses
Avg Loan Size
$242K
Non-franchise
Resolved Loans
746
In our database
Franchise Advantage
N/A
Lower = better

Franchise vs Independent Comparison

MetricAll Businesses
Default Rate20.9%
Avg Loan Size$242K
Resolved Loans746
Chargeoffs156

Default Rate Comparison

All Businesses20.9%

Looking for Leather Products Financing?

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About SBA Loans for Leather Products

The Leather Products sector (NAICS 316) has 746 resolved SBA loans in our database with an overall default rate of 20.9%. This is above the national average, suggesting higher risk for SBA lenders in this sector.

The average SBA loan size in this sector is $242K.

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