How Much Can Colleges, Universities, and Professional Schools Businesses Get in SBA Loans?
226 SBA loans totaling $168.0M have been approved for colleges, universities, and professional schools businesses (NAICS 611310). The average approved SBA loan is $743K, which is 118% above avg the $340K national average. 108 active lenders fund this industry with a 18.9% default rate on the matured 2018-2021 loan cohort.
At 18.9%, Colleges, Universities, and Professional Schools sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 611310 (Colleges, Universities, and Professional Schools) received 226 SBA loans worth $168.0M across 5+ states. Average loan $743K, average term 154 months, 18.9% default rate (resolved-loan basis).108 active SBA-approved lenders fund this industry. Most colleges, universities, and professional schools loans use the SBA 504 program. There are approximately 4,106 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Colleges, Universities, and Professional Schools?+100% growth
Which SBA Program Do Colleges, Universities, and Professional Schools Businesses Use Most?
What Is the Best SBA Loan for Colleges, Universities, and Professional Schools?
21% of colleges, universities, and professional schools loans use this program — ideal for real estate and major equipment purchases
Where Are Colleges, Universities, and Professional Schools SBA Loans Most Common?
Top SBA Lenders for Colleges, Universities, and Professional Schools
These banks have funded the most SBA loans for colleges, universities, and professional schools businesses (NAICS 611310). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | U.S. Bank, National Association(OH) | 11 | $1.5M |
| 2 | Bank of America, National Association(NC) | 11 | $1.6M |
| 3 | Wells Fargo Bank National Association(SD) | 10 | $4.5M |
| 4 | Banco Popular de Puerto Rico(PR) | 8 | $2.7M |
| 5 | Manufacturers and Traders Trust Company(NY) | 7 | $360K |
Colleges, Universities, and Professional Schools Industry Context
Ready to Fund Your Colleges, Universities, and Professional Schools Business?
PeerSense places SBA loans for colleges, universities, and professional schools businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Colleges, Universities, and Professional Schools Businesses?
Across all SBA loan programs, 226 loans have been approved for businesses classified under NAICS 611310 (Colleges, Universities, and Professional Schools), representing $168.0M in total capital deployed. The average approved loan of $743K is 118% above avg the national SBA average of $340K, with typical repayment terms of 154 months.
SBA lending for colleges, universities, and professional schools is accelerating — loan volume has grown approximately 100% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2018.
Notably, 21% of SBA loans in this industry use the 504 program — well above the national average — indicating that colleges, universities, and professional schools businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below-market fixed rates and only 10% down from the borrower.
PeerSense specializes in matching colleges, universities, and professional schools business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Colleges, Universities, and Professional Schools SBA Loans
What is the average SBA loan size for colleges, universities, and professional schools businesses?
Which SBA loan program is best for a colleges, universities, and professional schools business?
How many lenders fund SBA loans for colleges, universities, and professional schools?
What states have the most SBA lending for colleges, universities, and professional schools?
How does PeerSense help colleges, universities, and professional schools businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Colleges, Universities, and Professional Schools defined by NAICS code 611310. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.