Skip to main content
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 611110EducationLending Growing

How Much Can Elementary and Secondary Schools Businesses Get in SBA Loans?

2,091 SBA loans totaling $1.7B have been approved for elementary and secondary schools businesses (NAICS 611110). The average approved SBA loan is $793K, which is 133% above avg the $340K national average. 461 active lenders fund this industry with a 4.5% historical default rate.

Quick Answer

NAICS 611110 (Elementary and Secondary Schools) received 2,091 SBA loans worth $1.7B across 5+ states. Average loan $793K, average term 198 months, default rate 4.5%.461 active SBA-approved lenders fund this industry. Most elementary and secondary schools loans use the SBA 504 program.

2,091
Total SBA Loans
$1.7B
Total Volume
$793K
Avg Loan Size
133% above avg
461
Active Lenders
198 mo
Avg Term
52% above avg
33,493
Jobs Supported

Is SBA Lending Growing for Elementary and Secondary Schools?+49% growth

86
86
93
94
64
86
83
87
116
130
16
17
18
19
20
21
22
23
24
25
$82.3M
$77.6M
$104.4M
$93.8M
$76.2M
$94.9M
$74.3M
$89.8M
$149.1M
$153.4M

Which SBA Program Do Elementary and Secondary Schools Businesses Use Most?

SBA 7(a)1,434 (69%)
SBA 504657 (31%)

What Is the Best SBA Loan for Elementary and Secondary Schools?

SBA 504

31% of elementary and secondary schools loans use this program — ideal for real estate and major equipment purchases

Industry avg loan: $793K
Typical term: 198 months
Historical avg rate: 7.02%
461+ lenders active in this industry
Historical default rate: 4.5%

Where Are Elementary and Secondary Schools SBA Loans Most Common?

#1
CA
373 loans
$325.0M
#2
TX
261 loans
$299.5M
#3
FL
225 loans
$222.2M
#4
AZ
107 loans
$97.3M
#5
GA
87 loans
$84.5M

Top SBA Lenders for Elementary and Secondary Schools

These banks have funded the most SBA loans for elementary and secondary schools businesses (NAICS 611110). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)77$40.2M
2U.S. Bank, National Association(OH)73$39.3M
3The Huntington National Bank(OH)49$21.2M
4Florida Business Development C(FL)48$53.6M
5JPMorgan Chase Bank, National Association(OH)47$17.1M

Ready to Fund Your Elementary and Secondary Schools Business?

PeerSense places SBA loans for elementary and secondary schools businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

How Does SBA Lending Work for Elementary and Secondary Schools Businesses?

Across all SBA loan programs, 2,091 loans have been approved for businesses classified under NAICS 611110 (Elementary and Secondary Schools), representing $1.7B in total capital deployed. The average approved loan of $793K is 133% above avg the national SBA average of $340K, with typical repayment terms of 198 months.

SBA lending for elementary and secondary schools is accelerating — loan volume has grown approximately 49% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

Notably, 31% of SBA loans in this industry use the 504 program — well above the national average — indicating that elementary and secondary 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 elementary and secondary 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 — Elementary and Secondary Schools SBA Loans

What is the average SBA loan size for elementary and secondary schools businesses?
Based on 2,091 approved SBA loans, the average loan size for elementary and secondary schools (NAICS 611110) is $793K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a elementary and secondary schools business?
SBA 504 is the most commonly used SBA program for elementary and secondary schools businesses. 31% of elementary and secondary schools loans use this program — ideal for real estate and major equipment purchases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for elementary and secondary schools?
461 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the elementary and secondary schools sector.
What states have the most SBA lending for elementary and secondary schools?
CA leads with 373 SBA loans and $325.0M in total volume for elementary and secondary schools businesses. TX, FL, AZ also show strong lending activity in this sector.
How does PeerSense help elementary and secondary schools businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the elementary and secondary schools industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Elementary and Secondary Schools defined by NAICS code 611110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.