2,289 SBA loans totaling $1.2B have been approved for fabricated structural metal manufacturing businesses (NAICS 332312). The average approved SBA loan is $506K, which is 49% above avg the $340K national average. 490 active lenders fund this industry with a 8.0% historical default rate.
The SBA has waived guaranty fees for manufacturers (NAICS 31-33) through September 30, 2026:
504 loans — all guaranty fees waived for manufacturing
7(a) loans up to $950K — guaranty fee waived
Revolving credit line — manufacturers only (new Oct 2025)
The proposed Made in America Manufacturing Finance Act (H.R. 3174) would double SBA limits to $10M for domestic manufacturers — currently passed House, awaiting Senate vote.
Most popular for manufacturing equipment and real estate — with 0% guaranty fees in FY2026
PeerSense places SBA loans for fabricated structural metal manufacturing businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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Across all SBA loan programs, 2,289 loans have been approved for businesses classified under NAICS 332312 (Fabricated Structural Metal Manufacturing), representing $1.2B in total capital deployed. The average approved loan of $506K is 49% above avg the national SBA average of $340K, with typical repayment terms of 139 months.
SBA lending for fabricated structural metal manufacturing 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.
The industry sees a balanced mix of SBA programs, with 19% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
As a manufacturing business under NAICS 31-33, you qualify for enhanced SBA incentives through September 30, 2026. The SBA has fully waived guaranty fees on all 504 loans and on 7(a) loans up to $950,000 for manufacturers. Additionally, the MARC (Manufacturers' Access to Revolving Credit) program launched in October 2025, offering up to $5M in revolving credit exclusively for domestic manufacturers — a first for SBA lending.
Machine Shops
All Other Miscellaneous Manufacturing
All Other Miscellaneous Fabricated Metal Product Manufacturing
Wood Kitchen Cabinet and Countertop Manufacturing
Sign Manufacturing
Sporting and Athletic Goods Manufacturing
Data aggregated from SBA loan records (1992–2025). Fabricated Structural Metal Manufacturing defined by NAICS code 332312. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.