What is the SBA loan default rate for Home Health Care Services?

At 10.9%, Home Health Care Services sits below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), moderate default risk relative to other SBA industries. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 887 lenders actively fund this industry.

Which SBA program is best for Home Health Care Services?

The SBA 7(a) program is the most commonly used for Home Health Care Services businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 621610Healthcare & Social ServicesLending Growing

How Much Can Home Health Care Services Businesses Get in SBA Loans?

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9,391 SBA loans totaling $3.3B have been approved for home health care services businesses (NAICS 621610). The average approved SBA loan is $355K, which is 4% above avg the $340K national average. 887 active lenders fund this industry with a 10.9% default rate on the matured 2018-2021 loan cohort.

Moderate default risk10.9% vs 15.4% all industry avg

At 10.9%, Home Health Care Services sits below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), moderate default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 621610 (Home Health Care Services) received 9,391 SBA loans worth $3.3B across 5+ states. Average loan $355K, average term 125 months, 10.9% default rate (resolved loan basis).887 active SBA approved lenders fund this industry. Most home health care services loans use the SBA 7(a) program.

9,391

Total SBA Loans

$3.3B

Total Volume

$355K

Avg Loan Size

4% above avg

887

Active Lenders

125 mo

Avg Term

4% below avg

301,339

Jobs Supported

Is SBA Lending Growing for Home Health Care Services?+87% growth

434

444

400

402

330

463

440

472

623

884

$159.4M

$178.7M

$164.5M

$179.7M

$167.5M

$305.9M

$217.8M

$245.5M

$252.3M

$412.3M

Which SBA Program Do Home Health Care Services Businesses Use Most?

SBA 7(a)8,708 (93%)

SBA 504683 (7%)

What Is the Best SBA Loan for Home Health Care Services?

SBA 7(a)

The most widely used SBA program for home health care services businesses: flexible terms, multiple use cases

Industry avg loan: $355K

Typical term: 125 months

Historical avg rate: 7.77%

887+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 10.9%

Where Are Home Health Care Services SBA Loans Most Common?

1,301 loans

$619.6M

1,151 loans

$378.9M

683 loans

$164.0M

677 loans

$251.0M

403 loans

$134.5M

SBA Lending Activity in Home Health Care Services

887 SBA lenders have funded 9,391 loans to home health care services businesses (NAICS 621610). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

9,391

Active lenders

887

Total volume

$3.3B

Avg loan size

$355K

Browse all SBA lenders

Home Health Care Services Industry Context

U.S. Employment

27,722,000

BLS · 2026

Talk to PeerSense

PeerSense sources capital for home health care services businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Home Health Care Services business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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How Does SBA Lending Work for Home Health Care Services Businesses?

Across all SBA loan programs, 9,391 loans have been approved for businesses classified under NAICS 621610 (Home Health Care Services), representing $3.3B in total capital deployed. The average approved loan of $355K is 4% above avg the national SBA average of $340K, with typical repayment terms of 125 months.

SBA lending for home health care services is accelerating. Loan volume has grown approximately 87% 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 7% 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.

Talk to PeerSense about a home health care services file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Home Health Care Services SBA Loans

What is the average SBA loan size for home health care services businesses?

Based on 9,391 approved SBA loans, the average loan size for home health care services (NAICS 621610) is $355K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a home health care services business?

SBA 7(a) is the most commonly used SBA program for home health care services businesses. The most widely used SBA program for home health care services businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for home health care services?

887 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a home health care services file.

What states have the most SBA lending for home health care services?

CA leads with 1,301 SBA loans and $619.6M in total volume for home health care services businesses. TX, OH, FL also show strong lending activity in this sector.

How does PeerSense help home health care services businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a home health care services file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Healthcare & Social Services Industries

Offices of Dentists

36,078 loans · N/A

Avg: $468K

Child Day Care Services

29,236 loans · N/A

Avg: $529K

Offices of Physicians (except Mental Health Specialists)

25,641 loans · N/A

Avg: $452K

Offices of Chiropractors

20,511 loans · N/A

Avg: $166K

Offices of Physical, Occupational and Speech Therapists, and Audiologi

8,088 loans · N/A

Avg: $256K

Offices of All Other Miscellaneous Health Practitioners

7,476 loans · N/A

Avg: $276K

Data aggregated from SBA loan records (1992 to 2025). Home Health Care Services defined by NAICS code 621610. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.