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NAICS 311520ManufacturingFY2026 Fee WaiversLending Growing

How Much Can Ice Cream and Frozen Dessert Manufacturing Businesses Get in SBA Loans?

848 SBA loans totaling $269.9M have been approved for ice cream and frozen dessert manufacturing businesses (NAICS 311520). The average approved SBA loan is $318K, which is 7% below avg the $340K national average. 267 active lenders fund this industry with a 10.5% historical default rate.

Quick Answer

NAICS 311520 (Ice Cream and Frozen Dessert Manufacturing) received 848 SBA loans worth $269.9M across 5+ states. Average loan $318K, average term 117 months, default rate 10.5%.267 active SBA-approved lenders fund this industry. Manufacturers (NAICS 31-33) qualify for FY2026 SBA fee waivers and the new MARC revolving credit program. There are approximately 488 U.S. establishments in this industry (Census 2022).

848
Total SBA Loans
$269.9M
Total Volume
$318K
Avg Loan Size
7% below avg
267
Active Lenders
117 mo
Avg Term
10% below avg
12,675
Jobs Supported

Is SBA Lending Growing for Ice Cream and Frozen Dessert Manufacturing?+26% growth

48
26
15
21
15
20
30
39
48
49
16
17
18
19
20
21
22
23
24
25
$22.1M
$10.8M
$6.8M
$6.9M
$16.9M
$13.4M
$8.8M
$21.0M
$18.2M
$14.3M

FY2026 Manufacturing Fee Waivers Active

The SBA has waived guaranty fees for manufacturers (NAICS 31-33) through September 30, 2026:

$0 Fees

504 loans — all guaranty fees waived for manufacturing

$0 Fees

7(a) loans up to $950K — guaranty fee waived

$5M MARC

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.

Which SBA Program Do Ice Cream and Frozen Dessert Manufacturing Businesses Use Most?

SBA 7(a)790 (93%)
SBA 50458 (7%)

What Is the Best SBA Loan for Ice Cream and Frozen Dessert Manufacturing?

SBA 7(a)

Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026

Industry avg loan: $318K
Typical term: 117 months
Historical avg rate: 7.61%
267+ lenders active in this industry
Historical default rate: 10.5%

Where Are Ice Cream and Frozen Dessert Manufacturing SBA Loans Most Common?

#1
CA
127 loans
$72.8M
#2
TX
71 loans
$20.1M
#3
NY
67 loans
$18.0M
#4
FL
49 loans
$11.5M
#5
PA
48 loans
$16.0M

Top SBA Lenders for Ice Cream and Frozen Dessert Manufacturing

These banks have funded the most SBA loans for ice cream and frozen dessert manufacturing businesses (NAICS 311520). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1JPMorgan Chase Bank, National Association(OH)36$4.1M
2Wells Fargo Bank National Association(SD)35$7.8M
3PNC Bank, National Association(DE)30$3.6M
4Readycap Lending, LLC(NJ)27$10.9M
5Banco Popular de Puerto Rico(PR)25$3.3M

Ice Cream and Frozen Dessert Manufacturing Industry Context

U.S. Establishments
488
U.S. Census Bureau · 2022
U.S. Employment
12,573,000
BLS · 2026
SBA Penetration
173.77%
SBA loans per establishment

Ready to Fund Your Ice Cream and Frozen Dessert Manufacturing Business?

PeerSense places SBA loans for ice cream and frozen dessert manufacturing 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 Ice Cream and Frozen Dessert Manufacturing Businesses?

Across all SBA loan programs, 848 loans have been approved for businesses classified under NAICS 311520 (Ice Cream and Frozen Dessert Manufacturing), representing $269.9M in total capital deployed. The average approved loan of $318K is 7% below avg the national SBA average of $340K, with typical repayment terms of 117 months.

SBA lending for ice cream and frozen dessert manufacturing is accelerating — loan volume has grown approximately 26% 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.

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.

Frequently Asked Questions — Ice Cream and Frozen Dessert Manufacturing SBA Loans

What is the average SBA loan size for ice cream and frozen dessert manufacturing businesses?
Based on 848 approved SBA loans, the average loan size for ice cream and frozen dessert manufacturing (NAICS 311520) is $318K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a ice cream and frozen dessert manufacturing business?
SBA 7(a) is the most commonly used SBA program for ice cream and frozen dessert manufacturing businesses. Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for ice cream and frozen dessert manufacturing?
267 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 ice cream and frozen dessert manufacturing sector.
Are there SBA fee waivers for manufacturing businesses in 2026?
Yes. Through September 30, 2026, the SBA has waived guaranty fees on all 504 loans and on 7(a) loans up to $950,000 for manufacturers (NAICS 31-33). This can save borrowers thousands in upfront costs. The MARC program also offers revolving credit up to $5M exclusively for manufacturers.
How does PeerSense help ice cream and frozen dessert manufacturing 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 ice cream and frozen dessert manufacturing industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Ice Cream and Frozen Dessert Manufacturing defined by NAICS code 311520. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.