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NAICS 312113ManufacturingFY2026 Fee WaiversLending Growing

How Much Can Ice Manufacturing Businesses Get in SBA Loans?

395 SBA loans totaling $150.4M have been approved for ice manufacturing businesses (NAICS 312113). The average approved SBA loan is $381K, which is 12% above avg the $340K national average. 189 active lenders fund this industry with a 8.4% default rate on the matured 2018-2021 loan cohort.

Low default risk8.4% vs 15.4% all-industry avg

At 8.4%, Ice Manufacturing sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low 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.

Quick Answer

NAICS 312113 (Ice Manufacturing) received 395 SBA loans worth $150.4M across 5+ states. Average loan $381K, average term 132 months, 8.4% default rate (resolved-loan basis).189 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 397 U.S. establishments in this industry (Census 2022).

395
Total SBA Loans
$150.4M
Total Volume
$381K
Avg Loan Size
12% above avg
189
Active Lenders
132 mo
Avg Term
near national avg
2,426
Jobs Supported

Is SBA Lending Growing for Ice Manufacturing?+160% growth

15
13
12
7
4
10
3
5
5
13
16
17
18
19
20
21
22
23
24
25
$13.5M
$8.6M
$1.7M
$6.5M
$3.0M
$6.6M
$783K
$2.0M
$2.1M
$11.2M

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 Manufacturing Businesses Use Most?

SBA 7(a)356 (90%)
SBA 50439 (10%)

What Is the Best SBA Loan for Ice 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: $381K
Typical term: 132 months
Historical avg rate: 6.50%
189+ lenders active in this industry
Default rate (2018–21 matured cohort): 8.4%

Where Are Ice Manufacturing SBA Loans Most Common?

#1
TX
60 loans
$16.0M
#2
PR
28 loans
$7.3M
#3
FL
25 loans
$20.7M
#4
CA
19 loans
$8.8M
#5
MN
18 loans
$5.4M

Top SBA Lenders for Ice Manufacturing

These banks have funded the most SBA loans for ice manufacturing businesses (NAICS 312113). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Banco Popular de Puerto Rico(PR)19$5.5M
2Wells Fargo Bank National Association(SD)16$5.4M
3TD Bank, National Association(DE)10$8.2M
4U.S. Bank, National Association(OH)9$2.2M
5Cadence Bank(MS)9$1.4M

Ice Manufacturing Industry Context

U.S. Establishments
397
U.S. Census Bureau · 2022
SBA Penetration
99.50%
SBA loans per establishment

Ready to Fund Your Ice Manufacturing Business?

PeerSense places SBA loans for ice 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

Financing a Ice Manufacturing business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Ice Manufacturing Businesses?

Across all SBA loan programs, 395 loans have been approved for businesses classified under NAICS 312113 (Ice Manufacturing), representing $150.4M in total capital deployed. The average approved loan of $381K is 12% above avg the national SBA average of $340K, with typical repayment terms of 132 months.

SBA lending for ice manufacturing is accelerating — loan volume has grown approximately 160% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.

The industry sees a balanced mix of SBA programs, with 10% 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 Manufacturing SBA Loans

What is the average SBA loan size for ice manufacturing businesses?
Based on 395 approved SBA loans, the average loan size for ice manufacturing (NAICS 312113) is $381K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a ice manufacturing business?
SBA 7(a) is the most commonly used SBA program for ice 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 manufacturing?
189 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 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 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 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 Manufacturing defined by NAICS code 312113. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.