How Much Can Battery Manufacturing Businesses Get in SBA Loans?

Across all SBA loan programs, 18 loans have been approved for businesses classified under NAICS 335910 (Battery Manufacturing), representing $24.5M in total capital deployed. The average approved loan of $1.4M is 299% above avg the national SBA average of $340K, with typical repayment terms of 157 months.

SBA lending for battery manufacturing is accelerating. Loan volume has grown approximately 350% 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 17% 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 to 33, you qualify for FY2027 SBA fee terms through September 30, 2027. For manufacturers, the SBA has waived the 504 upfront guaranty fee and annual service fee, and the 7(a) upfront fee is 0% on loans of $700,000 or less. 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.