How Much Can Instrument Manufacturing for Measuring and Testing Electricity and Ele Businesses Get in SBA Loans?
165 SBA loans totaling $66.3M have been approved for instrument manufacturing for measuring and testing electricity and ele businesses (NAICS 334515). The average approved SBA loan is $402K, which is 18% above avg the $340K national average. 84 active lenders fund this industry with a 9.8% default rate on the matured 2018-2021 loan cohort.
At 9.8%, Instrument Manufacturing for Measuring and Testing Electricity and Ele 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.
NAICS 334515 (Instrument Manufacturing for Measuring and Testing Electricity and Ele) received 165 SBA loans worth $66.3M across 5+ states. Average loan $402K, average term 110 months, 9.8% default rate (resolved-loan basis).84 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 675 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Instrument Manufacturing for Measuring and Testing Electricity and Ele?+150% growth
FY2026 Manufacturing Fee Waivers Active
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.
Which SBA Program Do Instrument Manufacturing for Measuring and Testing Electricity and Ele Businesses Use Most?
What Is the Best SBA Loan for Instrument Manufacturing for Measuring and Testing Electricity and Ele?
Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026
Where Are Instrument Manufacturing for Measuring and Testing Electricity and Ele SBA Loans Most Common?
Top SBA Lenders for Instrument Manufacturing for Measuring and Testing Electricity and Ele
These banks have funded the most SBA loans for instrument manufacturing for measuring and testing electricity and ele businesses (NAICS 334515). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 10 | $1.4M |
| 2 | PNC Bank, National Association(DE) | 9 | $1.2M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 8 | $1.2M |
| 4 | BMO Bank National Association(IL) | 7 | $1.4M |
| 5 | Wells Fargo Bank National Association(SD) | 7 | $2.2M |
Instrument Manufacturing for Measuring and Testing Electricity and Ele Industry Context
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How Does SBA Lending Work for Instrument Manufacturing for Measuring and Testing Electricity and Ele Businesses?
Across all SBA loan programs, 165 loans have been approved for businesses classified under NAICS 334515 (Instrument Manufacturing for Measuring and Testing Electricity and Ele), representing $66.3M in total capital deployed. The average approved loan of $402K is 18% above avg the national SBA average of $340K, with typical repayment terms of 110 months.
SBA lending for instrument manufacturing for measuring and testing electricity and ele is accelerating — loan volume has grown approximately 150% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The industry sees a balanced mix of SBA programs, with 11% 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 — Instrument Manufacturing for Measuring and Testing Electricity and Ele SBA Loans
What is the average SBA loan size for instrument manufacturing for measuring and testing electricity and ele businesses?
Which SBA loan program is best for a instrument manufacturing for measuring and testing electricity and ele business?
How many lenders fund SBA loans for instrument manufacturing for measuring and testing electricity and ele?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help instrument manufacturing for measuring and testing electricity and ele businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Instrument Manufacturing for Measuring and Testing Electricity and Ele defined by NAICS code 334515. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.