How Much Can Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Businesses Get in SBA Loans?
476 SBA loans totaling $301.6M have been approved for iron and steel pipe and tube manufacturing from purchased steel businesses (NAICS 331210). The average approved SBA loan is $634K, which is 86% above avg the $340K national average. 186 active lenders fund this industry with a 10.5% default rate on the matured 2018-2021 loan cohort.
At 10.5%, Iron and Steel Pipe and Tube Manufacturing from Purchased Steel 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 331210 (Iron and Steel Pipe and Tube Manufacturing from Purchased Steel) received 476 SBA loans worth $301.6M across 5+ states. Average loan $634K, average term 143 months, 10.5% default rate (resolved-loan basis).186 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 260 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Iron and Steel Pipe and Tube Manufacturing from Purchased Steel?+28% 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 Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Businesses Use Most?
What Is the Best SBA Loan for Iron and Steel Pipe and Tube Manufacturing from Purchased Steel?
Most popular for manufacturing equipment and real estate — with 0% guaranty fees in FY2026
Where Are Iron and Steel Pipe and Tube Manufacturing from Purchased Steel SBA Loans Most Common?
Top SBA Lenders for Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
These banks have funded the most SBA loans for iron and steel pipe and tube manufacturing from purchased steel businesses (NAICS 331210). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | The Huntington National Bank(OH) | 47 | $14.2M |
| 2 | Wells Fargo Bank National Association(SD) | 18 | $5.2M |
| 3 | U.S. Bank, National Association(OH) | 18 | $6.1M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 11 | $2.1M |
| 5 | Manufacturers and Traders Trust Company(NY) | 10 | $11.6M |
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Industry Context
Ready to Fund Your Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Business?
PeerSense places SBA loans for iron and steel pipe and tube manufacturing from purchased steel businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Businesses?
Across all SBA loan programs, 476 loans have been approved for businesses classified under NAICS 331210 (Iron and Steel Pipe and Tube Manufacturing from Purchased Steel), representing $301.6M in total capital deployed. The average approved loan of $634K is 86% above avg the national SBA average of $340K, with typical repayment terms of 143 months.
SBA lending for iron and steel pipe and tube manufacturing from purchased steel is accelerating — loan volume has grown approximately 28% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.
Notably, 23% of SBA loans in this industry use the 504 program — well above the national average — indicating that iron and steel pipe and tube manufacturing from purchased steel businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below-market fixed rates and only 10% down from the borrower.
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 — Iron and Steel Pipe and Tube Manufacturing from Purchased Steel SBA Loans
What is the average SBA loan size for iron and steel pipe and tube manufacturing from purchased steel businesses?
Which SBA loan program is best for a iron and steel pipe and tube manufacturing from purchased steel business?
How many lenders fund SBA loans for iron and steel pipe and tube manufacturing from purchased steel?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help iron and steel pipe and tube manufacturing from purchased steel businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Iron and Steel Pipe and Tube Manufacturing from Purchased Steel defined by NAICS code 331210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.