How Much Can Knit Fabric Mills Businesses Get in SBA Loans?
12 SBA loans totaling $14.3M have been approved for knit fabric mills businesses (NAICS 313240). The average approved SBA loan is $1.2M, which is 250% above avg the $340K national average. 8 active lenders fund this industry.
NAICS 313240 (Knit Fabric Mills) received 12 SBA loans worth $14.3M across 5+ states. Average loan $1.2M, average term 128 months.8 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 109 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Knit Fabric Mills?+200% 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 Knit Fabric Mills Businesses Use Most?
What Is the Best SBA Loan for Knit Fabric Mills?
Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026
Where Are Knit Fabric Mills SBA Loans Most Common?
Top SBA Lenders for Knit Fabric Mills
These banks have funded the most SBA loans for knit fabric mills businesses (NAICS 313240). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 3 | $940K |
| 2 | Manufacturers and Traders Trust Company(NY) | 2 | $75K |
| 3 | TD Bank, National Association(DE) | 2 | $289K |
| 4 | PCB Bank(CA) | 1 | $2.4M |
| 5 | Old National Bank(IN) | 1 | $3.3M |
Knit Fabric Mills Industry Context
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How Does SBA Lending Work for Knit Fabric Mills Businesses?
Across all SBA loan programs, 12 loans have been approved for businesses classified under NAICS 313240 (Knit Fabric Mills), representing $14.3M in total capital deployed. The average approved loan of $1.2M is 250% above avg the national SBA average of $340K, with typical repayment terms of 128 months.
SBA lending for knit fabric mills is accelerating — loan volume has grown approximately 200% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2022.
The industry sees a balanced mix of SBA programs, with 8% 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 — Knit Fabric Mills SBA Loans
What is the average SBA loan size for knit fabric mills businesses?
Which SBA loan program is best for a knit fabric mills business?
How many lenders fund SBA loans for knit fabric mills?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help knit fabric mills businesses get SBA loans?
Related Manufacturing Industries
Data aggregated from SBA loan records (1992–2025). Knit Fabric Mills defined by NAICS code 313240. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.