Skip to main content
Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
NAICS 531120Real Estate

How Much Can Lessors of Nonresidential Buildings (except Miniwarehouses) Businesses Get in SBA Loans?

4,412 SBA loans totaling $3.3B have been approved for lessors of nonresidential buildings (except miniwarehouses) businesses (NAICS 531120). The average approved SBA loan is $755K, which is 122% above avg the $340K national average. 853 active lenders fund this industry with a 6.5% default rate on the matured 2018-2021 loan cohort.

Low default risk6.5% vs 15.4% all-industry avg

At 6.5%, Lessors of Nonresidential Buildings (except Miniwarehouses) 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 531120 (Lessors of Nonresidential Buildings (except Miniwarehouses)) received 4,412 SBA loans worth $3.3B across 5+ states. Average loan $755K, average term 232 months, 6.5% default rate (resolved-loan basis).853 active SBA-approved lenders fund this industry. Most lessors of nonresidential buildings (except miniwarehouses) loans use the SBA 7(a) program.

4,412
Total SBA Loans
$3.3B
Total Volume
$755K
Avg Loan Size
122% above avg
853
Active Lenders
232 mo
Avg Term
78% above avg
46,828
Jobs Supported

Is SBA Lending Growing for Lessors of Nonresidential Buildings (except Miniwarehouses)?-97% decline

296
207
211
190
154
329
221
190
32
6
16
17
18
19
20
21
22
23
24
25
$238.8M
$148.3M
$177.9M
$176.2M
$153.3M
$341.8M
$217.8M
$213.4M
$45.6M
$1.3M

Which SBA Program Do Lessors of Nonresidential Buildings (except Miniwarehouses) Businesses Use Most?

SBA 7(a)4,076 (92%)
SBA 504336 (8%)

What Is the Best SBA Loan for Lessors of Nonresidential Buildings (except Miniwarehouses)?

SBA 7(a)

The most widely used SBA program for lessors of nonresidential buildings (except miniwarehouses) businesses — flexible terms, multiple use cases

Industry avg loan: $755K
Typical term: 232 months
Historical avg rate: 5.84%
853+ lenders active in this industry
Default rate (2018–21 matured cohort): 6.5%

Where Are Lessors of Nonresidential Buildings (except Miniwarehouses) SBA Loans Most Common?

#1
CA
524 loans
$568.3M
#2
TX
291 loans
$296.6M
#3
WI
212 loans
$110.5M
#4
NY
207 loans
$125.2M
#5
MI
173 loans
$117.3M

Top SBA Lenders for Lessors of Nonresidential Buildings (except Miniwarehouses)

These banks have funded the most SBA loans for lessors of nonresidential buildings (except miniwarehouses) businesses (NAICS 531120). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Enterprise Bank & Trust(MO)300$322.3M
2Wells Fargo Bank National Association(SD)140$117.1M
3Manufacturers and Traders Trust Company(NY)114$34.7M
4Columbia Bank(OR)101$63.5M
5The Huntington National Bank(OH)93$50.5M

Lessors of Nonresidential Buildings (except Miniwarehouses) Industry Context

U.S. Employment
9,166,000
BLS · 2026

Ready to Fund Your Lessors of Nonresidential Buildings (except Miniwarehouses) Business?

PeerSense places SBA loans for lessors of nonresidential buildings (except miniwarehouses) 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 Lessors of Nonresidential Buildings (except Miniwarehouses) 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 Lessors of Nonresidential Buildings (except Miniwarehouses) Businesses?

Across all SBA loan programs, 4,412 loans have been approved for businesses classified under NAICS 531120 (Lessors of Nonresidential Buildings (except Miniwarehouses)), representing $3.3B in total capital deployed. The average approved loan of $755K is 122% above avg the national SBA average of $340K, with typical repayment terms of 232 months.

SBA lending for lessors of nonresidential buildings (except miniwarehouses) has contracted approximately 97% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 853 lenders remain active, maintaining competitive options for qualified borrowers.

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.

PeerSense specializes in matching lessors of nonresidential buildings (except miniwarehouses) business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.

Frequently Asked Questions — Lessors of Nonresidential Buildings (except Miniwarehouses) SBA Loans

What is the average SBA loan size for lessors of nonresidential buildings (except miniwarehouses) businesses?
Based on 4,412 approved SBA loans, the average loan size for lessors of nonresidential buildings (except miniwarehouses) (NAICS 531120) is $755K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a lessors of nonresidential buildings (except miniwarehouses) business?
SBA 7(a) is the most commonly used SBA program for lessors of nonresidential buildings (except miniwarehouses) businesses. The most widely used SBA program for lessors of nonresidential buildings (except miniwarehouses) businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for lessors of nonresidential buildings (except miniwarehouses)?
853 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 lessors of nonresidential buildings (except miniwarehouses) sector.
What states have the most SBA lending for lessors of nonresidential buildings (except miniwarehouses)?
CA leads with 524 SBA loans and $568.3M in total volume for lessors of nonresidential buildings (except miniwarehouses) businesses. TX, WI, NY also show strong lending activity in this sector.
How does PeerSense help lessors of nonresidential buildings (except miniwarehouses) 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 lessors of nonresidential buildings (except miniwarehouses) industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Lessors of Nonresidential Buildings (except Miniwarehouses) defined by NAICS code 531120. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.