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NAICS 332420ManufacturingFY2026 Fee Waivers

How Much Can Metal Tank (Heavy Gauge) Manufacturing Businesses Get in SBA Loans?

155 SBA loans totaling $128.3M have been approved for metal tank (heavy gauge) manufacturing businesses (NAICS 332420). The average approved SBA loan is $827K, which is 143% above avg the $340K national average. 92 active lenders fund this industry with a 4.5% historical default rate.

Quick Answer

NAICS 332420 (Metal Tank (Heavy Gauge) Manufacturing) received 155 SBA loans worth $128.3M across 5+ states. Average loan $827K, average term 123 months, default rate 4.5%.92 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 708 U.S. establishments in this industry (Census 2022).

155
Total SBA Loans
$128.3M
Total Volume
$827K
Avg Loan Size
143% above avg
92
Active Lenders
123 mo
Avg Term
5% below avg
3,590
Jobs Supported

Is SBA Lending Growing for Metal Tank (Heavy Gauge) Manufacturing?-50% decline

6
6
11
2
9
3
3
6
3
3
16
17
18
19
20
21
22
23
24
25
$6.4M
$8.2M
$12.8M
$5.3M
$15.8M
$7.0M
$6.0M
$9.8M
$5.7M
$515K

FY2026 Manufacturing Fee Waivers Active

The SBA has waived guaranty fees for manufacturers (NAICS 31-33) through September 30, 2026:

$0 Fees

504 loans — all guaranty fees waived for manufacturing

$0 Fees

7(a) loans up to $950K — guaranty fee waived

$5M MARC

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 Metal Tank (Heavy Gauge) Manufacturing Businesses Use Most?

SBA 7(a)123 (79%)
SBA 50432 (21%)

What Is the Best SBA Loan for Metal Tank (Heavy Gauge) Manufacturing?

SBA 504

Most popular for manufacturing equipment and real estate — with 0% guaranty fees in FY2026

Industry avg loan: $827K
Typical term: 123 months
Historical avg rate: 6.50%
92+ lenders active in this industry
Historical default rate: 4.5%

Where Are Metal Tank (Heavy Gauge) Manufacturing SBA Loans Most Common?

#1
TX
18 loans
$18.6M
#2
CA
18 loans
$14.6M
#3
MO
14 loans
$27.8M
#4
OH
9 loans
$8.0M
#5
WI
8 loans
$5.8M

Top SBA Lenders for Metal Tank (Heavy Gauge) Manufacturing

These banks have funded the most SBA loans for metal tank (heavy gauge) manufacturing businesses (NAICS 332420). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1UMB Bank, National Association(MO)8$5.9M
2Citizens Bank, National Association(RI)6$167K
3JPMorgan Chase Bank, National Association(OH)6$915K
4Carrollton Bank(IL)4$18.5M
5Zions Bank, A Division of(UT)4$178K

Metal Tank (Heavy Gauge) Manufacturing Industry Context

U.S. Establishments
708
U.S. Census Bureau · 2022
SBA Penetration
21.89%
SBA loans per establishment

Ready to Fund Your Metal Tank (Heavy Gauge) Manufacturing Business?

PeerSense places SBA loans for metal tank (heavy gauge) manufacturing 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

How Does SBA Lending Work for Metal Tank (Heavy Gauge) Manufacturing Businesses?

Across all SBA loan programs, 155 loans have been approved for businesses classified under NAICS 332420 (Metal Tank (Heavy Gauge) Manufacturing), representing $128.3M in total capital deployed. The average approved loan of $827K is 143% above avg the national SBA average of $340K, with typical repayment terms of 123 months.

SBA lending for metal tank (heavy gauge) manufacturing has contracted approximately 50% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 92 lenders remain active, maintaining competitive options for qualified borrowers.

Notably, 21% of SBA loans in this industry use the 504 program — well above the national average — indicating that metal tank (heavy gauge) manufacturing 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 — Metal Tank (Heavy Gauge) Manufacturing SBA Loans

What is the average SBA loan size for metal tank (heavy gauge) manufacturing businesses?
Based on 155 approved SBA loans, the average loan size for metal tank (heavy gauge) manufacturing (NAICS 332420) is $827K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a metal tank (heavy gauge) manufacturing business?
SBA 504 is the most commonly used SBA program for metal tank (heavy gauge) manufacturing businesses. Most popular for manufacturing equipment and real estate — with 0% guaranty fees in FY2026. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for metal tank (heavy gauge) manufacturing?
92 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 metal tank (heavy gauge) manufacturing sector.
Are there SBA fee waivers for manufacturing businesses in 2026?
Yes. Through September 30, 2026, the SBA has waived guaranty fees on all 504 loans and on 7(a) loans up to $950,000 for manufacturers (NAICS 31-33). This can save borrowers thousands in upfront costs. The MARC program also offers revolving credit up to $5M exclusively for manufacturers.
How does PeerSense help metal tank (heavy gauge) manufacturing 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 metal tank (heavy gauge) manufacturing industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Metal Tank (Heavy Gauge) Manufacturing defined by NAICS code 332420. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.