How Much Can Mining Machinery and Equipment Manufacturing Businesses Get in SBA Loans?
131 SBA loans totaling $72.4M have been approved for mining machinery and equipment manufacturing businesses (NAICS 333131). The average approved SBA loan is $553K, which is 62% above avg the $340K national average. 68 active lenders fund this industry.
NAICS 333131 (Mining Machinery and Equipment Manufacturing) received 131 SBA loans worth $72.4M across 5+ states. Average loan $553K, average term 103 months.68 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 268 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Mining Machinery and Equipment Manufacturing?
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 Mining Machinery and Equipment Manufacturing Businesses Use Most?
What Is the Best SBA Loan for Mining Machinery and Equipment Manufacturing?
Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026
Where Are Mining Machinery and Equipment Manufacturing SBA Loans Most Common?
Top SBA Lenders for Mining Machinery and Equipment Manufacturing
These banks have funded the most SBA loans for mining machinery and equipment manufacturing businesses (NAICS 333131). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 14 | $3.0M |
| 2 | Zions Bank, A Division of(UT) | 6 | $967K |
| 3 | JPMorgan Chase Bank, National Association(OH) | 5 | $1.2M |
| 4 | Comvest Export Finance Company, Inc.(WV) | 4 | $725K |
| 5 | KeyBank National Association(OH) | 4 | $1.1M |
Mining Machinery and Equipment Manufacturing Industry Context
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How Does SBA Lending Work for Mining Machinery and Equipment Manufacturing Businesses?
Across all SBA loan programs, 131 loans have been approved for businesses classified under NAICS 333131 (Mining Machinery and Equipment Manufacturing), representing $72.4M in total capital deployed. The average approved loan of $553K is 62% above avg the national SBA average of $340K, with typical repayment terms of 103 months.
SBA lending for mining machinery and equipment manufacturing has remained relatively stable across recent fiscal years. 68 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The industry sees a balanced mix of SBA programs, with 15% 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 — Mining Machinery and Equipment Manufacturing SBA Loans
What is the average SBA loan size for mining machinery and equipment manufacturing businesses?
Which SBA loan program is best for a mining machinery and equipment manufacturing business?
How many lenders fund SBA loans for mining machinery and equipment manufacturing?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help mining machinery and equipment manufacturing businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Mining Machinery and Equipment Manufacturing defined by NAICS code 333131. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.