What is the SBA loan default rate for Mobile Food Services?

At 12.9%, Mobile Food Services 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. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 573 lenders actively fund this industry.

Which SBA program is best for Mobile Food Services?

The SBA 7(a) program is the most commonly used for Mobile Food Services businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 722330Accommodation & Food ServicesLending Growing

How Much Can Mobile Food Services Businesses Get in SBA Loans?

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3,063 SBA loans totaling $308.6M have been approved for mobile food services businesses (NAICS 722330). The average approved SBA loan is $101K, which is 70% below avg the $340K national average. 573 active lenders fund this industry with a 12.9% default rate on the matured 2018-2021 loan cohort.

Moderate default risk12.9% vs 15.4% all industry avg

At 12.9%, Mobile Food Services 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. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 722330 (Mobile Food Services) received 3,063 SBA loans worth $308.6M across 5+ states. Average loan $101K, average term 95 months, 12.9% default rate (resolved loan basis).573 active SBA approved lenders fund this industry. Most mobile food services loans use the SBA 7(a) program.

3,063

Total SBA Loans

$308.6M

Total Volume

$101K

Avg Loan Size

70% below avg

573

Active Lenders

95 mo

Avg Term

27% below avg

19,462

Jobs Supported

Is SBA Lending Growing for Mobile Food Services?+22% growth

154

184

176

141

113

141

174

259

311

317

$13.0M

$14.2M

$12.0M

$13.3M

$11.5M

$16.2M

$25.4M

$28.1M

$34.7M

Which SBA Program Do Mobile Food Services Businesses Use Most?

SBA 7(a)3,032 (99%)

SBA 50431 (1%)

What Is the Best SBA Loan for Mobile Food Services?

SBA 7(a)

The most widely used SBA program for mobile food services businesses: flexible terms, multiple use cases

Industry avg loan: $101K

Typical term: 95 months

Historical avg rate: 8.39%

573+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 12.9%

Where Are Mobile Food Services SBA Loans Most Common?

321 loans

$52.3M

260 loans

$23.9M

202 loans

$18.7M

150 loans

$20.2M

125 loans

$13.4M

SBA Lending Activity in Mobile Food Services

573 SBA lenders have funded 3,063 loans to mobile food services businesses (NAICS 722330). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

3,063

Active lenders

573

Total volume

$308.6M

Avg loan size

$101K

Browse all SBA lenders

Talk to PeerSense

PeerSense sources capital for mobile food services businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Mobile Food Services business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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How Does SBA Lending Work for Mobile Food Services Businesses?

Across all SBA loan programs, 3,063 loans have been approved for businesses classified under NAICS 722330 (Mobile Food Services), representing $308.6M in total capital deployed. The average approved loan of $101K is 70% below avg the national SBA average of $340K, with typical repayment terms of 95 months.

SBA lending for mobile food services is accelerating. Loan volume has grown approximately 22% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

The overwhelming majority of SBA lending for mobile food services uses the 7(a) program, which provides the most flexibility, covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

Talk to PeerSense about a mobile food services file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Mobile Food Services SBA Loans

What is the average SBA loan size for mobile food services businesses?

Based on 3,063 approved SBA loans, the average loan size for mobile food services (NAICS 722330) is $101K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a mobile food services business?

SBA 7(a) is the most commonly used SBA program for mobile food services businesses. The most widely used SBA program for mobile food services businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for mobile food services?

573 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a mobile food services file.

What states have the most SBA lending for mobile food services?

CA leads with 321 SBA loans and $52.3M in total volume for mobile food services businesses. OH, TX, NY also show strong lending activity in this sector.

How does PeerSense help mobile food services businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a mobile food services file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Accommodation & Food Services Industries

Full-Service Restaurants

49,950 loans · N/A

Avg: $266K

Full-Service Restaurants

41,841 loans · N/A

Avg: $483K

Limited-Service Restaurants

33,710 loans · N/A

Avg: $223K

Hotels (except Casino Hotels) and Motels

30,612 loans · N/A

Avg: $1.6M

Limited-Service Restaurants

28,029 loans · N/A

Avg: $431K

Drinking Places (Alcoholic Beverages)

13,001 loans · N/A

Avg: $310K

Data aggregated from SBA loan records (1992 to 2025). Mobile Food Services defined by NAICS code 722330. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.