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NAICS 221210UtilitiesLending Growing

How Much Can Natural Gas Distribution Businesses Get in SBA Loans?

242 SBA loans totaling $92.1M have been approved for natural gas distribution businesses (NAICS 221210). The average approved SBA loan is $380K, which is 12% above avg the $340K national average. 123 active lenders fund this industry with a 10.1% default rate on the matured 2018-2021 loan cohort.

Low default risk10.1% vs 15.4% all-industry avg

At 10.1%, Natural Gas Distribution 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 221210 (Natural Gas Distribution) received 242 SBA loans worth $92.1M across 5+ states. Average loan $380K, average term 120 months, 10.1% default rate (resolved-loan basis).123 active SBA-approved lenders fund this industry. Most natural gas distribution loans use the SBA 7(a) program. There are approximately 2,420 U.S. establishments in this industry (Census 2022).

242
Total SBA Loans
$92.1M
Total Volume
$380K
Avg Loan Size
12% above avg
123
Active Lenders
120 mo
Avg Term
8% below avg
1,357
Jobs Supported

Is SBA Lending Growing for Natural Gas Distribution?+100% growth

3
6
7
7
5
4
5
3
1
6
16
17
18
19
20
21
22
23
24
25
$1.7M
$2.7M
$2.9M
$4.5M
$2.6M
$5.4M
$3.8M
$1.3M
$40K
$3.4M

Which SBA Program Do Natural Gas Distribution Businesses Use Most?

SBA 7(a)222 (92%)
SBA 50420 (8%)

What Is the Best SBA Loan for Natural Gas Distribution?

SBA 7(a)

The most widely used SBA program for natural gas distribution businesses — flexible terms, multiple use cases

Industry avg loan: $380K
Typical term: 120 months
Historical avg rate: 6.59%
123+ lenders active in this industry
Default rate (2018–21 matured cohort): 10.1%

Where Are Natural Gas Distribution SBA Loans Most Common?

#1
TX
32 loans
$13.9M
#2
CA
23 loans
$8.6M
#3
PA
19 loans
$3.9M
#4
MN
19 loans
$11.3M
#5
UT
12 loans
$4.9M

Top SBA Lenders for Natural Gas Distribution

These banks have funded the most SBA loans for natural gas distribution businesses (NAICS 221210). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1JPMorgan Chase Bank, National Association(OH)16$3.1M
2Wells Fargo Bank National Association(SD)16$5.2M
3U.S. Bank, National Association(OH)15$6.0M
4PNC Bank, National Association(DE)8$1.5M
5Bank of America, National Association(NC)7$1.3M

Natural Gas Distribution Industry Context

U.S. Establishments
2,420
U.S. Census Bureau · 2022
SBA Penetration
10.00%
SBA loans per establishment

Ready to Fund Your Natural Gas Distribution Business?

PeerSense places SBA loans for natural gas distribution 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 Natural Gas Distribution 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 Natural Gas Distribution Businesses?

Across all SBA loan programs, 242 loans have been approved for businesses classified under NAICS 221210 (Natural Gas Distribution), representing $92.1M in total capital deployed. The average approved loan of $380K is 12% above avg the national SBA average of $340K, with typical repayment terms of 120 months.

SBA lending for natural gas distribution is accelerating — loan volume has grown approximately 100% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2018.

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 natural gas distribution 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 — Natural Gas Distribution SBA Loans

What is the average SBA loan size for natural gas distribution businesses?
Based on 242 approved SBA loans, the average loan size for natural gas distribution (NAICS 221210) is $380K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a natural gas distribution business?
SBA 7(a) is the most commonly used SBA program for natural gas distribution businesses. The most widely used SBA program for natural gas distribution businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for natural gas distribution?
123 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 natural gas distribution sector.
What states have the most SBA lending for natural gas distribution?
TX leads with 32 SBA loans and $13.9M in total volume for natural gas distribution businesses. CA, PA, MN also show strong lending activity in this sector.
How does PeerSense help natural gas distribution 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 natural gas distribution industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Natural Gas Distribution defined by NAICS code 221210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.