How Much Can Nonferrous Metal (except Aluminum) Smelting and Refining Businesses Get in SBA Loans?
24 SBA loans totaling $22.6M have been approved for nonferrous metal (except aluminum) smelting and refining businesses (NAICS 331410). The average approved SBA loan is $941K, which is 176% above avg the $340K national average. 18 active lenders fund this industry.
NAICS 331410 (Nonferrous Metal (except Aluminum) Smelting and Refining) received 24 SBA loans worth $22.6M across 5+ states. Average loan $941K, average term 154 months.18 active SBA-approved lenders fund this industry. Manufacturers (NAICS 31-33) qualify for FY2026 SBA fee waivers and the new MARC revolving credit program.
Is SBA Lending Growing for Nonferrous Metal (except Aluminum) Smelting and Refining?+100% growth
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 Nonferrous Metal (except Aluminum) Smelting and Refining Businesses Use Most?
What Is the Best SBA Loan for Nonferrous Metal (except Aluminum) Smelting and Refining?
Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026
Where Are Nonferrous Metal (except Aluminum) Smelting and Refining SBA Loans Most Common?
Top SBA Lenders for Nonferrous Metal (except Aluminum) Smelting and Refining
These banks have funded the most SBA loans for nonferrous metal (except aluminum) smelting and refining businesses (NAICS 331410). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Newtek Small Business Finance, Inc.(NY) | 3 | $1.4M |
| 2 | Celtic Bank Corporation(UT) | 2 | $3.4M |
| 3 | Savings Bank of Walpole(NH) | 2 | $800K |
| 4 | First National Bank of Pennsylvania(PA) | 2 | $2.7M |
| 5 | Bank of Ann Arbor(MI) | 2 | $3.7M |
Nonferrous Metal (except Aluminum) Smelting and Refining Industry Context
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How Does SBA Lending Work for Nonferrous Metal (except Aluminum) Smelting and Refining Businesses?
Across all SBA loan programs, 24 loans have been approved for businesses classified under NAICS 331410 (Nonferrous Metal (except Aluminum) Smelting and Refining), representing $22.6M in total capital deployed. The average approved loan of $941K is 176% above avg the national SBA average of $340K, with typical repayment terms of 154 months.
SBA lending for nonferrous metal (except aluminum) smelting and refining 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 FY2017.
The overwhelming majority of SBA lending for nonferrous metal (except aluminum) smelting and refining 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.
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 — Nonferrous Metal (except Aluminum) Smelting and Refining SBA Loans
What is the average SBA loan size for nonferrous metal (except aluminum) smelting and refining businesses?
Which SBA loan program is best for a nonferrous metal (except aluminum) smelting and refining business?
How many lenders fund SBA loans for nonferrous metal (except aluminum) smelting and refining?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help nonferrous metal (except aluminum) smelting and refining businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Nonferrous Metal (except Aluminum) Smelting and Refining defined by NAICS code 331410. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.