20,452 SBA loans totaling $5.1B have been approved for offices of lawyers businesses (NAICS 541110). The average approved SBA loan is $250K, which is 27% below avg the $340K national average. 1151 active lenders fund this industry with a 5.6% historical default rate.
The most widely used SBA program for offices of lawyers businesses — flexible terms, multiple use cases
PeerSense places SBA loans for offices of lawyers businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
Retainers
Down with SBA 7(a)
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Across all SBA loan programs, 20,452 loans have been approved for businesses classified under NAICS 541110 (Offices of Lawyers), representing $5.1B in total capital deployed. The average approved loan of $250K is 27% below avg the national SBA average of $340K, with typical repayment terms of 143 months.
SBA lending for offices of lawyers is accelerating — loan volume has grown approximately 28% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.
The industry sees a balanced mix of SBA programs, with 18% 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 offices of lawyers 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.
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Engineering Services
All Other Professional, Scientific, and Technical Services
Custom Computer Programming Services
Offices of Certified Public Accountants
Administrative Management and General Management Consulting Services
Data aggregated from SBA loan records (1992–2025). Offices of Lawyers defined by NAICS code 541110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.