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NAICS 541110Professional & Technical ServicesLending Growing

How Much Can Offices of Lawyers Businesses Get in SBA Loans?

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 8.3% default rate on the matured 2018-2021 loan cohort.

Low default risk8.3% vs 15.4% all-industry avg

At 8.3%, Offices of Lawyers 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 541110 (Offices of Lawyers) received 20,452 SBA loans worth $5.1B across 5+ states. Average loan $250K, average term 143 months, 8.3% default rate (resolved-loan basis).1151 active SBA-approved lenders fund this industry. Most offices of lawyers loans use the SBA 7(a) program.

20,452
Total SBA Loans
$5.1B
Total Volume
$250K
Avg Loan Size
27% below avg
1,151
Active Lenders
143 mo
Avg Term
10% above avg
92,517
Jobs Supported

Is SBA Lending Growing for Offices of Lawyers?+28% growth

880
709
731
574
549
728
652
578
721
739
16
17
18
19
20
21
22
23
24
25
$225.2M
$218.1M
$219.2M
$191.1M
$250.1M
$377.6M
$346.7M
$249.5M
$239.8M
$294.6M

Which SBA Program Do Offices of Lawyers Businesses Use Most?

SBA 7(a)16,853 (82%)
SBA 5043,599 (18%)

What Is the Best SBA Loan for Offices of Lawyers?

SBA 7(a)

The most widely used SBA program for offices of lawyers businesses: flexible terms, multiple use cases

Industry avg loan: $250K
Typical term: 143 months
Historical avg rate: 7.41%
1151+ lenders active in this industry
Default rate (2018–21 matured cohort): 8.3%

Where Are Offices of Lawyers SBA Loans Most Common?

#1
CA
3,911 loans
$1.6B
#2
FL
1,542 loans
$450.6M
#3
NY
1,439 loans
$266.8M
#4
TX
1,417 loans
$378.2M
#5
MA
1,225 loans
$106.9M

SBA Lending Activity in Offices of Lawyers

1,151 SBA lenders have funded 20,452 loans to offices of lawyers businesses (NAICS 541110). 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
20,452
Active lenders
1,151
Total volume
$5.1B
Avg loan size
$250K

Offices of Lawyers Industry Context

U.S. Employment
22,385,000
BLS · 2026

Ready to Fund Your Offices of Lawyers Business?

PeerSense places SBA loans for offices of lawyers businesses nationwide. We match you with the right capital source. Referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Offices of Lawyers 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 24–48 hours. No obligation.

How big is your deal?
Where are you in the deal?
Equity or down payment ready
Credit score
Timeline to close

Referral fee realized at closing · Or call (317) 452-6990

How Does SBA Lending Work for Offices of Lawyers Businesses?

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.

Frequently Asked Questions: Offices of Lawyers SBA Loans

What is the average SBA loan size for offices of lawyers businesses?
Based on 20,452 approved SBA loans, the average loan size for offices of lawyers (NAICS 541110) is $250K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a offices of lawyers business?
SBA 7(a) is the most commonly used SBA program for offices of lawyers businesses. The most widely used SBA program for offices of lawyers businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for offices of lawyers?
1151 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 offices of lawyers sector.
What states have the most SBA lending for offices of lawyers?
CA leads with 3,911 SBA loans and $1.6B in total volume for offices of lawyers businesses. FL, NY, TX also show strong lending activity in this sector.
How does PeerSense help offices of lawyers 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 offices of lawyers industry. Our referral fee is established upfront in our agreement and paid at closing.

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.