How Much Can Oil and Gas Field Machinery and Equipment Manufacturing Businesses Get in SBA Loans?
441 SBA loans totaling $250.8M have been approved for oil and gas field machinery and equipment manufacturing businesses (NAICS 333132). The average approved SBA loan is $569K, which is 67% above avg the $340K national average. 156 active lenders fund this industry with a 9.7% default rate on the matured 2018-2021 loan cohort.
At 9.7%, Oil and Gas Field Machinery and Equipment Manufacturing 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. The capital source prices this risk into rate and structure.
NAICS 333132 (Oil and Gas Field Machinery and Equipment Manufacturing) received 441 SBA loans worth $250.8M across 5+ states. Average loan $569K, average term 115 months, 9.7% default rate (resolved loan basis).156 active SBA approved lenders fund this industry.Manufacturers in NAICS 31 to 33 qualify for FY2027 SBA fee terms and can access the MARC revolving credit program. There are approximately 626 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Oil and Gas Field Machinery and Equipment Manufacturing?-12% decline
FY2027 Manufacturing Fee Waivers Active
The SBA has waived both 504 fees for manufacturers in NAICS 31 to 33 through September 30, 2027:
504 loans: all guaranty fees waived for manufacturing
7(a) loans of $700,000 or less: 0% upfront fee for manufacturers
Revolving credit line: manufacturers only, launched 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 Oil and Gas Field Machinery and Equipment Manufacturing Businesses Use Most?
What Is the Best SBA Loan for Oil and Gas Field Machinery and Equipment Manufacturing?
Versatile funding for working capital, equipment, and expansion. 7(a) upfront fee is 0% for qualifying manufacturers on loans of $700,000 or less in FY2027
Where Are Oil and Gas Field Machinery and Equipment Manufacturing SBA Loans Most Common?
SBA Lending Activity in Oil and Gas Field Machinery and Equipment Manufacturing
156 SBA lenders have funded 441 loans to oil and gas field machinery and equipment manufacturing businesses (NAICS 333132). 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.
Oil and Gas Field Machinery and Equipment Manufacturing Industry Context
Talk to PeerSense
PeerSense sources capital for oil and gas field machinery and equipment manufacturing businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Oil and Gas Field Machinery and Equipment Manufacturing 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 Does SBA Lending Work for Oil and Gas Field Machinery and Equipment Manufacturing Businesses?
Across all SBA loan programs, 441 loans have been approved for businesses classified under NAICS 333132 (Oil and Gas Field Machinery and Equipment Manufacturing), representing $250.8M in total capital deployed. The average approved loan of $569K is 67% above avg the national SBA average of $340K, with typical repayment terms of 115 months.
SBA lending for oil and gas field machinery and equipment manufacturing has contracted approximately 12% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 156 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 12% 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.
As a manufacturing business under NAICS 31 to 33, you qualify for FY2027 SBA fee terms through September 30, 2027. For manufacturers, the SBA has waived the 504 upfront guaranty fee and annual service fee, and the 7(a) upfront fee is 0% on loans of $700,000 or less. 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: Oil and Gas Field Machinery and Equipment Manufacturing SBA Loans
What is the average SBA loan size for oil and gas field machinery and equipment manufacturing businesses?
Which SBA loan program is best for a oil and gas field machinery and equipment manufacturing business?
How many lenders fund SBA loans for oil and gas field machinery and equipment manufacturing?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help oil and gas field machinery and equipment manufacturing businesses get SBA loans?
Related Manufacturing Industries
Machine Shops
All Other Miscellaneous Manufacturing
All Other Miscellaneous Fabricated Metal Product Manufacturing
Wood Kitchen Cabinet and Countertop Manufacturing
Sign Manufacturing
Fabricated Structural Metal Manufacturing
Data aggregated from SBA loan records (1992 to 2025). Oil and Gas Field Machinery and Equipment Manufacturing defined by NAICS code 333132. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.