How Much Can Other Electric Power Generation Businesses Get in SBA Loans?
57 SBA loans totaling $41.4M have been approved for other electric power generation businesses (NAICS 221118). The average approved SBA loan is $726K, which is 113% above avg the $340K national average. 34 active lenders fund this industry.
NAICS 221118 (Other Electric Power Generation) received 57 SBA loans worth $41.4M across 5+ states. Average loan $726K, average term 129 months.34 active SBA-approved lenders fund this industry. Most other electric power generation loans use the SBA 504 program. There are approximately 160 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Other Electric Power Generation?+233% growth
Which SBA Program Do Other Electric Power Generation Businesses Use Most?
What Is the Best SBA Loan for Other Electric Power Generation?
14% of other electric power generation loans use this program — ideal for real estate and major equipment purchases
Where Are Other Electric Power Generation SBA Loans Most Common?
Top SBA Lenders for Other Electric Power Generation
These banks have funded the most SBA loans for other electric power generation businesses (NAICS 221118). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | The Huntington National Bank(OH) | 5 | $516K |
| 2 | Wells Fargo Bank National Association(SD) | 4 | $50K |
| 3 | Coulee Bank(WI) | 4 | $3.4M |
| 4 | Byline Bank(IL) | 4 | $5.2M |
| 5 | Northeast Bank(ME) | 4 | $713K |
Other Electric Power Generation Industry Context
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How Does SBA Lending Work for Other Electric Power Generation Businesses?
Across all SBA loan programs, 57 loans have been approved for businesses classified under NAICS 221118 (Other Electric Power Generation), representing $41.4M in total capital deployed. The average approved loan of $726K is 113% above avg the national SBA average of $340K, with typical repayment terms of 129 months.
SBA lending for other electric power generation is accelerating — loan volume has grown approximately 233% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.
The industry sees a balanced mix of SBA programs, with 14% 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 other electric power generation 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 100+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Other Electric Power Generation SBA Loans
What is the average SBA loan size for other electric power generation businesses?
Which SBA loan program is best for a other electric power generation business?
How many lenders fund SBA loans for other electric power generation?
What states have the most SBA lending for other electric power generation?
How does PeerSense help other electric power generation businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Other Electric Power Generation defined by NAICS code 221118. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.