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NAICS 221119Utilities

How Much Can Other Electric Power Generation Businesses Get in SBA Loans?

65 SBA loans totaling $64.8M have been approved for other electric power generation businesses (NAICS 221119). The average approved SBA loan is $997K, which is 193% above avg the $340K national average. 38 active lenders fund this industry.

Quick Answer

NAICS 221119 (Other Electric Power Generation) received 65 SBA loans worth $64.8M across 5+ states. Average loan $997K, average term 130 months.38 active SBA-approved lenders fund this industry. Most other electric power generation loans use the SBA 504 program. There are approximately 20,425 U.S. establishments in this industry (Census 2022).

65
Total SBA Loans
$64.8M
Total Volume
$997K
Avg Loan Size
193% above avg
38
Active Lenders
130 mo
Avg Term
near national avg
816
Jobs Supported

Which SBA Program Do Other Electric Power Generation Businesses Use Most?

SBA 7(a)43 (66%)
SBA 50422 (34%)

What Is the Best SBA Loan for Other Electric Power Generation?

SBA 504

34% of other electric power generation loans use this program — ideal for real estate and major equipment purchases

Industry avg loan: $997K
Typical term: 130 months
Historical avg rate: 5.91%
38+ lenders active in this industry

Where Are Other Electric Power Generation SBA Loans Most Common?

#1
MA
13 loans
$25.9M
#2
HI
5 loans
$774K
#3
CA
4 loans
$2.2M
#4
WI
3 loans
$325K
#5
PA
3 loans
$3.7M

Top SBA Lenders for Other Electric Power Generation

These banks have funded the most SBA loans for other electric power generation businesses (NAICS 221119). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Truist Bank(NC)6$2.5M
2Granite State Economic Develop(NH)6$12.7M
3Bay Colony Development Corpora(MA)6$16.6M
4HEDCO Local Development Corpor(HI)5$774K
5Wells Fargo Bank National Association(SD)4$889K

Other Electric Power Generation Industry Context

U.S. Establishments
20,425
U.S. Census Bureau · 2022
SBA Penetration
0.32%
SBA loans per establishment

Ready to Fund Your Other Electric Power Generation Business?

PeerSense places SBA loans for other electric power generation businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Other Electric Power Generation 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 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Other Electric Power Generation Businesses?

Across all SBA loan programs, 65 loans have been approved for businesses classified under NAICS 221119 (Other Electric Power Generation), representing $64.8M in total capital deployed. The average approved loan of $997K is 193% above avg the national SBA average of $340K, with typical repayment terms of 130 months.

SBA lending for other electric power generation has remained relatively stable across recent fiscal years. 38 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

Notably, 34% of SBA loans in this industry use the 504 program — well above the national average — indicating that other electric power generation businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below-market fixed rates and only 10% down from the borrower.

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?
Based on 65 approved SBA loans, the average loan size for other electric power generation (NAICS 221119) is $997K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a other electric power generation business?
SBA 504 is the most commonly used SBA program for other electric power generation businesses. 34% of other electric power generation loans use this program — ideal for real estate and major equipment purchases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for other electric power generation?
38 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 other electric power generation sector.
What states have the most SBA lending for other electric power generation?
MA leads with 13 SBA loans and $25.9M in total volume for other electric power generation businesses. HI, CA, WI also show strong lending activity in this sector.
How does PeerSense help other electric power generation 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 other electric power generation industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Other Electric Power Generation defined by NAICS code 221119. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.