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.
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).
Which SBA Program Do Other Electric Power Generation Businesses Use Most?
What Is the Best SBA Loan for Other Electric Power Generation?
34% 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 221119). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Truist Bank(NC) | 6 | $2.5M |
| 2 | Granite State Economic Develop(NH) | 6 | $12.7M |
| 3 | Bay Colony Development Corpora(MA) | 6 | $16.6M |
| 4 | HEDCO Local Development Corpor(HI) | 5 | $774K |
| 5 | Wells Fargo Bank National Association(SD) | 4 | $889K |
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, 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?
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 221119. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.