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NAICS 624190Healthcare & Social Services

How Much Can Other Individual and Family Services Businesses Get in SBA Loans?

1,767 SBA loans totaling $311.0M have been approved for other individual and family services businesses (NAICS 624190). The average approved SBA loan is $176K, which is 48% below avg the $340K national average. 327 active lenders fund this industry with a 15.4% default rate on the matured 2018-2021 loan cohort.

Above average default risk15.4% vs 15.4% all-industry avg

At 15.4%, Other Individual and Family Services sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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 624190 (Other Individual and Family Services) received 1,767 SBA loans worth $311.0M across 5+ states. Average loan $176K, average term 127 months, 15.4% default rate (resolved-loan basis).327 active SBA-approved lenders fund this industry. Most other individual and family services loans use the SBA 7(a) program.

1,767
Total SBA Loans
$311.0M
Total Volume
$176K
Avg Loan Size
48% below avg
327
Active Lenders
127 mo
Avg Term
near national avg
17,658
Jobs Supported

Is SBA Lending Growing for Other Individual and Family Services?

64
65
69
82
50
90
82
130
134
123
16
17
18
19
20
21
22
23
24
25
$8.9M
$9.6M
$8.5M
$15.8M
$11.7M
$21.5M
$26.9M
$30.2M
$34.0M
$28.9M

Which SBA Program Do Other Individual and Family Services Businesses Use Most?

SBA 7(a)1,625 (92%)
SBA 504142 (8%)

What Is the Best SBA Loan for Other Individual and Family Services?

SBA 7(a)

The most widely used SBA program for other individual and family services businesses — flexible terms, multiple use cases

Industry avg loan: $176K
Typical term: 127 months
Historical avg rate: 8.35%
327+ lenders active in this industry
Default rate (2018–21 matured cohort): 15.4%

Where Are Other Individual and Family Services SBA Loans Most Common?

#1
CA
215 loans
$44.3M
#2
TX
116 loans
$17.6M
#3
OH
96 loans
$12.0M
#4
NY
78 loans
$11.1M
#5
PA
73 loans
$7.4M

Top SBA Lenders for Other Individual and Family Services

These banks have funded the most SBA loans for other individual and family services businesses (NAICS 624190). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)182$23.7M
2The Huntington National Bank(OH)143$25.4M
3JPMorgan Chase Bank, National Association(OH)114$13.0M
4U.S. Bank, National Association(OH)107$8.8M
5Manufacturers and Traders Trust Company(NY)53$3.8M

Ready to Fund Your Other Individual and Family Services Business?

PeerSense places SBA loans for other individual and family services 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 Individual and Family Services 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 Individual and Family Services Businesses?

Across all SBA loan programs, 1,767 loans have been approved for businesses classified under NAICS 624190 (Other Individual and Family Services), representing $311.0M in total capital deployed. The average approved loan of $176K is 48% below avg the national SBA average of $340K, with typical repayment terms of 127 months.

SBA lending for other individual and family services has remained relatively stable across recent fiscal years. 327 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

The industry sees a balanced mix of SBA programs, with 8% 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 individual and family services 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. No retainers.

Frequently Asked Questions — Other Individual and Family Services SBA Loans

What is the average SBA loan size for other individual and family services businesses?
Based on 1,767 approved SBA loans, the average loan size for other individual and family services (NAICS 624190) is $176K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a other individual and family services business?
SBA 7(a) is the most commonly used SBA program for other individual and family services businesses. The most widely used SBA program for other individual and family services businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for other individual and family services?
327 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 individual and family services sector.
What states have the most SBA lending for other individual and family services?
CA leads with 215 SBA loans and $44.3M in total volume for other individual and family services businesses. TX, OH, NY also show strong lending activity in this sector.
How does PeerSense help other individual and family services 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 individual and family services 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 Individual and Family Services defined by NAICS code 624190. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.