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NAICS 321918ManufacturingFY2026 Fee WaiversLending Growing

How Much Can Other Millwork (including Flooring) Businesses Get in SBA Loans?

835 SBA loans totaling $400.7M have been approved for other millwork (including flooring) businesses (NAICS 321918). The average approved SBA loan is $480K, which is 41% above avg the $340K national average. 273 active lenders fund this industry with a 17.9% default rate on the matured 2018-2021 loan cohort.

Above average default risk17.9% vs 15.4% all-industry avg

At 17.9%, Other Millwork (including Flooring) 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 321918 (Other Millwork (including Flooring)) received 835 SBA loans worth $400.7M across 5+ states. Average loan $480K, average term 129 months, 17.9% default rate (resolved-loan basis).273 active SBA-approved lenders fund this industry. Manufacturers (NAICS 31-33) qualify for FY2026 SBA fee waivers and the new MARC revolving credit program. There are approximately 1,516 U.S. establishments in this industry (Census 2022).

835
Total SBA Loans
$400.7M
Total Volume
$480K
Avg Loan Size
41% above avg
273
Active Lenders
129 mo
Avg Term
near national avg
14,210
Jobs Supported

Is SBA Lending Growing for Other Millwork (including Flooring)?+27% growth

36
28
24
17
11
23
17
15
16
19
16
17
18
19
20
21
22
23
24
25
$21.6M
$18.4M
$16.3M
$13.3M
$8.9M
$19.9M
$12.7M
$11.4M
$11.9M
$29.0M

FY2026 Manufacturing Fee Waivers Active

The SBA has waived guaranty fees for manufacturers (NAICS 31-33) through September 30, 2026:

$0 Fees

504 loans — all guaranty fees waived for manufacturing

$0 Fees

7(a) loans up to $950K — guaranty fee waived

$5M MARC

Revolving credit line — manufacturers only (new 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 Other Millwork (including Flooring) Businesses Use Most?

SBA 7(a)680 (81%)
SBA 504155 (19%)

What Is the Best SBA Loan for Other Millwork (including Flooring)?

SBA 504

Most popular for manufacturing equipment and real estate — with 0% guaranty fees in FY2026

Industry avg loan: $480K
Typical term: 129 months
Historical avg rate: 6.55%
273+ lenders active in this industry
Default rate (2018–21 matured cohort): 17.9%

Where Are Other Millwork (including Flooring) SBA Loans Most Common?

#1
CA
79 loans
$44.3M
#2
WI
76 loans
$49.3M
#3
NY
50 loans
$11.7M
#4
TX
49 loans
$25.9M
#5
FL
43 loans
$14.7M

Top SBA Lenders for Other Millwork (including Flooring)

These banks have funded the most SBA loans for other millwork (including flooring) businesses (NAICS 321918). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1JPMorgan Chase Bank, National Association(OH)29$7.0M
2Wells Fargo Bank National Association(SD)28$15.3M
3PNC Bank, National Association(DE)25$5.2M
4Bank of America, National Association(NC)25$1.4M
5U.S. Bank, National Association(OH)21$6.0M

Other Millwork (including Flooring) Industry Context

U.S. Establishments
1,516
U.S. Census Bureau · 2022
U.S. Employment
12,573,000
BLS · 2026
SBA Penetration
55.08%
SBA loans per establishment

Ready to Fund Your Other Millwork (including Flooring) Business?

PeerSense places SBA loans for other millwork (including flooring) 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 Millwork (including Flooring) 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 Millwork (including Flooring) Businesses?

Across all SBA loan programs, 835 loans have been approved for businesses classified under NAICS 321918 (Other Millwork (including Flooring)), representing $400.7M in total capital deployed. The average approved loan of $480K is 41% above avg the national SBA average of $340K, with typical repayment terms of 129 months.

SBA lending for other millwork (including flooring) is accelerating — loan volume has grown approximately 27% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2016.

The industry sees a balanced mix of SBA programs, with 19% 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 31-33, you qualify for enhanced SBA incentives through September 30, 2026. The SBA has fully waived guaranty fees on all 504 loans and on 7(a) loans up to $950,000 for manufacturers. 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 — Other Millwork (including Flooring) SBA Loans

What is the average SBA loan size for other millwork (including flooring) businesses?
Based on 835 approved SBA loans, the average loan size for other millwork (including flooring) (NAICS 321918) is $480K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a other millwork (including flooring) business?
SBA 504 is the most commonly used SBA program for other millwork (including flooring) businesses. Most popular for manufacturing equipment and real estate — with 0% guaranty fees in FY2026. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for other millwork (including flooring)?
273 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 millwork (including flooring) sector.
Are there SBA fee waivers for manufacturing businesses in 2026?
Yes. Through September 30, 2026, the SBA has waived guaranty fees on all 504 loans and on 7(a) loans up to $950,000 for manufacturers (NAICS 31-33). This can save borrowers thousands in upfront costs. The MARC program also offers revolving credit up to $5M exclusively for manufacturers.
How does PeerSense help other millwork (including flooring) 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 millwork (including flooring) 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 Millwork (including Flooring) defined by NAICS code 321918. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.