How Much Can Packing and Crating Businesses Get in SBA Loans?
630 SBA loans totaling $169.6M have been approved for packing and crating businesses (NAICS 488991). The average approved SBA loan is $269K, which is 21% below avg the $340K national average. 205 active lenders fund this industry with a 18.8% default rate on the matured 2018-2021 loan cohort.
At 18.8%, Packing and Crating 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.
NAICS 488991 (Packing and Crating) received 630 SBA loans worth $169.6M across 5+ states. Average loan $269K, average term 111 months, 18.8% default rate (resolved-loan basis).205 active SBA-approved lenders fund this industry. Most packing and crating loans use the SBA 7(a) program. There are approximately 1,599 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Packing and Crating?
Which SBA Program Do Packing and Crating Businesses Use Most?
What Is the Best SBA Loan for Packing and Crating?
The most widely used SBA program for packing and crating businesses — flexible terms, multiple use cases
Where Are Packing and Crating SBA Loans Most Common?
Top SBA Lenders for Packing and Crating
These banks have funded the most SBA loans for packing and crating businesses (NAICS 488991). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 40 | $9.5M |
| 2 | Bank of America, National Association(NC) | 36 | $4.6M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 35 | $5.5M |
| 4 | U.S. Bank, National Association(OH) | 30 | $11.4M |
| 5 | The Huntington National Bank(OH) | 26 | $3.3M |
Packing and Crating Industry Context
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How Does SBA Lending Work for Packing and Crating Businesses?
Across all SBA loan programs, 630 loans have been approved for businesses classified under NAICS 488991 (Packing and Crating), representing $169.6M in total capital deployed. The average approved loan of $269K is 21% below avg the national SBA average of $340K, with typical repayment terms of 111 months.
SBA lending for packing and crating has remained relatively stable across recent fiscal years. 205 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 packing and crating 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 — Packing and Crating SBA Loans
What is the average SBA loan size for packing and crating businesses?
Which SBA loan program is best for a packing and crating business?
How many lenders fund SBA loans for packing and crating?
What states have the most SBA lending for packing and crating?
How does PeerSense help packing and crating businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Packing and Crating defined by NAICS code 488991. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.