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NAICS 322121ManufacturingFY2026 Fee WaiversLending Growing

How Much Can Paper (except Newsprint) Mills Businesses Get in SBA Loans?

73 SBA loans totaling $47.7M have been approved for paper (except newsprint) mills businesses (NAICS 322121). The average approved SBA loan is $654K, which is 92% above avg the $340K national average. 46 active lenders fund this industry.

Quick Answer

NAICS 322121 (Paper (except Newsprint) Mills) received 73 SBA loans worth $47.7M across 5+ states. Average loan $654K, average term 118 months.46 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 189 U.S. establishments in this industry (Census 2022).

73
Total SBA Loans
$47.7M
Total Volume
$654K
Avg Loan Size
92% above avg
46
Active Lenders
118 mo
Avg Term
9% below avg
1,677
Jobs Supported

Is SBA Lending Growing for Paper (except Newsprint) Mills?+300% growth

1
1
1
4
16
17
19
21
$50K
$20K
$1.7M
$1.5M

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 Paper (except Newsprint) Mills Businesses Use Most?

SBA 7(a)58 (79%)
SBA 50415 (21%)

What Is the Best SBA Loan for Paper (except Newsprint) Mills?

SBA 504

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

Industry avg loan: $654K
Typical term: 118 months
Historical avg rate: 6.08%
46+ lenders active in this industry

Where Are Paper (except Newsprint) Mills SBA Loans Most Common?

#1
CA
10 loans
$8.2M
#2
FL
8 loans
$5.6M
#3
TX
6 loans
$4.4M
#4
PA
5 loans
$2.3M
#5
IL
4 loans
$2.8M

Top SBA Lenders for Paper (except Newsprint) Mills

These banks have funded the most SBA loans for paper (except newsprint) mills businesses (NAICS 322121). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)5$121K
2Bank of America, National Association(NC)5$196K
3JPMorgan Chase Bank, National Association(OH)4$756K
4PNC Bank, National Association(DE)3$1.0M
5TD Bank, National Association(DE)3$380K

Paper (except Newsprint) Mills Industry Context

U.S. Establishments
189
U.S. Census Bureau · 2022
SBA Penetration
38.62%
SBA loans per establishment

Ready to Fund Your Paper (except Newsprint) Mills Business?

PeerSense places SBA loans for paper (except newsprint) mills 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 Paper (except Newsprint) Mills 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 Paper (except Newsprint) Mills Businesses?

Across all SBA loan programs, 73 loans have been approved for businesses classified under NAICS 322121 (Paper (except Newsprint) Mills), representing $47.7M in total capital deployed. The average approved loan of $654K is 92% above avg the national SBA average of $340K, with typical repayment terms of 118 months.

SBA lending for paper (except newsprint) mills is accelerating — loan volume has grown approximately 300% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2021.

Notably, 21% of SBA loans in this industry use the 504 program — well above the national average — indicating that paper (except newsprint) mills 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.

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 — Paper (except Newsprint) Mills SBA Loans

What is the average SBA loan size for paper (except newsprint) mills businesses?
Based on 73 approved SBA loans, the average loan size for paper (except newsprint) mills (NAICS 322121) is $654K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a paper (except newsprint) mills business?
SBA 504 is the most commonly used SBA program for paper (except newsprint) mills 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 paper (except newsprint) mills?
46 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 paper (except newsprint) mills 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 paper (except newsprint) mills 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 paper (except newsprint) mills industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Paper (except Newsprint) Mills defined by NAICS code 322121. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.