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NAICS 332410ManufacturingFY2026 Fee WaiversLending Growing

How Much Can Power Boiler and Heat Exchanger Manufacturing Businesses Get in SBA Loans?

66 SBA loans totaling $38.8M have been approved for power boiler and heat exchanger manufacturing businesses (NAICS 332410). The average approved SBA loan is $588K, which is 73% above avg the $340K national average. 39 active lenders fund this industry with a 3.0% historical default rate.

Quick Answer

NAICS 332410 (Power Boiler and Heat Exchanger Manufacturing) received 66 SBA loans worth $38.8M across 5+ states. Average loan $588K, average term 133 months, default rate 3.0%.39 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 258 U.S. establishments in this industry (Census 2022).

66
Total SBA Loans
$38.8M
Total Volume
$588K
Avg Loan Size
73% above avg
39
Active Lenders
133 mo
Avg Term
near national avg
1,361
Jobs Supported

Is SBA Lending Growing for Power Boiler and Heat Exchanger Manufacturing?+200% growth

4
3
1
1
1
2
4
6
16
18
20
21
22
23
24
25
$4.1M
$1.0M
$211K
$1.8M
$57K
$2.0M
$2.0M
$3.2M

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 Power Boiler and Heat Exchanger Manufacturing Businesses Use Most?

SBA 7(a)53 (80%)
SBA 50413 (20%)

What Is the Best SBA Loan for Power Boiler and Heat Exchanger Manufacturing?

SBA 504

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

Industry avg loan: $588K
Typical term: 133 months
Historical avg rate: 6.82%
39+ lenders active in this industry
Historical default rate: 3.0%

Where Are Power Boiler and Heat Exchanger Manufacturing SBA Loans Most Common?

#1
PA
8 loans
$5.9M
#2
TX
7 loans
$6.1M
#3
NY
7 loans
$3.7M
#4
CA
7 loans
$2.9M
#5
OK
6 loans
$6.7M

Top SBA Lenders for Power Boiler and Heat Exchanger Manufacturing

These banks have funded the most SBA loans for power boiler and heat exchanger manufacturing businesses (NAICS 332410). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Frontier Bank(NE)3$250K
2U.S. Bank, National Association(OH)3$932K
3Flushing Bank(NY)3$650K
4STAR Financial Bank(IN)3$500K
5First American Bank(IL)3$1.4M

Power Boiler and Heat Exchanger Manufacturing Industry Context

U.S. Establishments
258
U.S. Census Bureau · 2022
SBA Penetration
25.58%
SBA loans per establishment

Ready to Fund Your Power Boiler and Heat Exchanger Manufacturing Business?

PeerSense places SBA loans for power boiler and heat exchanger manufacturing 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

How Does SBA Lending Work for Power Boiler and Heat Exchanger Manufacturing Businesses?

Across all SBA loan programs, 66 loans have been approved for businesses classified under NAICS 332410 (Power Boiler and Heat Exchanger Manufacturing), representing $38.8M in total capital deployed. The average approved loan of $588K is 73% above avg the national SBA average of $340K, with typical repayment terms of 133 months.

SBA lending for power boiler and heat exchanger manufacturing is accelerating — loan volume has grown approximately 200% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

The industry sees a balanced mix of SBA programs, with 20% 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 — Power Boiler and Heat Exchanger Manufacturing SBA Loans

What is the average SBA loan size for power boiler and heat exchanger manufacturing businesses?
Based on 66 approved SBA loans, the average loan size for power boiler and heat exchanger manufacturing (NAICS 332410) is $588K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a power boiler and heat exchanger manufacturing business?
SBA 504 is the most commonly used SBA program for power boiler and heat exchanger manufacturing 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 power boiler and heat exchanger manufacturing?
39 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 power boiler and heat exchanger manufacturing 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 power boiler and heat exchanger manufacturing 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 power boiler and heat exchanger manufacturing industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Power Boiler and Heat Exchanger Manufacturing defined by NAICS code 332410. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.