How Much Can Residential Mental Health and Substance Abuse Facilities Businesses Get in SBA Loans?
666 SBA loans totaling $509.1M have been approved for residential mental health and substance abuse facilities businesses (NAICS 623220). The average approved SBA loan is $764K, which is 124% above avg the $340K national average. 215 active lenders fund this industry with a 5.9% default rate on the matured 2018-2021 loan cohort.
At 5.9%, Residential Mental Health and Substance Abuse Facilities sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low 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 623220 (Residential Mental Health and Substance Abuse Facilities) received 666 SBA loans worth $509.1M across 5+ states. Average loan $764K, average term 200 months, 5.9% default rate (resolved-loan basis).215 active SBA-approved lenders fund this industry. Most residential mental health and substance abuse facilities loans use the SBA 504 program. There are approximately 8,667 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Residential Mental Health and Substance Abuse Facilities?+109% growth
Which SBA Program Do Residential Mental Health and Substance Abuse Facilities Businesses Use Most?
What Is the Best SBA Loan for Residential Mental Health and Substance Abuse Facilities?
26% of residential mental health and substance abuse facilities loans use this program — ideal for real estate and major equipment purchases
Where Are Residential Mental Health and Substance Abuse Facilities SBA Loans Most Common?
Top SBA Lenders for Residential Mental Health and Substance Abuse Facilities
These banks have funded the most SBA loans for residential mental health and substance abuse facilities businesses (NAICS 623220). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 58 | $28.4M |
| 2 | The Huntington National Bank(OH) | 31 | $5.7M |
| 3 | Mountain West Small Business F(UT) | 30 | $22.7M |
| 4 | Live Oak Banking Company(NC) | 20 | $28.9M |
| 5 | U.S. Bank, National Association(OH) | 15 | $5.4M |
Residential Mental Health and Substance Abuse Facilities Industry Context
Ready to Fund Your Residential Mental Health and Substance Abuse Facilities Business?
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How Does SBA Lending Work for Residential Mental Health and Substance Abuse Facilities Businesses?
Across all SBA loan programs, 666 loans have been approved for businesses classified under NAICS 623220 (Residential Mental Health and Substance Abuse Facilities), representing $509.1M in total capital deployed. The average approved loan of $764K is 124% above avg the national SBA average of $340K, with typical repayment terms of 200 months.
SBA lending for residential mental health and substance abuse facilities is accelerating — loan volume has grown approximately 109% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.
Notably, 26% of SBA loans in this industry use the 504 program — well above the national average — indicating that residential mental health and substance abuse facilities 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.
PeerSense specializes in matching residential mental health and substance abuse facilities 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 — Residential Mental Health and Substance Abuse Facilities SBA Loans
What is the average SBA loan size for residential mental health and substance abuse facilities businesses?
Which SBA loan program is best for a residential mental health and substance abuse facilities business?
How many lenders fund SBA loans for residential mental health and substance abuse facilities?
What states have the most SBA lending for residential mental health and substance abuse facilities?
How does PeerSense help residential mental health and substance abuse facilities businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Residential Mental Health and Substance Abuse Facilities defined by NAICS code 623220. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.