How Much Can Residential Mental Retardation Facilities Businesses Get in SBA Loans?
473 SBA loans totaling $271.8M have been approved for residential mental retardation facilities businesses (NAICS 623210). The average approved SBA loan is $575K, which is 69% above avg the $340K national average. 187 active lenders fund this industry with a 5.7% default rate on the matured 2018-2021 loan cohort.
At 5.7%, Residential Mental Retardation 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 623210 (Residential Mental Retardation Facilities) received 473 SBA loans worth $271.8M across 5+ states. Average loan $575K, average term 199 months, 5.7% default rate (resolved-loan basis).187 active SBA-approved lenders fund this industry. Most residential mental retardation facilities loans use the SBA 504 program. There are approximately 35,807 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Residential Mental Retardation Facilities?
Which SBA Program Do Residential Mental Retardation Facilities Businesses Use Most?
What Is the Best SBA Loan for Residential Mental Retardation Facilities?
17% of residential mental retardation facilities loans use this program — ideal for real estate and major equipment purchases
Where Are Residential Mental Retardation Facilities SBA Loans Most Common?
Top SBA Lenders for Residential Mental Retardation Facilities
These banks have funded the most SBA loans for residential mental retardation facilities businesses (NAICS 623210). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 30 | $10.9M |
| 2 | The Huntington National Bank(OH) | 22 | $2.3M |
| 3 | Peoples National Bank National Association(IL) | 11 | $11.3M |
| 4 | Johnson Bank(WI) | 10 | $1.3M |
| 5 | Columbia Bank(OR) | 9 | $4.6M |
Residential Mental Retardation Facilities Industry Context
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PeerSense places SBA loans for residential mental retardation facilities businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Residential Mental Retardation Facilities Businesses?
Across all SBA loan programs, 473 loans have been approved for businesses classified under NAICS 623210 (Residential Mental Retardation Facilities), representing $271.8M in total capital deployed. The average approved loan of $575K is 69% above avg the national SBA average of $340K, with typical repayment terms of 199 months.
SBA lending for residential mental retardation facilities has remained relatively stable across recent fiscal years. 187 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 17% 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 residential mental retardation 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 Retardation Facilities SBA Loans
What is the average SBA loan size for residential mental retardation facilities businesses?
Which SBA loan program is best for a residential mental retardation facilities business?
How many lenders fund SBA loans for residential mental retardation facilities?
What states have the most SBA lending for residential mental retardation facilities?
How does PeerSense help residential mental retardation facilities businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Residential Mental Retardation Facilities defined by NAICS code 623210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.