How Much Can Rolled Steel Shape Manufacturing Businesses Get in SBA Loans?
240 SBA loans totaling $140.8M have been approved for rolled steel shape manufacturing businesses (NAICS 331221). The average approved SBA loan is $587K, which is 72% above avg the $340K national average. 113 active lenders fund this industry with a 6.8% default rate on the matured 2018-2021 loan cohort.
At 6.8%, Rolled Steel Shape Manufacturing 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 331221 (Rolled Steel Shape Manufacturing) received 240 SBA loans worth $140.8M across 5+ states. Average loan $587K, average term 148 months, 6.8% default rate (resolved-loan basis).113 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 230 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Rolled Steel Shape Manufacturing?-33% decline
FY2026 Manufacturing Fee Waivers Active
The SBA has waived guaranty fees for manufacturers (NAICS 31-33) through September 30, 2026:
504 loans — all guaranty fees waived for manufacturing
7(a) loans up to $950K — guaranty fee waived
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 Rolled Steel Shape Manufacturing Businesses Use Most?
What Is the Best SBA Loan for Rolled Steel Shape Manufacturing?
Most popular for manufacturing equipment and real estate — with 0% guaranty fees in FY2026
Where Are Rolled Steel Shape Manufacturing SBA Loans Most Common?
Top SBA Lenders for Rolled Steel Shape Manufacturing
These banks have funded the most SBA loans for rolled steel shape manufacturing businesses (NAICS 331221). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | The Huntington National Bank(OH) | 32 | $16.1M |
| 2 | U.S. Bank, National Association(OH) | 10 | $2.8M |
| 3 | Citizens Bank, National Association(RI) | 7 | $775K |
| 4 | Bank of America, National Association(NC) | 6 | $540K |
| 5 | Zions Bank, A Division of(UT) | 6 | $3.1M |
Rolled Steel Shape Manufacturing Industry Context
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How Does SBA Lending Work for Rolled Steel Shape Manufacturing Businesses?
Across all SBA loan programs, 240 loans have been approved for businesses classified under NAICS 331221 (Rolled Steel Shape Manufacturing), representing $140.8M in total capital deployed. The average approved loan of $587K is 72% above avg the national SBA average of $340K, with typical repayment terms of 148 months.
SBA lending for rolled steel shape manufacturing has contracted approximately 33% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 113 lenders remain active, maintaining competitive options for qualified borrowers.
Notably, 20% of SBA loans in this industry use the 504 program — well above the national average — indicating that rolled steel shape manufacturing 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 — Rolled Steel Shape Manufacturing SBA Loans
What is the average SBA loan size for rolled steel shape manufacturing businesses?
Which SBA loan program is best for a rolled steel shape manufacturing business?
How many lenders fund SBA loans for rolled steel shape manufacturing?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help rolled steel shape manufacturing businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Rolled Steel Shape Manufacturing defined by NAICS code 331221. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.