How Much Can Services for the Elderly and Persons with Disabilities Businesses Get in SBA Loans?
2,594 SBA loans totaling $1.1B have been approved for services for the elderly and persons with disabilities businesses (NAICS 624120). The average approved SBA loan is $423K, which is 24% above avg the $340K national average. 465 active lenders fund this industry with a 12.4% default rate on the matured 2018-2021 loan cohort.
At 12.4%, Services for the Elderly and Persons with Disabilities sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate 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 624120 (Services for the Elderly and Persons with Disabilities) received 2,594 SBA loans worth $1.1B across 5+ states. Average loan $423K, average term 140 months, 12.4% default rate (resolved-loan basis).465 active SBA-approved lenders fund this industry. Most services for the elderly and persons with disabilities loans use the SBA 7(a) program. There are approximately 41,626 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Services for the Elderly and Persons with Disabilities?+30% growth
Which SBA Program Do Services for the Elderly and Persons with Disabilities Businesses Use Most?
What Is the Best SBA Loan for Services for the Elderly and Persons with Disabilities?
The most widely used SBA program for services for the elderly and persons with disabilities businesses — flexible terms, multiple use cases
Where Are Services for the Elderly and Persons with Disabilities SBA Loans Most Common?
Top SBA Lenders for Services for the Elderly and Persons with Disabilities
These banks have funded the most SBA loans for services for the elderly and persons with disabilities businesses (NAICS 624120). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | United Midwest Savings Bank National Association(OH) | 201 | $28.5M |
| 2 | Live Oak Banking Company(NC) | 164 | $173.7M |
| 3 | The Huntington National Bank(OH) | 134 | $26.2M |
| 4 | Wells Fargo Bank National Association(SD) | 131 | $48.2M |
| 5 | U.S. Bank, National Association(OH) | 104 | $28.3M |
Services for the Elderly and Persons with Disabilities Industry Context
Ready to Fund Your Services for the Elderly and Persons with Disabilities Business?
PeerSense places SBA loans for services for the elderly and persons with disabilities 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 Services for the Elderly and Persons with Disabilities Businesses?
Across all SBA loan programs, 2,594 loans have been approved for businesses classified under NAICS 624120 (Services for the Elderly and Persons with Disabilities), representing $1.1B in total capital deployed. The average approved loan of $423K is 24% above avg the national SBA average of $340K, with typical repayment terms of 140 months.
SBA lending for services for the elderly and persons with disabilities is accelerating — loan volume has grown approximately 30% 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 9% 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 services for the elderly and persons with disabilities 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 — Services for the Elderly and Persons with Disabilities SBA Loans
What is the average SBA loan size for services for the elderly and persons with disabilities businesses?
Which SBA loan program is best for a services for the elderly and persons with disabilities business?
How many lenders fund SBA loans for services for the elderly and persons with disabilities?
What states have the most SBA lending for services for the elderly and persons with disabilities?
How does PeerSense help services for the elderly and persons with disabilities businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Services for the Elderly and Persons with Disabilities defined by NAICS code 624120. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.