Which SBA program is best for Services for the Elderly and Persons with Disabilities?

The SBA 7(a) program is the most commonly used for Services for the Elderly and Persons with Disabilities businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 624120Healthcare & Social ServicesLending Growing

How Much Can Services for the Elderly and Persons with Disabilities Businesses Get in SBA Loans?

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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.

Moderate default risk12.4% vs 15.4% all industry avg

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. The capital source prices this risk into rate and structure.

Quick Answer

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).

2,594

Total SBA Loans

$1.1B

Total Volume

$423K

Avg Loan Size

24% above avg

465

Active Lenders

140 mo

Avg Term

8% above avg

61,749

Jobs Supported

Is SBA Lending Growing for Services for the Elderly and Persons with Disabilities?+30% growth

119

112

127

123

107

122

144

177

228

230

$47.4M

$57.0M

$37.0M

$68.0M

$43.4M

$98.9M

$110.1M

$109.9M

$117.2M

$129.3M

Which SBA Program Do Services for the Elderly and Persons with Disabilities Businesses Use Most?

SBA 7(a)2,351 (91%)

SBA 504243 (9%)

What Is the Best SBA Loan for Services for the Elderly and Persons with Disabilities?

SBA 7(a)

The most widely used SBA program for services for the elderly and persons with disabilities businesses: flexible terms, multiple use cases

Industry avg loan: $423K

Typical term: 140 months

Historical avg rate: 7.89%

465+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 12.4%

Where Are Services for the Elderly and Persons with Disabilities SBA Loans Most Common?

429 loans

$295.5M

215 loans

$91.2M

164 loans

$38.0M

154 loans

$58.6M

120 loans

$41.8M

SBA Lending Activity in Services for the Elderly and Persons with Disabilities

465 SBA lenders have funded 2,594 loans to services for the elderly and persons with disabilities businesses (NAICS 624120). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

2,594

Active lenders

465

Total volume

$1.1B

Avg loan size

$423K

Browse all SBA lenders

Services for the Elderly and Persons with Disabilities Industry Context

U.S. Establishments

41,626

U.S. Census Bureau · 2022

SBA Penetration

6.23%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for services for the elderly and persons with disabilities businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Services for the Elderly and Persons with Disabilities business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

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.

Talk to PeerSense about a services for the elderly and persons with disabilities file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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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?

Based on 2,594 approved SBA loans, the average loan size for services for the elderly and persons with disabilities (NAICS 624120) is $423K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a services for the elderly and persons with disabilities business?

SBA 7(a) is the most commonly used SBA program for services for the elderly and persons with disabilities businesses. The most widely used SBA program for services for the elderly and persons with disabilities businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for services for the elderly and persons with disabilities?

465 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a services for the elderly and persons with disabilities file.

What states have the most SBA lending for services for the elderly and persons with disabilities?

CA leads with 429 SBA loans and $295.5M in total volume for services for the elderly and persons with disabilities businesses. TX, OH, FL also show strong lending activity in this sector.

How does PeerSense help services for the elderly and persons with disabilities businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a services for the elderly and persons with disabilities file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Healthcare & Social Services Industries

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Avg: $468K

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29,236 loans · N/A

Avg: $529K

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25,641 loans · N/A

Avg: $452K

Offices of Chiropractors

20,511 loans · N/A

Avg: $166K

Home Health Care Services

9,391 loans · N/A

Avg: $355K

Offices of Physical, Occupational and Speech Therapists, and Audiologi

8,088 loans · N/A

Avg: $256K

Data aggregated from SBA loan records (1992 to 2025). Services for the Elderly and Persons with Disabilities defined by NAICS code 624120. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.