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NAICS 314910ManufacturingFY2027 Fee WaiversLending Growing

How Much Can Textile Bag and Canvas Mills Businesses Get in SBA Loans?

100 SBA loans totaling $57.1M have been approved for textile bag and canvas mills businesses (NAICS 314910). The average approved SBA loan is $571K, which is 68% above avg the $340K national average. 54 active lenders fund this industry.

Quick Answer

NAICS 314910 (Textile Bag and Canvas Mills) received 100 SBA loans worth $57.1M across 5+ states. Average loan $571K, average term 151 months.54 active SBA approved lenders fund this industry.Manufacturers in NAICS 31 to 33 qualify for FY2027 SBA fee terms and can access the MARC revolving credit program. There are approximately 1,389 U.S. establishments in this industry (Census 2022).

100
Total SBA Loans
$57.1M
Total Volume
$571K
Avg Loan Size
68% above avg
54
Active Lenders
151 mo
Avg Term
16% above avg
1,168
Jobs Supported

Is SBA Lending Growing for Textile Bag and Canvas Mills?+20% growth

11
11
8
4
3
12
7
5
5
6
16
17
18
19
20
21
22
23
24
25
$5.8M
$3.1M
$527K
$530K
$1.3M
$12.8M
$7.5M
$5.7M
$1.0M
$8.1M

FY2027 Manufacturing Fee Waivers Active

The SBA has waived both 504 fees for manufacturers in NAICS 31 to 33 through September 30, 2027:

$0 Fees

504 loans: all guaranty fees waived for manufacturing

$0 Fees

7(a) loans of $700,000 or less: 0% upfront fee for manufacturers

$5M MARC

Revolving credit line: manufacturers only, launched 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 Textile Bag and Canvas Mills Businesses Use Most?

SBA 7(a)89 (89%)
SBA 50411 (11%)

What Is the Best SBA Loan for Textile Bag and Canvas Mills?

SBA 7(a)

Versatile funding for working capital, equipment, and expansion. 7(a) upfront fee is 0% for qualifying manufacturers on loans of $700,000 or less in FY2027

Industry avg loan: $571K
Typical term: 151 months
Historical avg rate: 7.13%
54+ lenders active in this industry

Where Are Textile Bag and Canvas Mills SBA Loans Most Common?

#1
CA
17 loans
$12.7M
#2
FL
13 loans
$7.0M
#3
NJ
8 loans
$3.7M
#4
MN
6 loans
$2.6M
#5
WI
5 loans
$850K

SBA Lending Activity in Textile Bag and Canvas Mills

54 SBA lenders have funded 100 loans to textile bag and canvas mills businesses (NAICS 314910). 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
100
Active lenders
54
Total volume
$57.1M
Avg loan size
$571K

Textile Bag and Canvas Mills Industry Context

U.S. Establishments
1,389
U.S. Census Bureau · 2022
U.S. Employment
12,573,000
BLS · 2026
SBA Penetration
7.20%
SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for textile bag and canvas mills businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense about financing a Textile Bag and Canvas Mills 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

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

How Does SBA Lending Work for Textile Bag and Canvas Mills Businesses?

Across all SBA loan programs, 100 loans have been approved for businesses classified under NAICS 314910 (Textile Bag and Canvas Mills), representing $57.1M in total capital deployed. The average approved loan of $571K is 68% above avg the national SBA average of $340K, with typical repayment terms of 151 months.

SBA lending for textile bag and canvas mills is accelerating. Loan volume has grown approximately 20% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2021.

The industry sees a balanced mix of SBA programs, with 11% 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.

As a manufacturing business under NAICS 31 to 33, you qualify for FY2027 SBA fee terms through September 30, 2027. For manufacturers, the SBA has waived the 504 upfront guaranty fee and annual service fee, and the 7(a) upfront fee is 0% on loans of $700,000 or less. 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: Textile Bag and Canvas Mills SBA Loans

What is the average SBA loan size for textile bag and canvas mills businesses?
Based on 100 approved SBA loans, the average loan size for textile bag and canvas mills (NAICS 314910) is $571K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a textile bag and canvas mills business?
SBA 7(a) is the most commonly used SBA program for textile bag and canvas mills businesses. Versatile funding for working capital, equipment, and expansion. 7(a) upfront fee is 0% for qualifying manufacturers on loans of $700,000 or less in FY2027. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for textile bag and canvas mills?
54 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 textile bag and canvas mills file.
Are there SBA fee waivers for manufacturing businesses in 2026?
Yes. In FY2027, the SBA has waived both 504 fees for manufacturers, including debt refinance with or without expansion. The upfront 7(a) fee is also 0% for manufacturers on loans of $700,000 or less. The MARC program offers revolving credit up to $5M for manufacturers.
How does PeerSense help textile bag and canvas mills businesses get SBA loans?
PeerSense is a capital advisory firm. Talk to PeerSense about a textile bag and canvas mills file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Data aggregated from SBA loan records (1992 to 2025). Textile Bag and Canvas Mills defined by NAICS code 314910. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.