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NAICS 314910ManufacturingFY2026 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 (NAICS 31-33) qualify for FY2026 SBA fee waivers and the new 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

FY2026 Manufacturing Fee Waivers Active

The SBA has waived guaranty fees for manufacturers (NAICS 31-33) through September 30, 2026:

$0 Fees

504 loans — all guaranty fees waived for manufacturing

$0 Fees

7(a) loans up to $950K — guaranty fee waived

$5M MARC

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 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 — guaranty fee waiver on loans up to $950K in FY2026

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

Top SBA Lenders for Textile Bag and Canvas Mills

These banks have funded the most SBA loans for textile bag and canvas mills businesses (NAICS 314910). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)10$6.3M
2TD Bank, National Association(DE)7$1.8M
3The Huntington National Bank(OH)6$3.5M
4JPMorgan Chase Bank, National Association(OH)4$260K
5KeyBank National Association(OH)4$2.8M

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

Ready to Fund Your Textile Bag and Canvas Mills Business?

PeerSense places SBA loans for textile bag and canvas mills businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Textile Bag and Canvas Mills business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee 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 31-33, 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 — 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 — guaranty fee waiver on loans up to $950K in FY2026. 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 — PeerSense matches your deal with lenders who have experience and appetite in the textile bag and canvas mills sector.
Are there SBA fee waivers for manufacturing businesses in 2026?
Yes. Through September 30, 2026, the SBA has waived guaranty fees on all 504 loans and on 7(a) loans up to $950,000 for manufacturers (NAICS 31-33). This can save borrowers thousands in upfront costs. The MARC program also offers revolving credit up to $5M exclusively for manufacturers.
How does PeerSense help textile bag and canvas mills businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the textile bag and canvas mills industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Textile Bag and Canvas Mills defined by NAICS code 314910. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.