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NAICS 221310UtilitiesLending Growing

How Much Can Water Supply and Irrigation Systems Businesses Get in SBA Loans?

961 SBA loans totaling $255.3M have been approved for water supply and irrigation systems businesses (NAICS 221310). The average approved SBA loan is $266K, which is 22% below avg the $340K national average. 307 active lenders fund this industry with a 13.3% default rate on the matured 2018-2021 loan cohort.

Moderate default risk13.3% vs 15.4% all-industry avg

At 13.3%, Water Supply and Irrigation Systems 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.

Quick Answer

NAICS 221310 (Water Supply and Irrigation Systems) received 961 SBA loans worth $255.3M across 5+ states. Average loan $266K, average term 108 months, 13.3% default rate (resolved-loan basis).307 active SBA-approved lenders fund this industry. Most water supply and irrigation systems loans use the SBA 7(a) program. There are approximately 4,430 U.S. establishments in this industry (Census 2022).

961
Total SBA Loans
$255.3M
Total Volume
$266K
Avg Loan Size
22% below avg
307
Active Lenders
108 mo
Avg Term
17% below avg
5,961
Jobs Supported

Is SBA Lending Growing for Water Supply and Irrigation Systems?+77% growth

32
23
37
21
37
51
40
31
43
55
16
17
18
19
20
21
22
23
24
25
$5.7M
$3.1M
$8.8M
$6.7M
$16.9M
$31.7M
$16.5M
$11.9M
$22.3M
$25.6M

Which SBA Program Do Water Supply and Irrigation Systems Businesses Use Most?

SBA 7(a)915 (95%)
SBA 50446 (5%)

What Is the Best SBA Loan for Water Supply and Irrigation Systems?

SBA 7(a)

The most widely used SBA program for water supply and irrigation systems businesses — flexible terms, multiple use cases

Industry avg loan: $266K
Typical term: 108 months
Historical avg rate: 7.46%
307+ lenders active in this industry
Default rate (2018–21 matured cohort): 13.3%

Where Are Water Supply and Irrigation Systems SBA Loans Most Common?

#1
TX
114 loans
$29.8M
#2
CA
105 loans
$31.8M
#3
FL
71 loans
$28.6M
#4
OH
37 loans
$6.2M
#5
PA
36 loans
$13.2M

Top SBA Lenders for Water Supply and Irrigation Systems

These banks have funded the most SBA loans for water supply and irrigation systems businesses (NAICS 221310). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Wells Fargo Bank National Association(SD)64$6.5M
2The Huntington National Bank(OH)39$5.9M
3Bank of America, National Association(NC)37$1.5M
4U.S. Bank, National Association(OH)35$6.7M
5PNC Bank, National Association(DE)34$3.0M

Water Supply and Irrigation Systems Industry Context

U.S. Establishments
4,430
U.S. Census Bureau · 2022
U.S. Employment
28,615,000
BLS · 2026
SBA Penetration
21.69%
SBA loans per establishment

Ready to Fund Your Water Supply and Irrigation Systems Business?

PeerSense places SBA loans for water supply and irrigation systems 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 Water Supply and Irrigation Systems 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 Water Supply and Irrigation Systems Businesses?

Across all SBA loan programs, 961 loans have been approved for businesses classified under NAICS 221310 (Water Supply and Irrigation Systems), representing $255.3M in total capital deployed. The average approved loan of $266K is 22% below avg the national SBA average of $340K, with typical repayment terms of 108 months.

SBA lending for water supply and irrigation systems is accelerating — loan volume has grown approximately 77% 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 overwhelming majority of SBA lending for water supply and irrigation systems uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

PeerSense specializes in matching water supply and irrigation systems 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 — Water Supply and Irrigation Systems SBA Loans

What is the average SBA loan size for water supply and irrigation systems businesses?
Based on 961 approved SBA loans, the average loan size for water supply and irrigation systems (NAICS 221310) is $266K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a water supply and irrigation systems business?
SBA 7(a) is the most commonly used SBA program for water supply and irrigation systems businesses. The most widely used SBA program for water supply and irrigation systems businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for water supply and irrigation systems?
307 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 water supply and irrigation systems sector.
What states have the most SBA lending for water supply and irrigation systems?
TX leads with 114 SBA loans and $29.8M in total volume for water supply and irrigation systems businesses. CA, FL, OH also show strong lending activity in this sector.
How does PeerSense help water supply and irrigation systems 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 water supply and irrigation systems industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Water Supply and Irrigation Systems defined by NAICS code 221310. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.