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NAICS 311221ManufacturingFY2026 Fee Waivers

How Much Can Wet Corn Milling Businesses Get in SBA Loans?

10 SBA loans totaling $5.1M have been approved for wet corn milling businesses (NAICS 311221). The average approved SBA loan is $514K, which is 51% above avg the $340K national average. 7 active lenders fund this industry.

Quick Answer

NAICS 311221 (Wet Corn Milling) received 10 SBA loans worth $5.1M across 5+ states. Average loan $514K, average term 99 months.7 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 70 U.S. establishments in this industry (Census 2022).

10
Total SBA Loans
$5.1M
Total Volume
$514K
Avg Loan Size
51% above avg
7
Active Lenders
99 mo
Avg Term
24% below avg
91
Jobs Supported

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 Wet Corn Milling Businesses Use Most?

SBA 7(a)10 (100%)

What Is the Best SBA Loan for Wet Corn Milling?

SBA 7(a)

Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026

Industry avg loan: $514K
Typical term: 99 months
Historical avg rate: 5.88%
7+ lenders active in this industry

Where Are Wet Corn Milling SBA Loans Most Common?

#1
TX
3 loans
$3.1M
#2
ME
2 loans
$750K
#3
NY
1 loans
$100K
#4
IL
1 loans
$75K
#5
ID
1 loans
$125K

Top SBA Lenders for Wet Corn Milling

These banks have funded the most SBA loans for wet corn milling businesses (NAICS 311221). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1The First National Bank of Ballinger(TX)3$3.1M
2Katahdin Trust Company(ME)2$750K
3JPMorgan Chase Bank, National Association(OH)1$100K
4Banner Bank(WA)1$125K
5VelocitySBA, LLC(TX)1$13K

Wet Corn Milling Industry Context

U.S. Establishments
70
U.S. Census Bureau · 2022
SBA Penetration
14.29%
SBA loans per establishment

Ready to Fund Your Wet Corn Milling Business?

PeerSense places SBA loans for wet corn milling 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 Wet Corn Milling 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 Wet Corn Milling Businesses?

Across all SBA loan programs, 10 loans have been approved for businesses classified under NAICS 311221 (Wet Corn Milling), representing $5.1M in total capital deployed. The average approved loan of $514K is 51% above avg the national SBA average of $340K, with typical repayment terms of 99 months.

SBA lending for wet corn milling has remained relatively stable across recent fiscal years. 7 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

The overwhelming majority of SBA lending for wet corn milling 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.

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 — Wet Corn Milling SBA Loans

What is the average SBA loan size for wet corn milling businesses?
Based on 10 approved SBA loans, the average loan size for wet corn milling (NAICS 311221) is $514K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a wet corn milling business?
SBA 7(a) is the most commonly used SBA program for wet corn milling 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 wet corn milling?
7 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 wet corn milling 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 wet corn milling 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 wet corn milling industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Wet Corn Milling defined by NAICS code 311221. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.