How Much Can Yarn Spinning Mills Businesses Get in SBA Loans?
73 SBA loans totaling $22.8M have been approved for yarn spinning mills businesses (NAICS 313111). The average approved SBA loan is $312K, which is 8% below avg the $340K national average. 42 active lenders fund this industry.
NAICS 313111 (Yarn Spinning Mills) received 73 SBA loans worth $22.8M across 5+ states. Average loan $312K, average term 107 months.42 active SBA-approved lenders fund this industry. Manufacturers (NAICS 31-33) qualify for FY2026 SBA fee waivers and the new MARC revolving credit program.
FY2026 Manufacturing Fee Waivers Active
The SBA has waived guaranty fees for manufacturers (NAICS 31-33) through September 30, 2026:
504 loans — all guaranty fees waived for manufacturing
7(a) loans up to $950K — guaranty fee waived
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 Yarn Spinning Mills Businesses Use Most?
What Is the Best SBA Loan for Yarn Spinning Mills?
Versatile funding for working capital, equipment, and expansion — guaranty fee waiver on loans up to $950K in FY2026
Where Are Yarn Spinning Mills SBA Loans Most Common?
Top SBA Lenders for Yarn Spinning Mills
These banks have funded the most SBA loans for yarn spinning mills businesses (NAICS 313111). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 10 | $4.5M |
| 2 | Bank of Hope(CA) | 8 | $3.1M |
| 3 | Wells Fargo Bank National Association(SD) | 5 | $451K |
| 4 | National Credit Union Administration(VA) | 3 | $435K |
| 5 | The Huntington National Bank(OH) | 3 | $55K |
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How Does SBA Lending Work for Yarn Spinning Mills Businesses?
Across all SBA loan programs, 73 loans have been approved for businesses classified under NAICS 313111 (Yarn Spinning Mills), representing $22.8M in total capital deployed. The average approved loan of $312K is 8% below avg the national SBA average of $340K, with typical repayment terms of 107 months.
SBA lending for yarn spinning mills has remained relatively stable across recent fiscal years. 42 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
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 — Yarn Spinning Mills SBA Loans
What is the average SBA loan size for yarn spinning mills businesses?
Which SBA loan program is best for a yarn spinning mills business?
How many lenders fund SBA loans for yarn spinning mills?
Are there SBA fee waivers for manufacturing businesses in 2026?
How does PeerSense help yarn spinning mills businesses get SBA loans?
Related Manufacturing Industries
Data aggregated from SBA loan records (1992–2025). Yarn Spinning Mills defined by NAICS code 313111. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.