SBA Loans for Fiber: Top Lenders & Recent Approvals
NAICS 313NAICS 313 covers fiber, yarn, and thread mills businesses. Based on historical SBA 7(a) lending data.
Total Approvals
17
for Fiber
Median Loan Size
$160,000
per approval
Recent Activity
2
last 90 days through Dec 2024
NAICS 313 covers fiber, yarn, and thread mills businesses. This is a smaller category in SBA 7(a) lending with 17 approvals on record and a median loan size of $160,000.
Key trends & insights
- SBA lending to fiber businesses grew 30% year-over-year — from 10 to 13 approvals.
- Total SBA dollars flowing into this industry increased by 113% year-over-year, reaching $10,999,700 in the trailing 12 months.
- Fiber SBA lending clusters in California (18%), Wisconsin (12%), Ohio (12%) — these three states represent 41% of all activity nationwide.
- The typical loan size for fiber has increased 58% — average median moving from $576,175 to $908,308.
- Fiber loans skew smaller than the SBA average at $160,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Lending trends for Fiber
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $160,000 | |
| 2 | 2 | $217,000 | |
| 3 | 2 | $100,000 | |
| 4 | 1 | $50,000 | |
| 5 | 1 | $355,900 | |
| 6 | 1 | $39,300 | |
| 7 | 1 | $150,000 | |
| 8 | 1 | $217,000 | |
| 9 | 1 | $50,000 | |
| 10 | 1 | $3,500,000 | |
| 11 | 1 | $1,750,000 | |
| 12 | 1 | $260,000 | |
| 13 | 1 | $3,060,000 | |
| 14 | 1 | $44,500 | |
| 15 | 1 | $3,260,000 | |
| 16 | 1 | $150,000 | |
| 17 | 1 | $622,400 | |
| 18 | 1 | $1,333,900 | |
| 19 | 1 | $197,500 | |
| 20 | 1 | $500,000 |
Recent SBA 7(a) approvals for Fiber
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Bank of America, National Association | CIM*****NC. | PHOENIX, AZ | $500,000 |
| 2024-12 | FirstBank Puerto Rico | You*****LLC | TOA BAJA, PR | $39,300 |
| 2024-07 | JPMorgan Chase Bank, National Association | TP***LLC | LOS ANGELES, CA | $1,333,900 |
| 2024-04 | Newtek Bank, National Association | Glo*****ino | San Anselmo, CA | $1,750,000 |
| 2023-12 | BayFirst National Bank | Jon*****ner | SEATTLE, WA | $100,000 |
| 2023-12 | TD Bank, National Association | M&F*****LLC | WHARTON, NJ | $160,000 |
| 2023-10 | The Huntington National Bank | For*****LLC | Oberlin, OH | $50,000 |
| 2023-08 | TD Bank, National Association | The*****LLC | WILLOW GROVE, PA | $15,000 |
| 2023-04 | Bank of Hope | AME*****INC | TUSTIN, CA | $217,000 |
| 2022-10 | Bank of Bridger, National Association | Nak*****res | GLASGOW, MT | $44,500 |
| 2022-08 | BayFirst National Bank | SKE*****LLC | CHESTERFIELD, VA | $30,000 |
| 2022-02 | Old National Bank | Str*****nc. | St. Croix Falls, WI | $3,260,000 |
| 2022-01 | Lincoln Savings Bank | Car*****LLC | Fremont, IN | $3,500,000 |
| 2021-07 | Bank of Hope | CNJ*****INC | LOS ANGELES, CA | $100,000 |
| 2021-06 | Wisconsin Women's Business Initiative Corporation | The*****LLC | Thorp, WI | $150,000 |
| 2021-04 | Gateway Bank | FP***LLC | Mendota Heights, MN | $197,500 |
| 2021-04 | Commonwealth Business Bank | Bon*****nc. | LOS ANGELES, CA | $3,060,000 |
| 2020-12 | Northwest Bank | One*****LLC | Allegany, NY | $217,000 |
| 2020-11 | Mechanics Cooperative Bank | Avi*****nc. | NORTH DIGHTON, MA | $150,000 |
| 2020-04 | Manufacturers and Traders Trust Company | Ale*****nc. | Lutherville Timonium, MD | $50,000 |
| 2020-01 | Community Savings Bank | The*****LLC | Blairstown, IA | $260,000 |
| 2019-12 | The Bancorp Bank National Association | Gra*****nc. | Burlington, NC | $622,400 |
| 2019-12 | WesBanco Bank, Inc. | Car*****LC. | CARROLL, OH | $355,900 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | California | 3 |
| 2 | Wisconsin | 2 |
| 3 | Ohio | 2 |
| 4 | Massachusetts | 1 |
| 5 | Maryland | 1 |
| 6 | Montana | 1 |
| 7 | New Jersey | 1 |
| 8 | New York | 1 |
| 9 | Iowa | 1 |
| 10 | Pennsylvania | 1 |
| 11 | Puerto Rico | 1 |
| 12 | Washington | 1 |
| 13 | Indiana | 1 |
SBA loans for Fiber by state
Similar industries
Frequently asked questions about SBA loans for Fiber
Who are the top SBA lenders for Fiber?▾
Based on historical SBA 7(a) data, the most active lenders for Fiber (NAICS 313) include TD Bank, National Association, Bank OF Hope, Bayfirst National Bank, and 17 more. TD Bank, National Association leads with 2 approved loans.
What is the typical SBA loan size for Fiber?▾
The median SBA 7(a) loan amount for Fiber businesses is $160,000, based on 17 total approved loans in the dataset.
Which states have the most SBA lending activity for Fiber?▾
California leads with 3 SBA 7(a) approvals for Fiber, followed by Wisconsin (2) and Ohio (2).
How do I find the best SBA lender for my fiber business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 313. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.
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