SBA Loans for Footwear Manufacturing: Top Lenders & Recent Approvals
NAICS 316NAICS 316 covers footwear manufacturing businesses. Based on historical SBA 7(a) lending data.
Total Approvals
18
for Footwear Manufacturing
Median Loan Size
$127,500
per approval
Recent Activity
3
last 90 days through Aug 2025
NAICS 316 covers footwear manufacturing businesses. This is a smaller category in SBA 7(a) lending with 18 approvals on record and a median loan size of $127,500.
Key trends & insights
- SBA lending to footwear manufacturing businesses grew 167% year-over-year — from 6 to 16 approvals.
- Total SBA dollars flowing into this industry increased by 794% year-over-year, reaching $5,311,500 in the trailing 12 months.
- The typical loan size for footwear manufacturing has increased 327% — average median moving from $99,033 to $422,750.
- Footwear Manufacturing loans skew smaller than the SBA average at $127,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Lending trends for Footwear Manufacturing
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $25,000 | |
| 2 | 2 | $432,700 | |
| 3 | 2 | $519,000 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $2,700,000 | |
| 6 | 1 | $50,000 | |
| 7 | 1 | $13,500 | |
| 8 | 1 | $406,000 | |
| 9 | 1 | $105,000 | |
| 10 | 1 | $150,000 | |
| 11 | 1 | $22,700 | |
| 12 | 1 | $20,000 | |
| 13 | 1 | $300,000 | |
| 14 | 1 | $50,000 | |
| 15 | 1 | $395,300 | |
| 16 | 1 | $226,500 | |
| 17 | 1 | $25,000 | |
| 18 | 1 | $75,000 | |
| 19 | 1 | $15,000 |
Recent SBA 7(a) approvals for Footwear Manufacturing
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Northeast Bank | Pag*****LC. | New Philadelphia, OH | $50,000 |
| 2025-08 | Manufacturers and Traders Trust Company | ATE*****LLC | WINSTED, CT | $25,000 |
| 2025-06 | MISSINGMAINBANKID | Ox *****LLC | Princeton, TX | $395,300 |
| 2025-03 | Northeast Bank | SPI*****INC | Tarpon Springs, FL | $432,700 |
| 2025-01 | Northwest Bank | Rev*****LLC | WHEAT RIDGE, CO | $519,000 |
| 2025-01 | Northwest Bank | Rev*****LLC | Wheat Ridge, CO | $150,000 |
| 2024-08 | Colony Bank | Sti*****LTD | Marion, NC | $50,000 |
| 2024-08 | Newtek Bank, National Association | Ea**Moc | Boston, MA | $300,000 |
| 2024-07 | Hancock Whitney Bank | Tor*****LLC | Harahan, LA | $2,700,000 |
| 2024-01 | JPMorgan Chase Bank, National Association | Li***LLC | PORTLAND, OR | $20,000 |
| 2023-07 | Camden National Bank | PET*****NC. | INTERVALE, NH | $25,000 |
| 2023-02 | Bank of Clarke | Ant*****LLC | Washington, DC | $406,000 |
| 2023-02 | The North Salem State Bank | Cou*****LLC | BAINBRIDGE, IN | $13,500 |
| 2022-12 | Newtek Small Business Finance, Inc. | COM*****INC | LOS ANGELES, CA | $150,000 |
| 2022-05 | The Huntington National Bank | Lib*****Inc | Grand Rapids, MI | $50,000 |
| 2021-08 | Manufacturers and Traders Trust Company | Eil*****Inc | NEW YORK, NY | $25,000 |
| 2021-07 | U.S. Bank, National Association | FER*****INC | GALLATIN, MO | $226,500 |
| 2021-04 | Wells Fargo Bank National Association | DAT*****LLC | PELL CITY, AL | $15,000 |
| 2021-02 | Navy FCU | CHE*****LLC | ANNAPOLIS, MD | $75,000 |
| 2020-08 | CDC Small Business Finance Corp. | Po****LLC | Carlsbad, CA | $150,000 |
| 2020-04 | First National Bank and Trust Company of Weatherford d/b/a F | Jam*****nc. | ABILENE, TX | $22,700 |
| 2019-11 | B:Side Capital | QLT*****LLC | Denver, CO | $105,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | Colorado | 3 |
| 2 | California | 2 |
| 3 | Texas | 2 |
| 4 | District of Columbia | 1 |
| 5 | Florida | 1 |
| 6 | Indiana | 1 |
| 7 | Louisiana | 1 |
| 8 | Massachusetts | 1 |
| 9 | Michigan | 1 |
| 10 | North Carolina | 1 |
| 11 | New York | 1 |
| 12 | Ohio | 1 |
| 13 | Oregon | 1 |
| 14 | Connecticut | 1 |
SBA loans for Footwear Manufacturing by state
Similar industries
Frequently asked questions about SBA loans for Footwear Manufacturing
Who are the top SBA lenders for Footwear Manufacturing?▾
Based on historical SBA 7(a) data, the most active lenders for Footwear Manufacturing (NAICS 316) include Manufacturers AND Traders Trust Company, Northeast Bank, Northwest Bank, and 16 more. Manufacturers AND Traders Trust Company leads with 2 approved loans.
What is the typical SBA loan size for Footwear Manufacturing?▾
The median SBA 7(a) loan amount for Footwear Manufacturing businesses is $127,500, based on 18 total approved loans in the dataset.
Which states have the most SBA lending activity for Footwear Manufacturing?▾
Colorado leads with 3 SBA 7(a) approvals for Footwear Manufacturing, followed by California (2) and Texas (2).
How do I find the best SBA lender for my footwear manufacturing business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 316. 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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