SBA Loans for Medicinal and Botanical Manufacturing: Top Lenders & Recent Approvals

NAICS 325

NAICS 325 covers medicinal and botanical manufacturing businesses. Based on historical SBA 7(a) lending data.

Total Approvals

157

for Medicinal and Botanical Manufacturing

Median Loan Size

$250,000

per approval

Recent Activity

11

last 90 days through Nov 2025

NAICS 325 covers medicinal and botanical manufacturing businesses. This is a moderately active sector for SBA 7(a) lending with 157 approvals and a median loan size of $250,000.

Key trends & insights

  • SBA lending to medicinal and botanical manufacturing businesses grew 16% year-over-year — from 38 to 44 approvals.
  • Total SBA dollars flowing into this industry increased by 78% year-over-year, reaching $48,469,200 in the trailing 12 months.
  • Loan sizes vary dramatically by location — the median in Washington ($1,483,000) is 19.8x higher than Massachusetts ($75,000).

Lending trends for Medicinal and Botanical Manufacturing

16%loan volume YoY
78%dollar volume YoY
Total loaned ($)
Median loan size
Jun '23Oct '23Feb '24May '24Aug '24Jan '25Apr '25Jul '25

Top lenders by historical volume

#LenderApprovalsMedian Size
113$100,000
212$35,000
38$250,000
48$238,000
57$100,000
67$250,000
77$150,000
84$200,000
94$750,000
103$100,000
113$271,100
123$84,700
133$75,000
143$3,972,200
153$350,000
163$1,000,000
172$5,000,000
182$2,181,500
192$500,000
202$4,500,000

Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing

MonthLenderBorrowerAmount
2025-11Citizens BankZUB****ORP$2,719,400
2025-08The Huntington National BankIF****LLC$150,000
2025-08Readycap Lending, LLCCer*****nc.$203,500
2025-08Newtek Bank, National AssociationPac*****LLC$1,500,000
2025-08Live Oak Banking CompanyU.S*****LLC$4,900,000
2025-08FFB BankThe*****Co.$50,000
2025-07The Huntington National BankQUA*****LLC$100,000
2025-07Bank of America, National AssociationCOR*****NC.$42,000
2025-06Heritage Bank IncXse*****nc.$2,000,000
2025-06BayFirst National BankPur****LLC$150,000
2025-06Central BankEli*****ing$250,000
2025-05Fremont BankVid*****LLC$4,100,000
2025-04Northeast BankOld***** Co$200,000
2025-04The Huntington National BankPro*****LLC$500,000
2025-03InBankBel*****Inc$200,000
2025-03InBankBel*****Inc$3,972,200
2025-03InBankBel*****Inc$3,972,200
2025-03Northeast BankFre*****yan$84,700
2025-03CDC Small Business Finance Corp.Nov*****LLC$50,000
2025-03Zions Bank, A Division ofGre*****LLC$70,000
2025-03KeyBank National AssociationENF*****LLC$250,000
2025-03KeyBank National AssociationENF*****LLC$650,000
2025-02TD Bank, National AssociationCap*****LLC$95,000
2025-02JPMorgan Chase Bank, National AssociationAro*****Inc$200,000
2025-02Central BankRG****bal$1,000,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Activity by state

State-by-state breakdown

#StateApprovals
1California21
2Florida17
3Ohio12
4Utah10
5New Jersey8
6Massachusetts8
7Texas7
8Washington5
9New York5
10Illinois5
11Pennsylvania5
12Connecticut4
13Michigan4
14Indiana3
15Idaho3
16North Carolina3
17Oklahoma3
18South Carolina3
19Alabama2
20Georgia2
21Louisiana2
22Maryland2
23Missouri2
24New Hampshire2
25Oregon2

SBA loans for Medicinal and Botanical Manufacturing by state

Similar industries

Frequently asked questions about SBA loans for Medicinal and Botanical Manufacturing

Who are the top SBA lenders for Medicinal and Botanical Manufacturing?

Based on historical SBA 7(a) data, the most active lenders for Medicinal and Botanical Manufacturing (NAICS 325) include THE Huntington National Bank, TD Bank, National Association, Newtek Bank, National Association, and 17 more. THE Huntington National Bank leads with 13 approved loans.

What is the typical SBA loan size for Medicinal and Botanical Manufacturing?

The median SBA 7(a) loan amount for Medicinal and Botanical Manufacturing businesses is $250,000, based on 157 total approved loans in the dataset.

Which states have the most SBA lending activity for Medicinal and Botanical Manufacturing?

California leads with 21 SBA 7(a) approvals for Medicinal and Botanical Manufacturing, followed by Florida (17) and Ohio (12).

How do I find the best SBA lender for my medicinal and botanical manufacturing business?

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 325. 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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