SBA Loans for Iron and Steel Mills and Ferroalloy Manufacturing in Texas: Top Lenders
NAICS 331NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses in Texas. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Texas
Median Loan Size
$535,500
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $535,500.
Key trends & insights
- Iron and Steel Mills and Ferroalloy Manufacturing in Texas lending is concentrated — T Bank, National Association, Truist Bank, Zions Bank, A Division OF together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- T Bank, National Association leads this industry with 1 approvals (25% market share) and a median loan of $946,000.
- SBA data for this industry goes through 2024-04-06 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Iron and Steel Mills and Ferroalloy Manufacturing in Texas
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $946,000 | |
| 2 | 1 | $4,280,000 | |
| 3 | 1 | $110,000 | |
| 4 | 1 | $125,000 |
Recent SBA 7(a) approvals for Iron and Steel Mills and Ferroalloy Manufacturing in Texas
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-04 | Zions Bank, A Division of | FRA*****LLC | CONROE, TX | $110,000 |
| 2023-02 | Security State Bank and Trust | Tex*****LLC | Willow City, TX | $125,000 |
| 2022-12 | Truist Bank | TPM*****LLC | Sugar Land, TX | $4,280,000 |
| 2021-12 | T Bank, National Association | ALU*****NC. | FORTH WORTH, TX | $946,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet