SBA Loans for NAICS 517: Top Lenders & Recent Approvals
NAICS 517NAICS 517 covers wireless telecommunications carriers (except satellite) businesses. Based on historical SBA 7(a) lending data.
Total Approvals
106
for NAICS 517
Median Loan Size
$200,000
per approval
Recent Activity
5
last 90 days through Aug 2025
NAICS 517 covers wireless telecommunications carriers (except satellite) businesses. This is a moderately active sector for SBA 7(a) lending with 106 approvals and a median loan size of $200,000.
Key trends & insights
- SBA lending to naics 517 businesses declined 20% year-over-year — from 80 to 64 approvals.
- Total SBA dollars flowing into this industry decreased by 54% year-over-year, reaching $29,354,100 in the trailing 12 months.
- The typical loan size for naics 517 has decreased 16% — average median moving from $381,000 to $320,633.
- Loan sizes vary dramatically by location — the median in Texas ($544,150) is 2.7x higher than Ohio ($205,000).
- NAICS 517 loans skew smaller than the SBA average at $200,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Lending trends for NAICS 517
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 26 | $2,400,000 | |
| 2 | 23 | $100,000 | |
| 3 | 21 | $250,000 | |
| 4 | 19 | $150,000 | |
| 5 | 18 | $150,000 | |
| 6 | 15 | $350,000 | |
| 7 | 12 | $25,000 | |
| 8 | 12 | $325,000 | |
| 9 | 11 | $100,000 | |
| 10 | 10 | $1,061,000 | |
| 11 | 10 | $171,000 | |
| 12 | 10 | $2,130,000 | |
| 13 | 9 | $150,000 | |
| 14 | 8 | $150,000 | |
| 15 | 8 | $75,000 | |
| 16 | 8 | $420,000 | |
| 17 | 7 | $200,000 | |
| 18 | 7 | $150,000 | |
| 19 | 6 | $1,353,200 | |
| 20 | 6 | $250,000 |
Recent SBA 7(a) approvals for NAICS 517
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | The Bank of Missouri | BOY*****NC. | POPLAR BLUFF, MO | $1,000,000 |
| 2025-12 | Cadence Bank | WiF*****LLC | Paris, TX | $2,100,000 |
| 2025-12 | Live Oak Banking Company | Nat*****LLC | WARREN, MI | $210,000 |
| 2025-12 | Wells Fargo Bank National Association | Atl*****nc. | VENTURA, CA | $1,267,600 |
| 2025-11 | Fifth Third Bank | Pro*****LLC | RALEIGH, NC | $100,000 |
| 2025-11 | TD Bank, National Association | ESO*****NC. | ALBANY, NY | $170,000 |
| 2025-11 | Newtek Bank, National Association | iW****LLC | Partlow, VA | $350,000 |
| 2025-11 | OakStar Bank | SCH*****LLC | WEBB CITY, MO | $150,000 |
| 2025-11 | U.S. Bank, National Association | COL*****LLC | COLFAX, CA | $350,000 |
| 2025-11 | Eastern Bank | MAR*****LLC | LAWRENCE, MA | $12,500 |
| 2025-09 | FFB Bank | Wir*****LLC | GILMER, TX | $376,000 |
| 2025-09 | Citizens Bank, National Association | DRA****LLC | MEDFORD, MA | $500,000 |
| 2025-09 | Harvest Small Business Finance, LLC | Nex*****oup | LOS ANGELES, CA | $511,500 |
| 2025-09 | Northeast Bank | Nex*****Inc | Westminster, CO | $100,000 |
| 2025-08 | Truist Bank | ZJC*****LLC | LITHIA, FL | $1,260,000 |
| 2025-08 | Northeast Bank | PRI*****LLC | Garden Grove, CA | $42,000 |
| 2025-08 | Newtek Bank, National Association | Sol*****ces | WESTON, FL | $25,000 |
| 2025-08 | Regions Bank | Bar*****LLC | CONROE, TX | $150,000 |
| 2025-07 | Newtek Bank, National Association | Con*****ces | EARTH CITY, MO | $125,000 |
| 2025-07 | Live Oak Banking Company | CHE*****ONS | ELK RAPIDS, MI | $2,275,000 |
| 2025-07 | Newtek Bank, National Association | Met*****LLC | Knoxville, TN | $350,000 |
| 2025-07 | Buckeye State Bank | Bul*****LLC | POWELL, OH | $100,000 |
| 2025-07 | Buckeye State Bank | Bul*****LLC | Powell, OH | $810,000 |
| 2025-07 | Truist Bank | Gat*****Inc | WEST CHESTER, PA | $1,400,000 |
| 2025-07 | Northeast Bank | Int*****LLC | Williamsville, NY | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | California | 11 |
| 2 | Florida | 10 |
| 3 | Colorado | 8 |
| 4 | Texas | 8 |
| 5 | New York | 8 |
| 6 | Ohio | 5 |
| 7 | Maryland | 4 |
| 8 | Minnesota | 4 |
| 9 | Puerto Rico | 4 |
| 10 | Michigan | 4 |
| 11 | Indiana | 3 |
| 12 | Pennsylvania | 3 |
| 13 | Nevada | 3 |
| 14 | Washington | 3 |
| 15 | West Virginia | 2 |
| 16 | Arizona | 2 |
| 17 | Connecticut | 2 |
| 18 | Idaho | 2 |
| 19 | Massachusetts | 2 |
| 20 | Missouri | 2 |
| 21 | New Jersey | 2 |
| 22 | Utah | 2 |
| 23 | Wisconsin | 2 |
| 24 | Oregon | 1 |
| 25 | Kansas | 1 |
SBA loans for NAICS 517 by state
Similar industries
Frequently asked questions about SBA loans for NAICS 517
Who are the top SBA lenders for NAICS 517?▾
Based on historical SBA 7(a) data, the most active lenders for NAICS 517 (NAICS 517) include Live OAK Banking Company, TD Bank, National Association, THE Huntington National Bank, and 17 more. Live OAK Banking Company leads with 26 approved loans.
What is the typical SBA loan size for NAICS 517?▾
The median SBA 7(a) loan amount for NAICS 517 businesses is $200,000, based on 106 total approved loans in the dataset.
Which states have the most SBA lending activity for NAICS 517?▾
California leads with 11 SBA 7(a) approvals for NAICS 517, followed by Florida (10) and Colorado (8).
How do I find the best SBA lender for my naics 517 business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 517. 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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