SHANE PIERSON · SBA DATA
SBA by Industry · Machine Shops

SBA Loans for Machine Shops

SBA has approved 5,105 7(a) loans worth $2.3B to Machine Shops businesses, and annual approvals have fallen 27% versus the prior decade.

5,105
7(a) loans
$2.3B
Approved dollars
$454,062
Average loan size
#64
Rank among industries
-27%
Annualized vs prior decade
8.0%
Active-loan distress

Machine Shops is the #64 most-funded business type in the SBA 7(a) record. Since 1991 the program has approved 5,105 such loans worth $2.3B, averaging $454,062 each. Annual approval volume has fallen 27% between the FY2013-2019 period and FY2020-2026. 8.0% of the active book is delinquent, past due, or in liquidation.

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7(a) loans only, approved and not cancelled, gross basis, classified by borrower NAICS. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.