Industries › Management of Companies and Enterprises › Management of Companies and Enterprises › Management of Companies and Enterprises
NAICS 5511Industry group0.1% of all approvals
SBA loans for management of companies and enterprises
7(a) and 504 approvals to businesses SBA classifies under NAICS 5511, with the lenders and states behind them.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses classified under NAICS 5511, management of companies and enterprises, received 213 SBA loan approvals worth $226M in FY2021 to FY2025 (193 7(a), 20 504).
That is 0.1% of all approvals. Set against the 49,556 establishments the Census Bureau counts in the industry, it comes to 4.3 approvals per 1,000 establishments; across all industries the figure is 41.0.
In FY2025 there were 62 approvals, up 82% on FY2024. The median 7(a) approval was $500K, against $190K for all industries, and 6.1% of approvals went to franchise businesses.
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 1.9% as charged off, below the 6.6% for all industries.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Volume by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 30 | $39.3M | $689K | 2 | — | 32 | 848 |
| FY2025 | 58 | $56.9M | $646K | 4 | $5.0M | 62 | 814 |
| FY2024 | 31 | $35.9M | $400K | 3 | $7.8M | 34 | 943 |
| FY2023 | 15 | $11.9M | $551K | 3 | $5.0M | 18 | 213 |
| FY2022 | 36 | $49.3M | $889K | 7 | $8.3M | 43 | 824 |
| FY2021 | 53 | $40.7M | $443K | 3 | $4.7M | 56 | 883 |
| FY2020 | 18 | $17.2M | $618K | 4 | $6.2M | 22 | 211 |
| FY2019 | 32 | $21.2M | $350K | 0 | — | 32 | 352 |
| FY2018 | 59 | $41.9M | $340K | 1 | — | 60 | 935 |
| FY2017 | 65 | $54.0M | $287K | 2 | — | 67 | 949 |
| FY2016 | 57 | $22.0M | $250K | 2 | — | 59 | 458 |
SBA records the NAICS code in force when a loan was approved. The 2022 NAICS revision renumbered parts of retail trade and information, so some lines of business appear under one code before FY2023 and another after. FY2016–FY2020 approvals under this code: 240.
Lenders most active in this industry
By number of approvals, FY2021–FY2025; 114 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Byline BankChicago, IL | 14 | $17.0M | 6.6% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 8 | $13.7M | 3.8% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 8 | $3.3M | 3.8% | |
| 4 | The Huntington National BankColumbus, OH | 8 | $1.7M | 3.8% | |
| 5 | Regions BankBirmingham, AL | 7 | $6.4M | 3.3% | |
| 6 | JPMorgan Chase Bank, National AssociationColumbus, OH | 5 | $3.1M | 2.3% | |
| 7 | Celtic Bank CorporationSalt Lake City, UT | 4 | $4.4M | 1.9% | |
| 8 | Seacoast National BankStuart, FL | 4 | $3.6M | 1.9% | |
| 9 | TD Bank, National AssociationWilmington, DE | 4 | $1.3M | 1.9% | |
| 10 | Manufacturers and Traders Trust CompanyBuffalo, NY | 4 | $1.1M | 1.9% | |
| 11 | Northeast BankLewiston, ME | 4 | $913K | 1.9% | |
| 12 | Fifth Third BankCincinnati, OH | 3 | $8.8M | 1.4% | |
| 13 | Security National Bank of OmahaOmaha, NE | 3 | $5.7M | 1.4% | |
| 14 | Truist BankCharlotte, NC | 3 | $4.8M | 1.4% | |
| 15 | First National Bank TexasKilleen, TX | 3 | $4.3M | 1.4% | |
| 16 | Small Business Growth CorporationSpringfield, IL · CDC | 3 | $3.1M | 1.4% | |
| 17 | Mortgage Capital Development CorporationOakland, CA · CDC | 3 | $3.0M | 1.4% | |
| 18 | First Commonwealth BankIndiana, PA | 3 | $2.1M | 1.4% | |
| 19 | Citizens Bank & Trust CoHutchinson, MN | 3 | $1.5M | 1.4% | |
| 20 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $1.4M | 1.4% |
States
| # | State of the business | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 20 | $24.3M | 9.4% | |
| 2 | Florida | 17 | $16.4M | 8.0% | |
| 3 | Minnesota | 17 | $10.2M | 8.0% | |
| 4 | Ohio | 14 | $16.7M | 6.6% | |
| 5 | Utah | 10 | $12.3M | 4.7% | |
| 6 | New York | 9 | $11.7M | 4.2% | |
| 7 | California | 9 | $10.4M | 4.2% | |
| 8 | Missouri | 9 | $6.6M | 4.2% | |
| 9 | Indiana | 8 | $7.8M | 3.8% | |
| 10 | Illinois | 7 | $12.1M | 3.3% | |
| 11 | Arizona | 7 | $9.4M | 3.3% | |
| 12 | Colorado | 7 | $8.4M | 3.3% | |
| 13 | Pennsylvania | 7 | $6.7M | 3.3% | |
| 14 | Michigan | 5 | $1.3M | 2.3% | |
| 15 | Wisconsin | 5 | $638K | 2.3% |
Franchise brands
6.1% of approvals carried a franchise code.
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | AirBurst Technology Water Well Rehabilitation | 3 | 1.4% | |
| 2 | Wingate by Wyndham | 1 | 0.5% | |
| 3 | Urban Air Adventure Park | 1 | 0.5% | |
| 4 | Fairfield by Marriott | 1 | 0.5% | |
| 5 | Woody's Bar-B-Q | 1 | 0.5% | |
| 6 | Sport Clips | 1 | 0.5% | |
| 7 | Aroma Joe’s | 1 | 0.5% | |
| 8 | Strickland Brothers 10 Minute Oil Change | 1 | 0.5% | |
| 9 | Fully Promoted a | 1 | 0.5% | |
| 10 | Scenthound | 1 | 0.5% |
Approval sizes
- $50,000 or less7.5%16
- $50,001 to $150,00012.7%27
- $150,001 to $350,00016.4%35
- $350,001 to $1 million31.0%66
- $1 million to $2 million16.4%35
- Over $2 million16.0%34
Age of the businesses
- Existing, more than 2 years old46.5%99
- New business, 2 years or less31.5%67
- Startup, loan funds will open the business10.8%23
- Change of ownership11.3%24
Charge-offs against all industries
| Loans approved FY2010–FY2021 | This industry, 7(a) | All 7(a) | This industry, 504 | All 504 |
|---|---|---|---|---|
| Approvals in these years | 422 | 639,905 | 23 | 85,591 |
| Cancelled or never disbursed | 47 | 79,313 | 1 | 12,514 |
| Disbursed loans | 375 | 560,592 | 22 | 73,077 |
| Paid in full | 283 | 435,813 | 12 | 35,491 |
| Charged off | 7 | 36,891 | 0 | 905 |
| Still outstanding (status exempt from disclosure) | 85 | 87,888 | 10 | 36,681 |
| Charged off, share of disbursed loans | 1.9% | 6.6% | too few loans | 1.2% |
| Dollars charged off, share of disbursed dollars | 0.5% | 2.5% | too few loans | 0.9% |
| Dollars charged off | $1.1M | $5.70bn | — | $499M |
Against all industries
| FY2021–FY2025 | NAICS 5511 | All industries |
|---|---|---|
| Median 7(a) approval | $500K | $190K |
| Median 504 approval | $1.2M | $657K |
| Average approval | $1.1M | $573K |
| Approvals per 1,000 establishments | 4.3 | 41.0 |
| Approvals to franchise businesses | 6.1% | 11.2% |
| Jobs supported per approval, as reported | 17.3 | 10.5 |
Questions and answers
Which lenders make the most SBA loans for management of companies and enterprises?
By approvals in FY2021 to FY2025: Byline Bank (14), Live Oak Banking Company (8), U.S. Bank, National Association (8), The Huntington National Bank (8), Regions Bank (7). 114 lenders had at least one.
How large are typical SBA loans for management of companies and enterprises?
The median 7(a) approval was $500K and the median 504 approval $1.2M; the average across both programs was $1.1M.
What share of SBA loans for management of companies and enterprises are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 1.9% are recorded as charged off, against 6.6% for all industries.
Which states have the most SBA loans for management of companies and enterprises?
Texas (20), Florida (17), Minnesota (17), Ohio (14), Utah (10).
Is SBA lending for management of companies and enterprises rising?
Approvals in the three latest complete fiscal years total 114, against 121 in the three before: broadly level (-6%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error