SBA Loans for Electric Power Distribution: Top Lenders & Recent Approvals
NAICS 221NAICS 221 covers electric power distribution businesses. Based on historical SBA 7(a) lending data.
Total Approvals
89
for Electric Power Distribution
Median Loan Size
$163,300
per approval
Recent Activity
4
last 90 days through Aug 2025
NAICS 221 covers electric power distribution businesses. This is a smaller category in SBA 7(a) lending with 89 approvals on record and a median loan size of $163,300.
Key trends & insights
- Total SBA dollars flowing into this industry decreased by 29% year-over-year, reaching $38,058,200 in the trailing 12 months.
- The typical loan size for electric power distribution has decreased 33% — average median moving from $526,658 to $352,350.
- Loan sizes vary dramatically by location — the median in Arizona ($562,350) is 22.0x higher than California ($25,600).
- Electric Power Distribution loans skew smaller than the SBA average at $163,300 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Lending trends for Electric Power Distribution
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 24 | $15,000 | |
| 2 | 21 | $50,000 | |
| 3 | 15 | $127,000 | |
| 4 | 15 | $1,000,000 | |
| 5 | 14 | $150,000 | |
| 6 | 11 | $100,000 | |
| 7 | 8 | $25,000 | |
| 8 | 8 | $200,000 | |
| 9 | 7 | $150,000 | |
| 10 | 7 | $40,000 | |
| 11 | 7 | $149,000 | |
| 12 | 6 | $150,000 | |
| 13 | 5 | $204,600 | |
| 14 | 5 | $375,000 | |
| 15 | 5 | $50,000 | |
| 16 | 4 | $150,000 | |
| 17 | 4 | $150,000 | |
| 18 | 4 | $150,000 | |
| 19 | 4 | $150,000 | |
| 20 | 4 | $50,000 |
Recent SBA 7(a) approvals for Electric Power Distribution
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | AMPAC Tri-State CDC, Inc. | Whi*****ice | BAKERSFIELD, CA | $50,000 |
| 2025-11 | Celtic Bank Corporation | SOL*****NC. | MENLO PARK, CA | $150,000 |
| 2025-11 | Comerica Bank | Wat*****nc. | HOUSTON, TX | $500,000 |
| 2025-11 | Northeast Bank | WAL*****TER | Omaha, NE | $127,000 |
| 2025-11 | First-Citizens Bank & Trust Company | The*****LLC | FORT LAUDERDALE, FL | $961,000 |
| 2025-11 | Northeast Bank | TIG*****IAN | Glendale, CA | $100,000 |
| 2025-09 | Zions Bank, A Division of | Lan*****LLC | PORTER, TX | $119,000 |
| 2025-09 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Tik*****nc. | ALEXANDRIA, VA | $150,000 |
| 2025-09 | Northeast Bank | WAT*****LLC | Midland, TX | $73,800 |
| 2025-08 | Stone Bank | Sci*****nc. | BUFORD, GA | $250,000 |
| 2025-08 | First Bank & Trust | BMH*****LLC | BROOKINGS, SD | $544,800 |
| 2025-08 | Newtek Bank, National Association | Hun*****LLC | OCALA, FL | $350,000 |
| 2025-08 | Brookline Bank, a Division of Beacon Bank and Trust | Nat*****orp | WOODBINE, MD | $1,441,000 |
| 2025-07 | First National Bank of Pennsylvania | Elc*****nc. | GREENVILLE, PA | $100,000 |
| 2025-07 | RiverBank | Ell*****LLC | LIBERTY LAKE, WA | $3,605,000 |
| 2025-07 | Readycap Lending, LLC | Sig*****cal | COSTA MESA, CA | $350,000 |
| 2025-06 | Northeast Bank | Bet*****LLC | Alva, FL | $150,000 |
| 2025-06 | PlainsCapital Bank | ECO*****NC. | LUBBOCK, TX | $1,000,000 |
| 2025-06 | FirstBank Puerto Rico | Dak*****LLC | SAN ANTONIO, PR | $50,000 |
| 2025-05 | University Bank | Was*****LLC | MOUNT ORAB, OH | $85,000 |
| 2025-05 | University Bank | Was*****LLC | Mount Orab, OH | $414,400 |
| 2025-05 | Banc of California | Tek*****LLC | Portland, OR | $2,581,000 |
| 2025-04 | Newtek Bank, National Association | Pur*****H2O | Colorado Springs, CO | $1,800,000 |
| 2025-04 | Enterprise Bank & Trust | AM *****any | HOUSTON, TX | $4,220,500 |
| 2025-04 | Northeast Bank | J R*****LLC | Crystal Springs, MS | $97,300 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | Florida | 12 |
| 2 | Texas | 11 |
| 3 | California | 9 |
| 4 | Massachusetts | 7 |
| 5 | Arizona | 6 |
| 6 | Indiana | 5 |
| 7 | Ohio | 4 |
| 8 | Georgia | 4 |
| 9 | New Jersey | 3 |
| 10 | New York | 3 |
| 11 | Michigan | 2 |
| 12 | Puerto Rico | 2 |
| 13 | Virginia | 2 |
| 14 | Wisconsin | 2 |
| 15 | Tennessee | 1 |
| 16 | Utah | 1 |
| 17 | Arkansas | 1 |
| 18 | West Virginia | 1 |
| 19 | Idaho | 1 |
| 20 | Illinois | 1 |
| 21 | Kentucky | 1 |
| 22 | Maryland | 1 |
| 23 | Minnesota | 1 |
| 24 | Nebraska | 1 |
| 25 | New Hampshire | 1 |
SBA loans for Electric Power Distribution by state
Frequently asked questions about SBA loans for Electric Power Distribution
Who are the top SBA lenders for Electric Power Distribution?▾
Based on historical SBA 7(a) data, the most active lenders for Electric Power Distribution (NAICS 221) include Wells Fargo Bank, National Association, THE Huntington National Bank, Northeast Bank, and 17 more. Wells Fargo Bank, National Association leads with 24 approved loans.
What is the typical SBA loan size for Electric Power Distribution?▾
The median SBA 7(a) loan amount for Electric Power Distribution businesses is $163,300, based on 89 total approved loans in the dataset.
Which states have the most SBA lending activity for Electric Power Distribution?▾
Florida leads with 12 SBA 7(a) approvals for Electric Power Distribution, followed by Texas (11) and California (9).
How do I find the best SBA lender for my electric power distribution business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 221. 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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