SBA Loans for Medicinal and Botanical Manufacturing: Top Lenders & Recent Approvals

NAICS 325

NAICS 325 covers medicinal and botanical manufacturing businesses. Based on historical SBA 7(a) lending data.

Total Approvals

157

for Medicinal and Botanical Manufacturing

Median Loan Size

$250,000

per approval

Recent Activity

last 90 days through Nov 2025

NAICS 325 covers medicinal and botanical manufacturing businesses. This is a moderately active sector for SBA 7(a) lending with 157 approvals and a median loan size of $250,000.

Key trends & insights

Total SBA dollars flowing into this industry increased by 74% year-over-year, reaching $104,178,600 in the trailing 12 months.
The typical loan size for medicinal and botanical manufacturing has increased 163% — average median moving from $250,317 to $658,125.
Loan sizes vary dramatically by location — the median in Washington ($1,483,000) is 19.8x higher than Massachusetts ($75,000).

Lending trends for Medicinal and Botanical Manufacturing

↓ 6%loan volume YoY

↑ 74%dollar volume YoY

Total loaned ($)

Median loan size

Top lenders by historical volume

#	Lender	Approvals	Median Size	Recent	Top States
1	THE Huntington National Bank	35	$135,600	2	OH, MI, PA
2	TD Bank, National Association	32	$90,000	2	FL, NJ, NH
3	Newtek Bank, National Association	26	$500,000	2	FL, CA, NY
4	Readycap Lending, LLC	18	$50,000	1	FL, TX, CA
5	Jpmorgan Chase Bank, National Association	18	$350,000	2	TX, FL, NY
6	U.s. Bank, National Association	17	$515,000	2	CA, AZ, WA
7	Keybank, National Association	16	$300,000	—	WA, OH, IN
8	Manufacturers AND Traders Trust Company	16	$200,000	2	NJ, PA, CT
9	Byline Bank	14	$816,000	—	CA, PA, WI
10	Bayfirst National Bank	13	$150,000	1	FL, NJ, KS
11	Bank OF America, National Association	12	$350,000	1	CA, NJ, IL
12	Northeast Bank	11	$150,000	1	CA, AL, NC
13	CDC Small Business Finance, CORP.	10	$145,000	1	CA, FL, IL
14	Celtic Bank, CORP.	9	$150,000	—	CA, UT, OR
15	Mountain America FCU	8	$290,400	—	UT
16	Wells Fargo Bank, National Association	8	$430,000	1	CA, NC, TX
17	Eastern Bank	7	$100,000	—	MA, NH
18	Cadence Bank	7	$350,000	—	GA, CO, CT
19	Live OAK Banking Company	7	$576,000	1	TX, TN, GA
20	First Internet Bank OF India, National Association	7	$1,114,000	—	AZ, FL, PA

Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing

Month	Lender	Borrower	Location	Amount
2025-12	TD Bank, National Association	Cos*****nc.	PALM HARBOR, FL	$500,000
2025-12	U.S. Bank, National Association	Bod****iss	COTTONWOOD, AZ	$2,358,800
2025-12	Wells Fargo Bank National Association	SPO*****LLC	VAN NUYS, CA	$30,000
2025-11	Signature Bank	TSP*****LLC	RIO, WI	$150,000
2025-11	21st Century Bank	HiB****nc.	MINNEAPOLIS, MN	$300,000
2025-11	Signature Bank	TSP*****LLC	Rio, WI	$4,501,000
2025-11	Citizens Bank	ZUB****ORP	GARLAND, TX	$2,719,400
2025-11	American Momentum Bank	Gre*****nc.	VERO BEACH, FL	$2,092,500
2025-11	21st Century Bank	HiB****nc.	MINNEAPOLIS, MN	$650,000
2025-09	Worthington Bank	One*****LLC	ARGYLE, TX	$400,000
2025-09	Worthington Bank	One*****LLC	ARGYLE, TX	$2,000,000
2025-09	First Financial Bank	Dry*****LLC	PITTSBURGH, PA	$20,100
2025-09	First Financial Bank	Dry*****LLC	PITTSBURGH, PA	$1,000,000
2025-09	TD Bank, National Association	Duc*****C.'	VENICE, FL	$25,000
2025-09	Community Capital New York, Inc.	VYN*****LLC	Yonkers, NY	$150,000
2025-09	CDC Small Business Finance Corp.	Adv*****ems	Carlsbad, CA	$280,000
2025-09	Port 51 Lending LLC	U-2*****LLC	Stockbridge, GA	$2,260,000
2025-09	First Bank of Central Ohio	Unc*****LLC	UNION GROVE, WI	$3,442,000
2025-09	U.S. Bank, National Association	Sym*****LLC	BURNSVILLE, MN	$3,561,200
2025-09	Manufacturers and Traders Trust Company	Nix*****.C.	EAST WINDSOR, NJ	$50,000
2025-09	Manufacturers and Traders Trust Company	Nix*****.C.	EAST WINDSOR, NJ	$25,000
2025-09	Northeast Bank	Com*****nc.	La Porte, TX	$350,000
2025-08	First-Citizens Bank & Trust Company	BW *****LLC	Beverly Hills, CA	$400,000
2025-08	The Huntington National Bank	IF****LLC	CRETE, IL	$150,000
2025-08	Newtek Bank, National Association	Pac*****LLC	LUTZ, FL	$1,500,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Activity by state

CA21 FL17 OH12 UT10 NJ8 MA8 TX7 WA5 NY5 IL5 PA5 CT4 MI4 IN3 ID3 NC3 OK3 SC3 AL2 GA2 LA2 MD2 MO2 NH2 OR2 TN2 VA2 WI2 KY1 PR1 RI1 KS1 VT1 IA1 CO1 MT1 MS1 MN1 AZ1

Less active

More active

State-by-state breakdown

#	State	Approvals	Median Size	#1 Lender	Last 90 Days
1	California	21	$680,000	Newtek Bank, National Association3 approvals	3
2	Florida	17	$200,000	TD Bank, National Association3 approvals	1
3	Ohio	12	$250,000	THE Huntington National Bank8 approvals	1
4	Utah	10	$260,550	Mountain America FCU3 approvals	2
5	New Jersey	8	$225,000	Manufacturers AND Traders Trust Company2 approvals	—
6	Massachusetts	8	$75,000	Eastern Bank3 approvals	—
7	Texas	7	$576,000	Live OAK Banking Company2 approvals	2
8	Washington	5	$1,483,000	Keybank, National Association3 approvals	—
9	New York	5	$100,000	Brooklyn Cooperative FCU1 approvals	—
10	Illinois	5	$150,000	Fifth Third Bank1 approvals	2
11	Pennsylvania	5	$325,000	Manufacturers AND Traders Trust Company2 approvals	—
12	Connecticut	4	$166,500	Manufacturers AND Traders Trust Company2 approvals	—
13	Michigan	4	$65,000	THE Huntington National Bank2 approvals	—
14	Indiana	3	$100,000	Keybank, National Association2 approvals	—
15	Idaho	3	$1,160,000	America First FCU1 approvals	—
16	North Carolina	3	$320,000	PNC Bank, National Association1 approvals	—
17	Oklahoma	3	$50,000	Readycap Lending, LLC2 approvals	—
18	South Carolina	3	$750,000	Bayfirst National Bank1 approvals	—
19	Alabama	2	$1,292,350	Northeast Bank1 approvals	—
20	Georgia	2	$225,000	Cadence Bank1 approvals	—
21	Louisiana	2	$554,000	Bayfirst National Bank1 approvals	—
22	Maryland	2	$87,500	PNC Bank, National Association1 approvals	—
23	Missouri	2	$2,327,000	First Bank OF THE Lake1 approvals	—
24	New Hampshire	2	$25,000	TD Bank, National Association2 approvals	—
25	Oregon	2	$87,500	Keybank, National Association1 approvals	—

SBA loans for Medicinal and Botanical Manufacturing by state

Similar industries

Commercial Gravure Printing

NAICS 323 · 355 approvals

All Other Miscellaneous Wood Product Manufacturing

NAICS 321 · 184 approvals

All Other Plastics Product Manufacturing

NAICS 326 · 134 approvals

Pottery

NAICS 327 · 113 approvals

Corrugated and Solid Fiber Box Manufacturing

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Asphalt Paving Mixture and Block Manufacturing

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Frequently asked questions about SBA loans for Medicinal and Botanical Manufacturing

Who are the top SBA lenders for Medicinal and Botanical Manufacturing?▾

Based on historical SBA 7(a) data, the most active lenders for Medicinal and Botanical Manufacturing (NAICS 325) include THE Huntington National Bank, TD Bank, National Association, Newtek Bank, National Association, and 17 more. THE Huntington National Bank leads with 35 approved loans.

What is the typical SBA loan size for Medicinal and Botanical Manufacturing?▾

The median SBA 7(a) loan amount for Medicinal and Botanical Manufacturing businesses is $250,000, based on 157 total approved loans in the dataset.

Which states have the most SBA lending activity for Medicinal and Botanical Manufacturing?▾

California leads with 21 SBA 7(a) approvals for Medicinal and Botanical Manufacturing, followed by Florida (17) and Ohio (12).

How do I find the best SBA lender for my medicinal and botanical manufacturing business?▾

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 325. 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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