SBA Loans for Iron and Steel Mills and Ferroalloy Manufacturing in California: Top Lenders
NAICS 331NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses in California. Based on historical SBA 7(a) lending data.
Total Approvals
8
in California
Median Loan Size
$192,500
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $192,500.
Key trends & insights
- Iron and Steel Mills and Ferroalloy Manufacturing in California lending is concentrated — Cadence Bank, U.s. Bank, National Association, United Business Bank together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Cadence Bank leads this industry with 2 approvals (25% market share) and a median loan of $175,000.
- Iron and Steel Mills and Ferroalloy Manufacturing in California loans skew smaller than the SBA average at $192,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Iron and Steel Mills and Ferroalloy Manufacturing in California
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $175,000 | |
| 2 | 1 | $40,000 | |
| 3 | 1 | $1,920,000 | |
| 4 | 1 | $200,000 | |
| 5 | 1 | $731,000 | |
| 6 | 1 | $10,000 | |
| 7 | 1 | $1,198,000 |
Recent SBA 7(a) approvals for Iron and Steel Mills and Ferroalloy Manufacturing in California
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | U.S. Bank, National Association | EBE*****EEL | PHELAN, CA | $40,000 |
| 2024-06 | Cadence Bank | JV ****ore | FULLERTON, CA | $185,000 |
| 2023-07 | Banner Bank | Eq****Pro | TEMECULA, CA | $200,000 |
| 2023-01 | First Bank of the Lake | Mag*****rez | COMPTON, CA | $731,000 |
| 2022-12 | Cadence Bank | JV ****ore | FULLERTON, CA | $165,000 |
| 2021-07 | United Business Bank | Kwi*****ing | COMPTON, CA | $1,920,000 |
| 2020-10 | Harvest Small Business Finance, LLC | Los*****cts | HUNTINGTON PARK, CA | $1,198,000 |
| 2020-01 | Wells Fargo Bank National Association | Mic*****ula | NORTH HOLLYWOOD, CA | $10,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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