SBA loans by business type
SBA Loans for Self-Storage Facilities
SBA lenders funded 3,520 7(a) and 504 loans for self-storage facilities since FY2010 (0.3% of all SBA lending in the data), totaling $4.4B, an average of $1.3M per loan. The most active lender is Live Oak Banking Company.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
These figures are computed from the SBA's public 7(a) and 504 funded-loan records for Lessors of Self-Storage Units (NAICS 53113). They cover funded loans, not applications, so a lender's activity here is a track-record signal — not a guarantee you will be approved. Of these, 38% are 504 loans (owner-occupied real estate and long-term equipment), which is why average loan sizes here run large. Among the 7(a) loans, the charge-off rate is 0.3% — a relative track-record signal, not a lifetime default rate (504 charge-offs are not reported in the SBA data); see our methodology. Estimate a payment with the SBA loan calculator, or check the basics with the eligibility checker.
Top SBA lenders in Real Estate, the sector that includes self-storage facilities
Ranked by SBA loans funded across Real Estate (NAICS 53), the full sector that contains Lessors of Self-Storage Units (NAICS 53113). The sector is broader than self-storage facilities alone, and sector level is the granularity our per-lender track-record data supports, so every figure below, including the 7(a) charge-off rate, is sector-wide, not specific to self-storage facilities. Charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample in the sector shows “not reported,” never 0%. A lender active in your situation is a good place to start; talk to a few before you apply.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 1,414 | $340.6M | $241K | 3.18% |
| 2 | The Huntington National Bank | 1,136 | $324.1M | $285K | 2.55% |
| 3 | Wells Fargo Bank National Association | 883 | $385.0M | $436K | 4.87% |
| 4 | TD Bank, National Association | 784 | $111.9M | $143K | 8.29% |
| 5 | Live Oak Banking Company | 767 | $1.5B | $1.9M | 0.00% |
| 6 | JPMorgan Chase Bank, National Association | 729 | $140.0M | $192K | 6.04% |
| 7 | Manufacturers and Traders Trust Company | 501 | $84.1M | $168K | 5.19% |
| 8 | Enterprise Bank & Trust | 499 | $503.9M | $1.0M | 0.00% |
| 9 | PNC Bank, National Association | 433 | $71.6M | $165K | 8.31% |
| 10 | Bank Five Nine | 375 | $382.2M | $1.0M | 0.53% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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Top states for self-storage facilities SBA loans
| State | Loans | Total volume |
|---|---|---|
| Texas | 336 | $499.4M |
| California | 249 | $406.1M |
| Florida | 183 | $306.7M |
| Georgia | 172 | $233.8M |
| North Carolina | 140 | $204.9M |
| Utah | 157 | $195.3M |
| Wisconsin | 236 | $174.6M |
| Michigan | 151 | $159.0M |
| Washington | 99 | $151.6M |
| Illinois | 103 | $147.5M |
SBA lending for self-storage facilities by year
Funded SBA volume by approval fiscal year (FY2010–2026).
SBA loans for self-storage facilities: frequently asked questions
Can you get an SBA loan for self-storage facilities?
Yes. Lenders funded 3,520 SBA 7(a) and 504 loans for self-storage facilities in the public data (as of 2026-03-31), 0.3% of all SBA lending, totaling $4.4B.
How much is a typical SBA loan for self-storage facilities?
The average SBA loan for self-storage facilities is $1.3M, across 3,520 funded loans. Your amount depends on use of funds, cash flow, and the lender.
Which SBA lenders fund self-storage facilities?
Live Oak Banking Company, Bank Five Nine, Mountain West Small Business Finance are among the most active SBA lenders for self-storage facilities by funded volume. A lender that regularly funds your situation is more likely to understand the deal.