SBA loans by business type
SBA Loans for Construction Companies
SBA lenders funded 113,697 7(a) and 504 loans for construction companies since FY2010 (11.0% of all SBA lending in the data), totaling $35.1B, an average of $309K per loan. The most active lender is The Huntington National Bank.
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 Construction (NAICS 236–238). They cover funded loans, not applications, so a lender's activity here is a track-record signal — not a guarantee you will be approved. Among the 7(a) loans, the charge-off rate is 4.3% — 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 for construction companies
Ranked by SBA loans funded across Construction (NAICS 23), the sector this page covers. Each lender's figures, including its 7(a) charge-off rate, cover its loans in this sector only; charge-off is reported on 7(a) loans, never on 504 loans, so a lender without a reliable 7(a) sample here shows “not reported,” never 0%. A lender active in your situation is a good place to start — then talk to a few before you apply.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 11,855 | $2.0B | $170K | 2.51% |
| 2 | U.S. Bank, National Association | 9,975 | $938.9M | $94K | 4.26% |
| 3 | TD Bank, National Association | 5,895 | $579.5M | $98K | 8.79% |
| 4 | Wells Fargo Bank National Association | 5,815 | $1.3B | $232K | 5.73% |
| 5 | JPMorgan Chase Bank, National Association | 5,674 | $923.3M | $163K | 6.13% |
| 6 | Manufacturers and Traders Trust Company | 4,025 | $440.8M | $110K | 5.71% |
| 7 | PNC Bank, National Association | 2,386 | $243.9M | $102K | 5.62% |
| 8 | Northeast Bank | 2,311 | $408.7M | $177K | 2.55% |
| 9 | BayFirst National Bank | 1,849 | $380.5M | $206K | 8.38% |
| 10 | KeyBank National Association | 1,649 | $427.9M | $259K | 3.52% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
Ready to talk to lenders that fund construction companies?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
Top states for construction companies SBA loans
| State | Loans | Total volume |
|---|---|---|
| California | 12,549 | $5.4B |
| Florida | 7,029 | $3.0B |
| Texas | 6,648 | $2.4B |
| New York | 7,355 | $1.7B |
| Colorado | 3,510 | $1.5B |
| Ohio | 8,125 | $1.3B |
| Washington | 3,358 | $1.1B |
| Minnesota | 3,541 | $1.1B |
| Illinois | 3,561 | $1.1B |
| Arizona | 2,342 | $983.3M |
SBA lending for construction companies by year
Funded SBA volume by approval fiscal year (FY2010–2026).
SBA loans for construction companies: frequently asked questions
Can you get an SBA loan for construction companies?
Yes. Lenders funded 113,697 SBA 7(a) and 504 loans for construction companies in the public data (as of 2026-03-31), 11.0% of all SBA lending, totaling $35.1B.
How much is a typical SBA loan for construction companies?
The average SBA loan for construction companies is $309K, across 113,697 funded loans. Your amount depends on use of funds, cash flow, and the lender.
Which SBA lenders fund construction companies?
The Huntington National Bank, U.S. Bank, National Association, TD Bank, National Association are among the most active SBA lenders for construction companies by loans funded. A lender that regularly funds your situation is more likely to understand the deal.