SBA loans by business type
SBA Loans for HVAC and Plumbing Contractors
SBA lenders funded 15,286 7(a) and 504 loans for hvac and plumbing contractors since FY2010 (1.5% of all SBA lending in the data), totaling $5.3B, an average of $346K 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 Plumbing, Heating, and Air-Conditioning Contractors (NAICS 238220). 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 3.4% — 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 Construction, the sector that includes hvac and plumbing contractors
Ranked by SBA loans funded across Construction (NAICS 23), the full sector that contains Plumbing, Heating, and Air-Conditioning Contractors (NAICS 238220). The sector is broader than hvac and plumbing contractors 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 hvac and plumbing contractors. 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 | 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.
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Top states for hvac and plumbing contractors SBA loans
| State | Loans | Total volume |
|---|---|---|
| California | 1,817 | $849.0M |
| Florida | 1,056 | $461.1M |
| Texas | 994 | $388.5M |
| New York | 936 | $249.9M |
| Colorado | 452 | $228.2M |
| Arizona | 441 | $208.6M |
| Pennsylvania | 556 | $194.0M |
| Ohio | 945 | $174.9M |
| Washington | 397 | $167.9M |
| Illinois | 528 | $157.8M |
SBA lending for hvac and plumbing contractors by year
Funded SBA volume by approval fiscal year (FY2010–2026).
SBA loans for hvac and plumbing contractors: frequently asked questions
Can you get an SBA loan for hvac and plumbing contractors?
Yes. Lenders funded 15,286 SBA 7(a) and 504 loans for hvac and plumbing contractors in the public data (as of 2026-03-31), 1.5% of all SBA lending, totaling $5.3B.
How much is a typical SBA loan for hvac and plumbing contractors?
The average SBA loan for hvac and plumbing contractors is $346K, across 15,286 funded loans. Your amount depends on use of funds, cash flow, and the lender.
Which SBA lenders fund hvac and plumbing contractors?
Live Oak Banking Company, The Huntington National Bank, Wells Fargo Bank National Association are among the most active SBA lenders for hvac and plumbing contractors by funded volume. A lender that regularly funds your situation is more likely to understand the deal.