How much do SBA lenders typically lend to a residential remodelers business?

The median SBA approval in NAICS 236118 is $50,000, with the middle 80% of loans between $15,000 and $340,000. Across all industries the median is $180,000.

Which lenders are most active in residential remodelers?

By dollars approved: The Huntington National Bank, TD Bank, U.S. Bank, JPMorgan Chase Bank, United Midwest Savings Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is residential remodelers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 12.7% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 236118 · Construction

SBA loans for residential remodelers

15,599 SBA loans worth $2.39B have been approved in this industry since FY2010 - the #10 most-financed NAICS code in the country.

Median loan

$50,000

-72% vs all industries

Typical range

$15K-$340K

Middle 80%

Median rate

8.74%

7(a) initial note rate

Median term

10 yr

Charge-off rate

12.7%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
The Huntington National Bank	2,069	$197.7M
TD Bank	1,609	$117.4M
U.S. Bank	2,083	$99.2M
JPMorgan Chase Bank	800	$93.5M
United Midwest Savings Bank	455	$79.0M
Wells Fargo Bank	1,063	$76.5M
BayFirst National Bank	364	$63.8M
Manufacturers and Traders Trust Company	702	$53.9M
Northeast Bank	319	$49.6M
Newtek Small Business Finance, Inc.	81	$46.9M

Geography

Where these loans were made

State	Loans	Share
California	1,570
Ohio	1,440
New York	1,403
Florida	863
Texas	725
Massachusetts	675
New Jersey	663
Pennsylvania	658

Approvals by fiscal year

’10

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
43%
$50K - $150K
30%
$150K - $350K
17%
$350K - $1M
7%
$1M - $2M
2%
Over $2M
1%

Nearby

Other construction industries

See the sector

All Other Specialty Trade Contractors15,723 · $150,000 Plumbing, Heating, and Air-Conditioning Contractors15,587 · $141,000 Electrical Contractors and Other Wiring Installation Contractors10,910 · $100,000 Commercial and Institutional Building Construction6,348 · $150,000 Site Preparation Contractors6,105 · $100,500 New Single-Family Housing Construction5,855 · $75,000 Painting and Wall Covering Contractors4,412 · $60,000 Roofing Contractors3,918 · $150,000

Common questions

How much do SBA lenders typically lend to a residential remodelers business?: The median SBA approval in NAICS 236118 is $50,000, with the middle 80% of loans between $15,000 and $340,000. Across all industries the median is $180,000.
Which lenders are most active in residential remodelers?: By dollars approved: The Huntington National Bank, TD Bank, U.S. Bank, JPMorgan Chase Bank, United Midwest Savings Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is residential remodelers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 12.7% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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