How much do SBA lenders typically lend to a water and sewer line and related structures construction business?

The median SBA approval in NAICS 237110 is $150,000, with the middle 80% of loans between $25,000 and $942,000. Across all industries the median is $180,000.

Which lenders are most active in water and sewer line and related structures construction?

By dollars approved: The Huntington National Bank, JPMorgan Chase Bank, First Internet Bank of Indiana, Wells Fargo Bank, Enterprise Bank & Trust. 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 water and sewer line and related structures construction considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.2% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 237110 · Construction

SBA loans for water and sewer line and related structures construction

1,126 SBA loans worth $442.8M have been approved in this industry since FY2010 - the #184 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$25K-$942K

Middle 80%

Median rate

6.50%

7(a) initial note rate

Median term

9.3 yr

Charge-off rate

6.2%

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	120	$21.5M
JPMorgan Chase Bank	47	$12.2M
First Internet Bank of Indiana	6	$12.2M
Wells Fargo Bank	44	$9.8M
Enterprise Bank & Trust	6	$9.6M
Financial Resources Federal Credit Union	4	$9.4M
Newtek Bank	8	$9.3M
U.S. Bank	69	$8.8M
Pathward	3	$6.8M
SouthWest Bank	4	$6.7M

Geography

Where these loans were made

State	Loans	Share
California	114
Texas	100
Ohio	76
Florida	63
Michigan	57
Minnesota	41
Wisconsin	37
Idaho	37

Approvals by fiscal year

’10

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
21%
$50K - $150K
27%
$150K - $350K
24%
$350K - $1M
19%
$1M - $2M
6%
Over $2M
3%

Nearby

Other construction industries

See the sector

All Other Specialty Trade Contractors15,723 · $150,000 Residential Remodelers15,599 · $50,000 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

Common questions

How much do SBA lenders typically lend to a water and sewer line and related structures construction business?: The median SBA approval in NAICS 237110 is $150,000, with the middle 80% of loans between $25,000 and $942,000. Across all industries the median is $180,000.
Which lenders are most active in water and sewer line and related structures construction?: By dollars approved: The Huntington National Bank, JPMorgan Chase Bank, First Internet Bank of Indiana, Wells Fargo Bank, Enterprise Bank & Trust. 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 water and sewer line and related structures construction considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.2% were charged off, versus 7.6% across all SBA lending. That is close to average.

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