How much do SBA lenders typically lend to a highway, street, and bridge construction business?

The median SBA approval in NAICS 237310 is $200,000, with the middle 80% of loans between $27,000 and $1,250,000. Across all industries the median is $180,000.

Which lenders are most active in highway, street, and bridge construction?

By dollars approved: The Huntington National Bank, Pinnacle Bank, Truist Bank, JPMorgan Chase Bank, CDC Small Business Finance Corp.. 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 highway, street, and bridge construction considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.6% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 237310 · Construction

SBA loans for highway, street, and bridge construction

1,729 SBA loans worth $812.6M have been approved in this industry since FY2010 - the #133 most-financed NAICS code in the country.

Median loan

$200,000

+11% vs all industries

Typical range

$27K-$1.3M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

5.6%

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	130	$40.6M
Pinnacle Bank	7	$18.4M
Truist Bank	20	$17.0M
JPMorgan Chase Bank	71	$13.8M
CDC Small Business Finance Corp.	12	$12.8M
Newtek Small Business Finance, Inc.	7	$12.2M
Renasant Bank	4	$11.7M
Manufacturers and Traders Trust Company	47	$10.6M
KeyBank	28	$10.4M
Empire State Certified Development Corporation	7	$10.1M

Geography

Where these loans were made

State	Loans	Share
California	129
Ohio	97
Texas	94
Minnesota	83
Florida	81
Utah	78
New York	70
Oregon	66

Approvals by fiscal year

’10

’11

’12

’13

’14

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’16

’17

’18

’19

’20

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’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
16%
$50K - $150K
24%
$150K - $350K
24%
$350K - $1M
22%
$1M - $2M
8%
Over $2M
5%

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 highway, street, and bridge construction business?: The median SBA approval in NAICS 237310 is $200,000, with the middle 80% of loans between $27,000 and $1,250,000. Across all industries the median is $180,000.
Which lenders are most active in highway, street, and bridge construction?: By dollars approved: The Huntington National Bank, Pinnacle Bank, Truist Bank, JPMorgan Chase Bank, CDC Small Business Finance Corp.. 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 highway, street, and bridge construction considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.6% were charged off, versus 7.6% across all SBA lending. That is close to average.

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