How much do SBA lenders typically lend to a other heavy and civil engineering construction business?

The median SBA approval in NAICS 237990 is $248,000, with the middle 80% of loans between $38,400 and $1,500,000. Across all industries the median is $180,000.

Which lenders are most active in other heavy and civil engineering construction?

By dollars approved: Newtek Small Business Finance, Inc., Live Oak Banking Company, The Huntington National Bank, Old National Bank, Washington Trust 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 other heavy and civil engineering construction considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.3% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 237990 · Construction

SBA loans for other heavy and civil engineering construction

1,481 SBA loans worth $846.4M have been approved in this industry since FY2010 - the #150 most-financed NAICS code in the country.

Median loan

$248,000

+38% vs all industries

Typical range

$38K-$1.5M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

4.3%

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
Newtek Small Business Finance, Inc.	22	$31.0M
Live Oak Banking Company	9	$21.6M
The Huntington National Bank	79	$19.0M
Old National Bank	19	$16.7M
Washington Trust Bank	8	$15.2M
KeyBank	26	$14.2M
BancFirst	16	$12.1M
Fifth Third Bank	17	$11.6M
BMO Bank	10	$9.8M
Enterprise Bank & Trust	9	$9.8M

Geography

Where these loans were made

State	Loans	Share
California	169
Florida	101
Texas	90
Ohio	81
Minnesota	76
New York	69
Massachusetts	63
Washington	52

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
12%
$50K - $150K
23%
$150K - $350K
25%
$350K - $1M
23%
$1M - $2M
10%
Over $2M
7%

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 other heavy and civil engineering construction business?: The median SBA approval in NAICS 237990 is $248,000, with the middle 80% of loans between $38,400 and $1,500,000. Across all industries the median is $180,000.
Which lenders are most active in other heavy and civil engineering construction?: By dollars approved: Newtek Small Business Finance, Inc., Live Oak Banking Company, The Huntington National Bank, Old National Bank, Washington Trust 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 other heavy and civil engineering construction considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 4.3% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.