How much do SBA lenders typically lend to a masonry contractors business?

The median SBA approval in NAICS 238140 is $75,000, with the middle 80% of loans between $20,000 and $500,000. Across all industries the median is $180,000.

Which lenders are most active in masonry contractors?

By dollars approved: The Huntington National Bank, JPMorgan Chase Bank, TD Bank, U.S. Bank, Wells Fargo 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 masonry contractors considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.4% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 238140 · Construction

SBA loans for masonry contractors

1,784 SBA loans worth $380.2M have been approved in this industry since FY2010 - the #127 most-financed NAICS code in the country.

Median loan

$75,000

-58% vs all industries

Typical range

$20K-$500K

Middle 80%

Median rate

7.50%

7(a) initial note rate

Median term

7.6 yr

Charge-off rate

7.4%

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	241	$29.8M
JPMorgan Chase Bank	135	$19.5M
TD Bank	173	$13.1M
U.S. Bank	165	$12.3M
Wells Fargo Bank	57	$12.1M
Columbia Bank	18	$10.2M
Newtek Small Business Finance, Inc.	9	$9.5M
Newtek Bank	6	$8.6M
First Internet Bank of Indiana	5	$7.6M
Live Oak Banking Company	5	$7.4M

Geography

Where these loans were made

State	Loans	Share
Ohio	205
New York	190
California	106
Massachusetts	105
Texas	94
Illinois	88
Pennsylvania	82
Michigan	78

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
35%
$50K - $150K
32%
$150K - $350K
19%
$350K - $1M
10%
$1M - $2M
3%
Over $2M
2%

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 masonry contractors business?: The median SBA approval in NAICS 238140 is $75,000, with the middle 80% of loans between $20,000 and $500,000. Across all industries the median is $180,000.
Which lenders are most active in masonry contractors?: By dollars approved: The Huntington National Bank, JPMorgan Chase Bank, TD Bank, U.S. Bank, Wells Fargo 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 masonry contractors considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.4% were charged off, versus 7.6% across all SBA lending. That is close to average.

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