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

The median SBA approval in NAICS 238160 is $150,000, with the middle 80% of loans between $25,000 and $887,000. Across all industries the median is $180,000.

Which lenders are most active in roofing contractors?

By dollars approved: The Huntington National Bank, Wells Fargo Bank, Live Oak Banking Company, JPMorgan Chase Bank, U.S. 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 roofing contractors considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.6% 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 238160 · Construction

SBA loans for roofing contractors

3,918 SBA loans worth $1.42B have been approved in this industry since FY2010 - the #62 most-financed NAICS code in the country.

Median loan

$150,000

-17% vs all industries

Typical range

$25K-$887K

Middle 80%

Median rate

7.75%

7(a) initial note rate

Median term

10 yr

Charge-off rate

10.6%

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	517	$103.7M
Wells Fargo Bank	208	$55.7M
Live Oak Banking Company	33	$48.1M
JPMorgan Chase Bank	237	$42.3M
U.S. Bank	299	$33.3M
First Bank of the Lake	30	$32.3M
Newtek Bank	58	$26.6M
Readycap Lending, LLC	62	$26.0M
Newtek Small Business Finance, Inc.	41	$25.7M
Pathward	13	$24.7M

Geography

Where these loans were made

State	Loans	Share
Texas	397
Ohio	324
California	323
Florida	315
Colorado	208
Illinois	149
New York	149
Michigan	144

Approvals by fiscal year

’10

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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 roofing contractors business?: The median SBA approval in NAICS 238160 is $150,000, with the middle 80% of loans between $25,000 and $887,000. Across all industries the median is $180,000.
Which lenders are most active in roofing contractors?: By dollars approved: The Huntington National Bank, Wells Fargo Bank, Live Oak Banking Company, JPMorgan Chase Bank, U.S. 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 roofing contractors considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.6% 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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