How much do SBA lenders typically lend to a drywall and insulation contractors business?

The median SBA approval in NAICS 238310 is $100,000, with the middle 80% of loans between $20,000 and $696,000. Across all industries the median is $180,000.

Which lenders are most active in drywall and insulation contractors?

By dollars approved: The Huntington National Bank, JPMorgan Chase Bank, Wells Fargo Bank, Newtek Small Business Finance, Inc., 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 drywall and insulation contractors considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.5% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 238310 · Construction

SBA loans for drywall and insulation contractors

2,424 SBA loans worth $691.0M have been approved in this industry since FY2010 - the #96 most-financed NAICS code in the country.

Median loan

$100,000

-44% vs all industries

Typical range

$20K-$696K

Middle 80%

Median rate

7.75%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.5%

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	310	$63.2M
JPMorgan Chase Bank	125	$23.6M
Wells Fargo Bank	101	$18.1M
Newtek Small Business Finance, Inc.	15	$17.3M
U.S. Bank	215	$13.7M
Truist Bank	17	$12.6M
Pinnacle Bank	11	$11.4M
Manufacturers and Traders Trust Company	88	$11.1M
Mortgage Capital Development Corporation	10	$10.9M
OakStar Bank	8	$10.6M

Geography

Where these loans were made

State	Loans	Share
California	230
Texas	179
Ohio	157
New York	152
Florida	142
Massachusetts	130
Minnesota	114
Colorado	92

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
27%
$50K - $150K
29%
$150K - $350K
22%
$350K - $1M
15%
$1M - $2M
4%
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 drywall and insulation contractors business?: The median SBA approval in NAICS 238310 is $100,000, with the middle 80% of loans between $20,000 and $696,000. Across all industries the median is $180,000.
Which lenders are most active in drywall and insulation contractors?: By dollars approved: The Huntington National Bank, JPMorgan Chase Bank, Wells Fargo Bank, Newtek Small Business Finance, Inc., 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 drywall and insulation contractors considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.5% were charged off, versus 7.6% across all SBA lending. That is close to average.

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