How much do SBA lenders typically lend to a tile and terrazzo contractors business?

The median SBA approval in NAICS 238340 is $100,000, with the middle 80% of loans between $15,500 and $750,000. Across all industries the median is $180,000.

Which lenders are most active in tile and terrazzo contractors?

By dollars approved: Wells Fargo Bank, The Huntington National Bank, JPMorgan Chase Bank, U.S. Bank, Live Oak Banking Company. 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 tile and terrazzo 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 238340 · Construction

SBA loans for tile and terrazzo contractors

1,095 SBA loans worth $334.7M have been approved in this industry since FY2010 - the #189 most-financed NAICS code in the country.

Median loan

$100,000

-44% vs all industries

Typical range

$16K-$750K

Middle 80%

Median rate

7.50%

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
Wells Fargo Bank	60	$16.2M
The Huntington National Bank	68	$15.9M
JPMorgan Chase Bank	78	$12.2M
U.S. Bank	127	$10.5M
Live Oak Banking Company	4	$10.4M
Mortgage Capital Development Corporation	10	$9.2M
First Internet Bank of Indiana	5	$8.1M
Enterprise Bank & Trust	10	$8.0M
Florida Business Development Corporation	6	$7.4M
Business Finance Capital	8	$6.1M

Geography

Where these loans were made

State	Loans	Share
California	181
Florida	89
New York	80
Texas	49
Colorado	47
Michigan	44
Massachusetts	43
Illinois	32

Approvals by fiscal year

’10

’11

’12

’13

’14

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’16

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’18

’19

’20

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
32%
$50K - $150K
25%
$150K - $350K
19%
$350K - $1M
17%
$1M - $2M
5%
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 tile and terrazzo contractors business?: The median SBA approval in NAICS 238340 is $100,000, with the middle 80% of loans between $15,500 and $750,000. Across all industries the median is $180,000.
Which lenders are most active in tile and terrazzo contractors?: By dollars approved: Wells Fargo Bank, The Huntington National Bank, JPMorgan Chase Bank, U.S. Bank, Live Oak Banking Company. 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 tile and terrazzo 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.

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