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

The median SBA approval in NAICS 238350 is $70,000, with the middle 80% of loans between $15,000 and $520,000. Across all industries the median is $180,000.

Which lenders are most active in finish carpentry contractors?

By dollars approved: The Huntington National Bank, Wells Fargo Bank, TD Bank, JPMorgan Chase Bank, Florida Business Development Corporation. 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 finish carpentry contractors considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 238350 · Construction

SBA loans for finish carpentry contractors

2,969 SBA loans worth $685.5M have been approved in this industry since FY2010 - the #81 most-financed NAICS code in the country.

Median loan

$70,000

-61% vs all industries

Typical range

$15K-$520K

Middle 80%

Median rate

8.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

8.8%

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	298	$38.1M
Wells Fargo Bank	148	$26.1M
TD Bank	270	$21.6M
JPMorgan Chase Bank	154	$20.0M
Florida Business Development Corporation	29	$17.3M
U.S. Bank	302	$16.4M
Newtek Bank	54	$15.2M
First Internet Bank of Indiana	6	$14.0M
KeyBank	45	$14.0M
Pathward	4	$13.5M

Geography

Where these loans were made

State	Loans	Share
Florida	295
California	266
Ohio	237
New York	203
Massachusetts	172
Michigan	120
Texas	116
New Jersey	95

Approvals by fiscal year

’10

’11

’12

’13

’14

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’16

’17

’18

’19

’20

’21

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’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
39%
$50K - $150K
27%
$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 finish carpentry contractors business?: The median SBA approval in NAICS 238350 is $70,000, with the middle 80% of loans between $15,000 and $520,000. Across all industries the median is $180,000.
Which lenders are most active in finish carpentry contractors?: By dollars approved: The Huntington National Bank, Wells Fargo Bank, TD Bank, JPMorgan Chase Bank, Florida Business Development Corporation. 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 finish carpentry contractors considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

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