How Much Can Carpentry Contractors Businesses Get in SBA Loans?
1,315 SBA loans totaling $184.2M have been approved for carpentry contractors businesses (NAICS 235510). The average approved SBA loan is $140K, which is 59% below avg the $340K national average. 304 active lenders fund this industry with a 12.6% default rate on the matured 2018-2021 loan cohort.
At 12.6%, Carpentry Contractors sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 235510 (Carpentry Contractors) received 1,315 SBA loans worth $184.2M across 5+ states. Average loan $140K, average term 115 months, 12.6% default rate (resolved-loan basis).304 active SBA-approved lenders fund this industry. Most carpentry contractors loans use the SBA 7(a) program. There are approximately 800,651 U.S. establishments in this industry (Census 2022).
Which SBA Program Do Carpentry Contractors Businesses Use Most?
What Is the Best SBA Loan for Carpentry Contractors?
The most widely used SBA program for carpentry contractors businesses — flexible terms, multiple use cases
Where Are Carpentry Contractors SBA Loans Most Common?
Top SBA Lenders for Carpentry Contractors
These banks have funded the most SBA loans for carpentry contractors businesses (NAICS 235510). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 140 | $7.6M |
| 2 | Wells Fargo Bank National Association(SD) | 103 | $24.1M |
| 3 | Citizens Bank, National Association(RI) | 102 | $3.4M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 67 | $4.4M |
| 5 | U.S. Bank, National Association(OH) | 55 | $8.8M |
Carpentry Contractors Industry Context
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How Does SBA Lending Work for Carpentry Contractors Businesses?
Across all SBA loan programs, 1,315 loans have been approved for businesses classified under NAICS 235510 (Carpentry Contractors), representing $184.2M in total capital deployed. The average approved loan of $140K is 59% below avg the national SBA average of $340K, with typical repayment terms of 115 months.
SBA lending for carpentry contractors has remained relatively stable across recent fiscal years. 304 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The industry sees a balanced mix of SBA programs, with 10% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching carpentry contractors business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Carpentry Contractors SBA Loans
What is the average SBA loan size for carpentry contractors businesses?
Which SBA loan program is best for a carpentry contractors business?
How many lenders fund SBA loans for carpentry contractors?
What states have the most SBA lending for carpentry contractors?
How does PeerSense help carpentry contractors businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Carpentry Contractors defined by NAICS code 235510. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.