How Much Can Construction and Mining (except Oil Well) Machinery and Equipment Whol Businesses Get in SBA Loans?
304 SBA loans totaling $101.0M have been approved for construction and mining (except oil well) machinery and equipment whol businesses (NAICS 421810). The average approved SBA loan is $332K, which is near national avg the $340K national average. 122 active lenders fund this industry with a 4.6% default rate on the matured 2018-2021 loan cohort.
At 4.6%, Construction and Mining (except Oil Well) Machinery and Equipment Whol sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low 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 421810 (Construction and Mining (except Oil Well) Machinery and Equipment Whol) received 304 SBA loans worth $101.0M across 5+ states. Average loan $332K, average term 124 months, 4.6% default rate (resolved-loan basis).122 active SBA-approved lenders fund this industry. Most construction and mining (except oil well) machinery and equipment whol loans use the SBA 7(a) program. There are approximately 388,706 U.S. establishments in this industry (Census 2022).
Which SBA Program Do Construction and Mining (except Oil Well) Machinery and Equipment Whol Businesses Use Most?
What Is the Best SBA Loan for Construction and Mining (except Oil Well) Machinery and Equipment Whol?
The most widely used SBA program for construction and mining (except oil well) machinery and equipment whol businesses — flexible terms, multiple use cases
Where Are Construction and Mining (except Oil Well) Machinery and Equipment Whol SBA Loans Most Common?
Top SBA Lenders for Construction and Mining (except Oil Well) Machinery and Equipment Whol
These banks have funded the most SBA loans for construction and mining (except oil well) machinery and equipment whol businesses (NAICS 421810). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 36 | $15.5M |
| 2 | U.S. Bank, National Association(OH) | 18 | $8.5M |
| 3 | Bank of America, National Association(NC) | 16 | $4.7M |
| 4 | Citizens Bank, National Association(RI) | 11 | $875K |
| 5 | PNC Bank, National Association(DE) | 10 | $2.0M |
Construction and Mining (except Oil Well) Machinery and Equipment Whol Industry Context
Ready to Fund Your Construction and Mining (except Oil Well) Machinery and Equipment Whol Business?
PeerSense places SBA loans for construction and mining (except oil well) machinery and equipment whol businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Construction and Mining (except Oil Well) Machinery and Equipment Whol Businesses?
Across all SBA loan programs, 304 loans have been approved for businesses classified under NAICS 421810 (Construction and Mining (except Oil Well) Machinery and Equipment Whol), representing $101.0M in total capital deployed. The average approved loan of $332K is near national avg the national SBA average of $340K, with typical repayment terms of 124 months.
SBA lending for construction and mining (except oil well) machinery and equipment whol has remained relatively stable across recent fiscal years. 122 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 13% 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 construction and mining (except oil well) machinery and equipment whol 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 — Construction and Mining (except Oil Well) Machinery and Equipment Whol SBA Loans
What is the average SBA loan size for construction and mining (except oil well) machinery and equipment whol businesses?
Which SBA loan program is best for a construction and mining (except oil well) machinery and equipment whol business?
How many lenders fund SBA loans for construction and mining (except oil well) machinery and equipment whol?
What states have the most SBA lending for construction and mining (except oil well) machinery and equipment whol?
How does PeerSense help construction and mining (except oil well) machinery and equipment whol businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Construction and Mining (except Oil Well) Machinery and Equipment Whol defined by NAICS code 421810. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.