How Much Can Drywall and Insulation Contractors Businesses Get in SBA Loans?
3,570 SBA loans totaling $803.3M have been approved for drywall and insulation contractors businesses (NAICS 238310). The average approved SBA loan is $225K, which is 34% below avg the $340K national average. 529 active lenders fund this industry with a 19.1% default rate on the matured 2018-2021 loan cohort.
At 19.1%, Drywall and Insulation Contractors sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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 238310 (Drywall and Insulation Contractors) received 3,570 SBA loans worth $803.3M across 5+ states. Average loan $225K, average term 104 months, 19.1% default rate (resolved-loan basis).529 active SBA-approved lenders fund this industry. Most drywall and insulation contractors loans use the SBA 7(a) program. There are approximately 20,162 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Drywall and Insulation Contractors?+12% growth
Which SBA Program Do Drywall and Insulation Contractors Businesses Use Most?
What Is the Best SBA Loan for Drywall and Insulation Contractors?
The most widely used SBA program for drywall and insulation contractors businesses — flexible terms, multiple use cases
Where Are Drywall and Insulation Contractors SBA Loans Most Common?
Top SBA Lenders for Drywall and Insulation Contractors
These banks have funded the most SBA loans for drywall and insulation contractors businesses (NAICS 238310). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | U.S. Bank, National Association(OH) | 355 | $23.0M |
| 2 | The Huntington National Bank(OH) | 301 | $59.0M |
| 3 | Wells Fargo Bank National Association(SD) | 208 | $27.8M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 186 | $25.2M |
| 5 | Bank of America, National Association(NC) | 122 | $13.3M |
Drywall and Insulation Contractors Industry Context
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How Does SBA Lending Work for Drywall and Insulation Contractors Businesses?
Across all SBA loan programs, 3,570 loans have been approved for businesses classified under NAICS 238310 (Drywall and Insulation Contractors), representing $803.3M in total capital deployed. The average approved loan of $225K is 34% below avg the national SBA average of $340K, with typical repayment terms of 104 months.
SBA lending for drywall and insulation contractors is accelerating — loan volume has grown approximately 12% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The industry sees a balanced mix of SBA programs, with 7% 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 drywall and insulation 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 — Drywall and Insulation Contractors SBA Loans
What is the average SBA loan size for drywall and insulation contractors businesses?
Which SBA loan program is best for a drywall and insulation contractors business?
How many lenders fund SBA loans for drywall and insulation contractors?
What states have the most SBA lending for drywall and insulation contractors?
How does PeerSense help drywall and insulation contractors businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Drywall and Insulation Contractors defined by NAICS code 238310. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.