Skip to main content
Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
NAICS 238350ConstructionLending Growing

How Much Can Finish Carpentry Contractors Businesses Get in SBA Loans?

4,323 SBA loans totaling $787.4M have been approved for finish carpentry contractors businesses (NAICS 238350). The average approved SBA loan is $182K, which is 47% below avg the $340K national average. 528 active lenders fund this industry with a 21.2% default rate on the matured 2018-2021 loan cohort.

Elevated default risk21.2% vs 15.4% all-industry avg

At 21.2%, Finish Carpentry Contractors sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated 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.

Quick Answer

NAICS 238350 (Finish Carpentry Contractors) received 4,323 SBA loans worth $787.4M across 5+ states. Average loan $182K, average term 108 months, 21.2% default rate (resolved-loan basis).528 active SBA-approved lenders fund this industry. Most finish carpentry contractors loans use the SBA 7(a) program.

4,323
Total SBA Loans
$787.4M
Total Volume
$182K
Avg Loan Size
47% below avg
528
Active Lenders
108 mo
Avg Term
17% below avg
25,978
Jobs Supported

Is SBA Lending Growing for Finish Carpentry Contractors?+48% growth

186
197
197
194
143
168
175
201
277
297
16
17
18
19
20
21
22
23
24
25
$21.6M
$29.5M
$32.2M
$35.4M
$41.7M
$64.2M
$55.2M
$42.2M
$86.0M
$96.2M

Which SBA Program Do Finish Carpentry Contractors Businesses Use Most?

SBA 7(a)4,005 (93%)
SBA 504318 (7%)

What Is the Best SBA Loan for Finish Carpentry Contractors?

SBA 7(a)

The most widely used SBA program for finish carpentry contractors businesses — flexible terms, multiple use cases

Industry avg loan: $182K
Typical term: 108 months
Historical avg rate: 8.10%
528+ lenders active in this industry
Default rate (2018–21 matured cohort): 21.2%

Where Are Finish Carpentry Contractors SBA Loans Most Common?

#1
CA
414 loans
$116.7M
#2
FL
389 loans
$125.0M
#3
OH
286 loans
$32.0M
#4
NY
282 loans
$37.0M
#5
MA
238 loans
$25.1M

Top SBA Lenders for Finish Carpentry Contractors

These banks have funded the most SBA loans for finish carpentry contractors businesses (NAICS 238350). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1U.S. Bank, National Association(OH)459$24.7M
2The Huntington National Bank(OH)290$32.8M
3TD Bank, National Association(DE)274$21.1M
4JPMorgan Chase Bank, National Association(OH)220$21.7M
5Wells Fargo Bank National Association(SD)212$34.9M

Ready to Fund Your Finish Carpentry Contractors Business?

PeerSense places SBA loans for finish carpentry contractors businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Finish Carpentry Contractors business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Finish Carpentry Contractors Businesses?

Across all SBA loan programs, 4,323 loans have been approved for businesses classified under NAICS 238350 (Finish Carpentry Contractors), representing $787.4M in total capital deployed. The average approved loan of $182K is 47% below avg the national SBA average of $340K, with typical repayment terms of 108 months.

SBA lending for finish carpentry contractors is accelerating — loan volume has grown approximately 48% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

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 finish 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 — Finish Carpentry Contractors SBA Loans

What is the average SBA loan size for finish carpentry contractors businesses?
Based on 4,323 approved SBA loans, the average loan size for finish carpentry contractors (NAICS 238350) is $182K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a finish carpentry contractors business?
SBA 7(a) is the most commonly used SBA program for finish carpentry contractors businesses. The most widely used SBA program for finish carpentry contractors businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for finish carpentry contractors?
528 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the finish carpentry contractors sector.
What states have the most SBA lending for finish carpentry contractors?
CA leads with 414 SBA loans and $116.7M in total volume for finish carpentry contractors businesses. FL, OH, NY also show strong lending activity in this sector.
How does PeerSense help finish carpentry contractors businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the finish carpentry contractors industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Finish Carpentry Contractors defined by NAICS code 238350. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.