How Much Can Flooring Contractors Businesses Get in SBA Loans?
4,489 SBA loans totaling $1.0B have been approved for flooring contractors businesses (NAICS 238330). The average approved SBA loan is $233K, which is 31% below avg the $340K national average. 545 active lenders fund this industry with a 21.4% default rate on the matured 2018-2021 loan cohort.
At 21.4%, Flooring 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.
NAICS 238330 (Flooring Contractors) received 4,489 SBA loans worth $1.0B across 5+ states. Average loan $233K, average term 111 months, 21.4% default rate (resolved-loan basis).545 active SBA-approved lenders fund this industry. Most flooring contractors loans use the SBA 7(a) program.
Is SBA Lending Growing for Flooring Contractors?+14% growth
Which SBA Program Do Flooring Contractors Businesses Use Most?
What Is the Best SBA Loan for Flooring Contractors?
The most widely used SBA program for flooring contractors businesses — flexible terms, multiple use cases
Where Are Flooring Contractors SBA Loans Most Common?
Top SBA Lenders for Flooring Contractors
These banks have funded the most SBA loans for flooring contractors businesses (NAICS 238330). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | U.S. Bank, National Association(OH) | 437 | $43.3M |
| 2 | The Huntington National Bank(OH) | 327 | $46.5M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 294 | $34.5M |
| 4 | Wells Fargo Bank National Association(SD) | 275 | $60.2M |
| 5 | Bank of America, National Association(NC) | 195 | $13.4M |
Flooring Contractors Industry Context
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PeerSense places SBA loans for flooring contractors 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 Flooring Contractors Businesses?
Across all SBA loan programs, 4,489 loans have been approved for businesses classified under NAICS 238330 (Flooring Contractors), representing $1.0B in total capital deployed. The average approved loan of $233K is 31% below avg the national SBA average of $340K, with typical repayment terms of 111 months.
SBA lending for flooring contractors is accelerating — loan volume has grown approximately 14% 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 flooring 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 — Flooring Contractors SBA Loans
What is the average SBA loan size for flooring contractors businesses?
Which SBA loan program is best for a flooring contractors business?
How many lenders fund SBA loans for flooring contractors?
What states have the most SBA lending for flooring contractors?
How does PeerSense help flooring contractors businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Flooring Contractors defined by NAICS code 238330. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.