How Much Can Highway and Street Construction Businesses Get in SBA Loans?
1,172 SBA loans totaling $313.1M have been approved for highway and street construction businesses (NAICS 234110). The average approved SBA loan is $267K, which is 22% below avg the $340K national average. 329 active lenders fund this industry with a 9.7% default rate on the matured 2018-2021 loan cohort.
At 9.7%, Highway and Street Construction 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. The capital source prices this risk into rate and structure.
NAICS 234110 (Highway and Street Construction) received 1,172 SBA loans worth $313.1M across 5+ states. Average loan $267K, average term 96 months, 9.7% default rate (resolved loan basis).329 active SBA approved lenders fund this industry. Most highway and street construction loans use the SBA 7(a) program. There are approximately 800,651 U.S. establishments in this industry (Census 2022).
Which SBA Program Do Highway and Street Construction Businesses Use Most?
What Is the Best SBA Loan for Highway and Street Construction?
The most widely used SBA program for highway and street construction businesses: flexible terms, multiple use cases
Where Are Highway and Street Construction SBA Loans Most Common?
SBA Lending Activity in Highway and Street Construction
329 SBA lenders have funded 1,172 loans to highway and street construction businesses (NAICS 234110). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.
Highway and Street Construction Industry Context
Talk to PeerSense
PeerSense sources capital for highway and street construction businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Highway and Street Construction business.
Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.
SBA 7(a) / 504: PeerSense will reach out. No obligation.
How Does SBA Lending Work for Highway and Street Construction Businesses?
Across all SBA loan programs, 1,172 loans have been approved for businesses classified under NAICS 234110 (Highway and Street Construction), representing $313.1M in total capital deployed. The average approved loan of $267K is 22% below avg the national SBA average of $340K, with typical repayment terms of 96 months.
SBA lending for highway and street construction has remained relatively stable across recent fiscal years. 329 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 6% 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.
Talk to PeerSense about a highway and street construction file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
Frequently Asked Questions: Highway and Street Construction SBA Loans
What is the average SBA loan size for highway and street construction businesses?
Which SBA loan program is best for a highway and street construction business?
How many lenders fund SBA loans for highway and street construction?
What states have the most SBA lending for highway and street construction?
How does PeerSense help highway and street construction businesses get SBA loans?
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New Single-Family Housing Construction (except Operative Builders)
Site Preparation Contractors
Data aggregated from SBA loan records (1992 to 2025). Highway and Street Construction defined by NAICS code 234110. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.