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NAICS 238140Construction

How Much Can Masonry Contractors Businesses Get in SBA Loans?

2,773 SBA loans totaling $480.1M have been approved for masonry contractors businesses (NAICS 238140). The average approved SBA loan is $173K, which is 49% below avg the $340K national average. 428 active lenders fund this industry with a 19.2% default rate on the matured 2018-2021 loan cohort.

Above average default risk19.2% vs 15.4% all-industry avg

At 19.2%, Masonry 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.

Quick Answer

NAICS 238140 (Masonry Contractors) received 2,773 SBA loans worth $480.1M across 5+ states. Average loan $173K, average term 98 months, 19.2% default rate (resolved-loan basis).428 active SBA-approved lenders fund this industry. Most masonry contractors loans use the SBA 7(a) program.

2,773
Total SBA Loans
$480.1M
Total Volume
$173K
Avg Loan Size
49% below avg
428
Active Lenders
98 mo
Avg Term
25% below avg
25,527
Jobs Supported

Is SBA Lending Growing for Masonry Contractors?

114
130
131
134
81
75
92
114
132
125
16
17
18
19
20
21
22
23
24
25
$19.5M
$21.6M
$21.6M
$24.3M
$22.2M
$37.3M
$20.8M
$30.4M
$28.2M
$33.8M

Which SBA Program Do Masonry Contractors Businesses Use Most?

SBA 7(a)2,641 (95%)
SBA 504132 (5%)

What Is the Best SBA Loan for Masonry Contractors?

SBA 7(a)

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

Industry avg loan: $173K
Typical term: 98 months
Historical avg rate: 7.70%
428+ lenders active in this industry
Default rate (2018–21 matured cohort): 19.2%

Where Are Masonry Contractors SBA Loans Most Common?

#1
NY
274 loans
$40.8M
#2
OH
248 loans
$32.1M
#3
CA
193 loans
$54.9M
#4
TX
143 loans
$38.0M
#5
PA
136 loans
$24.9M

Top SBA Lenders for Masonry Contractors

These banks have funded the most SBA loans for masonry contractors businesses (NAICS 238140). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1U.S. Bank, National Association(OH)281$19.6M
2The Huntington National Bank(OH)243$30.0M
3JPMorgan Chase Bank, National Association(OH)210$23.4M
4TD Bank, National Association(DE)170$12.5M
5Bank of America, National Association(NC)131$5.6M

Ready to Fund Your Masonry Contractors Business?

PeerSense places SBA loans for masonry 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 Masonry 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 Masonry Contractors Businesses?

Across all SBA loan programs, 2,773 loans have been approved for businesses classified under NAICS 238140 (Masonry Contractors), representing $480.1M in total capital deployed. The average approved loan of $173K is 49% below avg the national SBA average of $340K, with typical repayment terms of 98 months.

SBA lending for masonry contractors has remained relatively stable across recent fiscal years. 428 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

The overwhelming majority of SBA lending for masonry contractors uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

PeerSense specializes in matching masonry 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 — Masonry Contractors SBA Loans

What is the average SBA loan size for masonry contractors businesses?
Based on 2,773 approved SBA loans, the average loan size for masonry contractors (NAICS 238140) is $173K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a masonry contractors business?
SBA 7(a) is the most commonly used SBA program for masonry contractors businesses. The most widely used SBA program for masonry 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 masonry contractors?
428 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 masonry contractors sector.
What states have the most SBA lending for masonry contractors?
NY leads with 274 SBA loans and $40.8M in total volume for masonry contractors businesses. OH, CA, TX also show strong lending activity in this sector.
How does PeerSense help masonry 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 masonry 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). Masonry Contractors defined by NAICS code 238140. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.