How Much Can New Multifamily Housing Construction (except Operative Builders) Businesses Get in SBA Loans?
1,287 SBA loans totaling $181.9M have been approved for new multifamily housing construction (except operative builders) businesses (NAICS 236116). The average approved SBA loan is $141K, which is 58% below avg the $340K national average. 170 active lenders fund this industry with a 35.3% default rate on the matured 2018-2021 loan cohort.
At 35.3%, New Multifamily Housing Construction (except Operative Builders) 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 236116 (New Multifamily Housing Construction (except Operative Builders)) received 1,287 SBA loans worth $181.9M across 5+ states. Average loan $141K, average term 85 months, 35.3% default rate (resolved-loan basis).170 active SBA-approved lenders fund this industry. Most new multifamily housing construction (except operative builders) loans use the SBA 7(a) program. There are approximately 3,931 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for New Multifamily Housing Construction (except Operative Builders)?+185% growth
Which SBA Program Do New Multifamily Housing Construction (except Operative Builders) Businesses Use Most?
What Is the Best SBA Loan for New Multifamily Housing Construction (except Operative Builders)?
The most widely used SBA program for new multifamily housing construction (except operative builders) businesses — flexible terms, multiple use cases
Where Are New Multifamily Housing Construction (except Operative Builders) SBA Loans Most Common?
Top SBA Lenders for New Multifamily Housing Construction (except Operative Builders)
These banks have funded the most SBA loans for new multifamily housing construction (except operative builders) businesses (NAICS 236116). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 316 | $15.1M |
| 2 | Bank of America, National Association(NC) | 214 | $6.3M |
| 3 | U.S. Bank, National Association(OH) | 87 | $5.3M |
| 4 | Bank of Hope(CA) | 61 | $1.2M |
| 5 | Wells Fargo Bank National Association(SD) | 55 | $3.3M |
New Multifamily Housing Construction (except Operative Builders) Industry Context
Ready to Fund Your New Multifamily Housing Construction (except Operative Builders) Business?
PeerSense places SBA loans for new multifamily housing construction (except operative builders) businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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Financing a New Multifamily Housing Construction (except Operative Builders) business? Get matched to an SBA lender.
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How Does SBA Lending Work for New Multifamily Housing Construction (except Operative Builders) Businesses?
Across all SBA loan programs, 1,287 loans have been approved for businesses classified under NAICS 236116 (New Multifamily Housing Construction (except Operative Builders)), representing $181.9M in total capital deployed. The average approved loan of $141K is 58% below avg the national SBA average of $340K, with typical repayment terms of 85 months.
SBA lending for new multifamily housing construction (except operative builders) is accelerating — loan volume has grown approximately 185% 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 overwhelming majority of SBA lending for new multifamily housing construction (except operative builders) 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 new multifamily housing construction (except operative builders) 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 — New Multifamily Housing Construction (except Operative Builders) SBA Loans
What is the average SBA loan size for new multifamily housing construction (except operative builders) businesses?
Which SBA loan program is best for a new multifamily housing construction (except operative builders) business?
How many lenders fund SBA loans for new multifamily housing construction (except operative builders)?
What states have the most SBA lending for new multifamily housing construction (except operative builders)?
How does PeerSense help new multifamily housing construction (except operative builders) businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). New Multifamily Housing Construction (except Operative Builders) defined by NAICS code 236116. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.