How Much Can Other Building Equipment Contractors Businesses Get in SBA Loans?
2,382 SBA loans totaling $748.1M have been approved for other building equipment contractors businesses (NAICS 238290). The average approved SBA loan is $314K, which is 8% below avg the $340K national average. 462 active lenders fund this industry with a 17.3% default rate on the matured 2018-2021 loan cohort.
At 17.3%, Other Building Equipment 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.
NAICS 238290 (Other Building Equipment Contractors) received 2,382 SBA loans worth $748.1M across 5+ states. Average loan $314K, average term 113 months, 17.3% default rate (resolved-loan basis).462 active SBA-approved lenders fund this industry. Most other building equipment contractors loans use the SBA 7(a) program. There are approximately 7,907 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Other Building Equipment Contractors?+14% growth
Which SBA Program Do Other Building Equipment Contractors Businesses Use Most?
What Is the Best SBA Loan for Other Building Equipment Contractors?
The most widely used SBA program for other building equipment contractors businesses — flexible terms, multiple use cases
Where Are Other Building Equipment Contractors SBA Loans Most Common?
Top SBA Lenders for Other Building Equipment Contractors
These banks have funded the most SBA loans for other building equipment contractors businesses (NAICS 238290). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 235 | $30.0M |
| 2 | The Huntington National Bank(OH) | 154 | $32.8M |
| 3 | U.S. Bank, National Association(OH) | 138 | $18.9M |
| 4 | Wells Fargo Bank National Association(SD) | 127 | $35.8M |
| 5 | Manufacturers and Traders Trust Company(NY) | 85 | $10.8M |
Other Building Equipment Contractors Industry Context
Ready to Fund Your Other Building Equipment Contractors Business?
PeerSense places SBA loans for other building equipment contractors businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Financing a Other Building Equipment 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.
How Does SBA Lending Work for Other Building Equipment Contractors Businesses?
Across all SBA loan programs, 2,382 loans have been approved for businesses classified under NAICS 238290 (Other Building Equipment Contractors), representing $748.1M in total capital deployed. The average approved loan of $314K is 8% below avg the national SBA average of $340K, with typical repayment terms of 113 months.
SBA lending for other building equipment 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 9% 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 other building equipment 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 — Other Building Equipment Contractors SBA Loans
What is the average SBA loan size for other building equipment contractors businesses?
Which SBA loan program is best for a other building equipment contractors business?
How many lenders fund SBA loans for other building equipment contractors?
What states have the most SBA lending for other building equipment contractors?
How does PeerSense help other building equipment contractors businesses get SBA loans?
Related Construction Industries
All Other Specialty Trade Contractors
Plumbing, Heating, and Air-Conditioning Contractors
Residential Remodelers
Electrical Contractors
New Single-Family Housing Construction (except Operative Builders)
Site Preparation Contractors
Data aggregated from SBA loan records (1992–2025). Other Building Equipment Contractors defined by NAICS code 238290. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.