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NAICS 423390Wholesale TradeLending Growing

How Much Can Other Construction Material Merchant Wholesalers Businesses Get in SBA Loans?

1,134 SBA loans totaling $514.4M have been approved for other construction material merchant wholesalers businesses (NAICS 423390). The average approved SBA loan is $454K, which is 33% above avg the $340K national average. 282 active lenders fund this industry with a 18.7% default rate on the matured 2018-2021 loan cohort.

Above average default risk18.7% vs 15.4% all-industry avg

At 18.7%, Other Construction Material Merchant Wholesalers 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 423390 (Other Construction Material Merchant Wholesalers) received 1,134 SBA loans worth $514.4M across 5+ states. Average loan $454K, average term 118 months, 18.7% default rate (resolved-loan basis).282 active SBA-approved lenders fund this industry. Most other construction material merchant wholesalers loans use the SBA 7(a) program. There are approximately 3,736 U.S. establishments in this industry (Census 2022).

1,134
Total SBA Loans
$514.4M
Total Volume
$454K
Avg Loan Size
33% above avg
282
Active Lenders
118 mo
Avg Term
9% below avg
10,187
Jobs Supported

Is SBA Lending Growing for Other Construction Material Merchant Wholesalers?+94% growth

42
51
42
28
26
27
27
36
45
70
16
17
18
19
20
21
22
23
24
25
$27.1M
$20.6M
$32.6M
$22.4M
$15.6M
$28.8M
$22.1M
$19.0M
$38.4M
$43.1M

Which SBA Program Do Other Construction Material Merchant Wholesalers Businesses Use Most?

SBA 7(a)1,006 (89%)
SBA 504128 (11%)

What Is the Best SBA Loan for Other Construction Material Merchant Wholesalers?

SBA 7(a)

The most widely used SBA program for other construction material merchant wholesalers businesses — flexible terms, multiple use cases

Industry avg loan: $454K
Typical term: 118 months
Historical avg rate: 7.19%
282+ lenders active in this industry
Default rate (2018–21 matured cohort): 18.7%

Where Are Other Construction Material Merchant Wholesalers SBA Loans Most Common?

#1
CA
191 loans
$115.0M
#2
NY
96 loans
$29.2M
#3
FL
89 loans
$52.4M
#4
TX
87 loans
$40.0M
#5
OH
45 loans
$17.6M

Top SBA Lenders for Other Construction Material Merchant Wholesalers

These banks have funded the most SBA loans for other construction material merchant wholesalers businesses (NAICS 423390). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1JPMorgan Chase Bank, National Association(OH)137$19.3M
2Wells Fargo Bank National Association(SD)75$34.4M
3Bank of America, National Association(NC)52$2.8M
4Bank of Hope(CA)34$25.9M
5The Huntington National Bank(OH)32$12.4M

Other Construction Material Merchant Wholesalers Industry Context

U.S. Establishments
3,736
U.S. Census Bureau · 2022
SBA Penetration
30.35%
SBA loans per establishment

Ready to Fund Your Other Construction Material Merchant Wholesalers Business?

PeerSense places SBA loans for other construction material merchant wholesalers 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 Other Construction Material Merchant Wholesalers 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 Other Construction Material Merchant Wholesalers Businesses?

Across all SBA loan programs, 1,134 loans have been approved for businesses classified under NAICS 423390 (Other Construction Material Merchant Wholesalers), representing $514.4M in total capital deployed. The average approved loan of $454K is 33% above avg the national SBA average of $340K, with typical repayment terms of 118 months.

SBA lending for other construction material merchant wholesalers is accelerating — loan volume has grown approximately 94% 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 industry sees a balanced mix of SBA programs, with 11% 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 construction material merchant wholesalers 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 Construction Material Merchant Wholesalers SBA Loans

What is the average SBA loan size for other construction material merchant wholesalers businesses?
Based on 1,134 approved SBA loans, the average loan size for other construction material merchant wholesalers (NAICS 423390) is $454K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a other construction material merchant wholesalers business?
SBA 7(a) is the most commonly used SBA program for other construction material merchant wholesalers businesses. The most widely used SBA program for other construction material merchant wholesalers businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for other construction material merchant wholesalers?
282 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 other construction material merchant wholesalers sector.
What states have the most SBA lending for other construction material merchant wholesalers?
CA leads with 191 SBA loans and $115.0M in total volume for other construction material merchant wholesalers businesses. NY, FL, TX also show strong lending activity in this sector.
How does PeerSense help other construction material merchant wholesalers 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 other construction material merchant wholesalers industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Other Construction Material Merchant Wholesalers defined by NAICS code 423390. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.