How Much Can Other Heavy and Civil Engineering Construction Businesses Get in SBA Loans?
1,984 SBA loans totaling $941.6M have been approved for other heavy and civil engineering construction businesses (NAICS 237990). The average approved SBA loan is $475K, which is 39% above avg the $340K national average. 507 active lenders fund this industry with a 8.3% default rate on the matured 2018-2021 loan cohort.
At 8.3%, Other Heavy and Civil Engineering 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 237990 (Other Heavy and Civil Engineering Construction) received 1,984 SBA loans worth $941.6M across 5+ states. Average loan $475K, average term 116 months, 8.3% default rate (resolved-loan basis).507 active SBA-approved lenders fund this industry. Most other heavy and civil engineering construction loans use the SBA 7(a) program. There are approximately 4,673 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Other Heavy and Civil Engineering Construction?+27% growth
Which SBA Program Do Other Heavy and Civil Engineering Construction Businesses Use Most?
What Is the Best SBA Loan for Other Heavy and Civil Engineering Construction?
The most widely used SBA program for other heavy and civil engineering construction businesses — flexible terms, multiple use cases
Where Are Other Heavy and Civil Engineering Construction SBA Loans Most Common?
Top SBA Lenders for Other Heavy and Civil Engineering Construction
These banks have funded the most SBA loans for other heavy and civil engineering construction businesses (NAICS 237990). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | U.S. Bank, National Association(OH) | 90 | $9.6M |
| 2 | The Huntington National Bank(OH) | 76 | $12.2M |
| 3 | Wells Fargo Bank National Association(SD) | 64 | $12.6M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 57 | $7.8M |
| 5 | Manufacturers and Traders Trust Company(NY) | 50 | $10.5M |
Other Heavy and Civil Engineering Construction Industry Context
Ready to Fund Your Other Heavy and Civil Engineering Construction Business?
PeerSense places SBA loans for other heavy and civil engineering construction businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Other Heavy and Civil Engineering Construction Businesses?
Across all SBA loan programs, 1,984 loans have been approved for businesses classified under NAICS 237990 (Other Heavy and Civil Engineering Construction), representing $941.6M in total capital deployed. The average approved loan of $475K is 39% above avg the national SBA average of $340K, with typical repayment terms of 116 months.
SBA lending for other heavy and civil engineering construction is accelerating — loan volume has grown approximately 27% 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 heavy and civil engineering construction 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 Heavy and Civil Engineering Construction SBA Loans
What is the average SBA loan size for other heavy and civil engineering construction businesses?
Which SBA loan program is best for a other heavy and civil engineering construction business?
How many lenders fund SBA loans for other heavy and civil engineering construction?
What states have the most SBA lending for other heavy and civil engineering construction?
How does PeerSense help other heavy and civil engineering construction businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Other Heavy and Civil Engineering Construction defined by NAICS code 237990. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.