How Much Can Plumbing, Heating, and Air Conditioning Contractors Businesses Get in SBA Loans?
4,833 SBA loans totaling $830.2M have been approved for plumbing, heating, and air conditioning contractors businesses (NAICS 235110). The average approved SBA loan is $172K, which is 50% below avg the $340K national average. 767 active lenders fund this industry with a 12.0% default rate on the matured 2018-2021 loan cohort.
At 12.0%, Plumbing, Heating, and Air Conditioning Contractors sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate 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 235110 (Plumbing, Heating, and Air Conditioning Contractors) received 4,833 SBA loans worth $830.2M across 5+ states. Average loan $172K, average term 127 months, 12.0% default rate (resolved-loan basis).767 active SBA-approved lenders fund this industry. Most plumbing, heating, and air conditioning contractors loans use the SBA 7(a) program.
Which SBA Program Do Plumbing, Heating, and Air Conditioning Contractors Businesses Use Most?
What Is the Best SBA Loan for Plumbing, Heating, and Air Conditioning Contractors?
The most widely used SBA program for plumbing, heating, and air conditioning contractors businesses — flexible terms, multiple use cases
Where Are Plumbing, Heating, and Air Conditioning Contractors SBA Loans Most Common?
Top SBA Lenders for Plumbing, Heating, and Air Conditioning Contractors
These banks have funded the most SBA loans for plumbing, heating, and air conditioning contractors businesses (NAICS 235110). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 407 | $76.6M |
| 2 | Bank of America, National Association(NC) | 375 | $30.5M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 235 | $30.1M |
| 4 | U.S. Bank, National Association(OH) | 225 | $51.3M |
| 5 | Citizens Bank, National Association(RI) | 140 | $6.8M |
Plumbing, Heating, and Air Conditioning Contractors Industry Context
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How Does SBA Lending Work for Plumbing, Heating, and Air Conditioning Contractors Businesses?
Across all SBA loan programs, 4,833 loans have been approved for businesses classified under NAICS 235110 (Plumbing, Heating, and Air Conditioning Contractors), representing $830.2M in total capital deployed. The average approved loan of $172K is 50% below avg the national SBA average of $340K, with typical repayment terms of 127 months.
SBA lending for plumbing, heating, and air conditioning contractors has remained relatively stable across recent fiscal years. 767 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
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 plumbing, heating, and air conditioning 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 — Plumbing, Heating, and Air Conditioning Contractors SBA Loans
What is the average SBA loan size for plumbing, heating, and air conditioning contractors businesses?
Which SBA loan program is best for a plumbing, heating, and air conditioning contractors business?
How many lenders fund SBA loans for plumbing, heating, and air conditioning contractors?
What states have the most SBA lending for plumbing, heating, and air conditioning contractors?
How does PeerSense help plumbing, heating, and air conditioning contractors businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Plumbing, Heating, and Air Conditioning Contractors defined by NAICS code 235110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.