How Much Can Plumbing, Heating, and Air-Conditioning Contractors Businesses Get in SBA Loans?
20,555 SBA loans totaling $5.9B have been approved for plumbing, heating, and air-conditioning contractors businesses (NAICS 238220). The average approved SBA loan is $289K, which is 15% below avg the $340K national average. 1260 active lenders fund this industry with a 14.5% default rate on the matured 2018-2021 loan cohort.
At 14.5%, 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. The capital source prices this risk into rate and structure.
NAICS 238220 (Plumbing, Heating, and Air-Conditioning Contractors) received 20,555 SBA loans worth $5.9B across 5+ states. Average loan $289K, average term 121 months, 14.5% default rate (resolved loan basis).1260 active SBA approved lenders fund this industry. Most plumbing, heating, and air-conditioning contractors loans use the SBA 7(a) program.
Is SBA Lending Growing for Plumbing, Heating, and Air-Conditioning Contractors?+39% growth
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?
SBA Lending Activity in Plumbing, Heating, and Air-Conditioning Contractors
1,260 SBA lenders have funded 20,555 loans to plumbing, heating, and air-conditioning contractors businesses (NAICS 238220). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.
Plumbing, Heating, and Air-Conditioning Contractors Industry Context
Talk to PeerSense
PeerSense sources capital for plumbing, heating, and air-conditioning contractors businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Plumbing, Heating, and Air-Conditioning Contractors business.
Tell us your loan amount and use of funds. PeerSense sources capital. It is not the lender.
SBA 7(a) / 504: The desk will reach out. No obligation.
How Does SBA Lending Work for Plumbing, Heating, and Air-Conditioning Contractors Businesses?
Across all SBA loan programs, 20,555 loans have been approved for businesses classified under NAICS 238220 (Plumbing, Heating, and Air-Conditioning Contractors), representing $5.9B in total capital deployed. The average approved loan of $289K is 15% below avg the national SBA average of $340K, with typical repayment terms of 121 months.
SBA lending for plumbing, heating, and air-conditioning contractors is accelerating. Loan volume has grown approximately 39% 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 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.
Talk to PeerSense about a plumbing, heating, and air-conditioning contractors file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
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?
Related Construction Industries
All Other Specialty Trade Contractors
Residential Remodelers
Electrical Contractors
New Single-Family Housing Construction (except Operative Builders)
Site Preparation Contractors
Commercial and Institutional Building Construction
Data aggregated from SBA loan records (1992 to 2025). Plumbing, Heating, and Air-Conditioning Contractors defined by NAICS code 238220. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.