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 8.7% historical default rate.
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, default rate 8.7%.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?
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 238220). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | U.S. Bank, National Association(OH) | 1,554 | $202.6M |
| 2 | The Huntington National Bank(OH) | 1,341 | $229.6M |
| 3 | Wells Fargo Bank National Association(SD) | 1,077 | $305.7M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 881 | $147.1M |
| 5 | TD Bank, National Association(DE) | 801 | $87.2M |
Plumbing, Heating, and Air-Conditioning Contractors Industry Context
Ready to Fund Your Plumbing, Heating, and Air-Conditioning Contractors Business?
PeerSense places SBA loans for plumbing, heating, and air-conditioning contractors 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 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.
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 238220. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.