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NAICS 238160ConstructionLending Growing

How Much Can Roofing Contractors Businesses Get in SBA Loans?

4,759 SBA loans totaling $1.5B have been approved for roofing contractors businesses (NAICS 238160). The average approved SBA loan is $314K, which is 8% below avg the $340K national average. 604 active lenders fund this industry with a 16.2% default rate on the matured 2018-2021 loan cohort.

Above average default risk16.2% vs 15.4% all-industry avg

At 16.2%, Roofing Contractors 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 238160 (Roofing Contractors) received 4,759 SBA loans worth $1.5B across 5+ states. Average loan $314K, average term 121 months, 16.2% default rate (resolved-loan basis).604 active SBA-approved lenders fund this industry. Most roofing contractors loans use the SBA 7(a) program.

4,759
Total SBA Loans
$1.5B
Total Volume
$314K
Avg Loan Size
8% below avg
604
Active Lenders
121 mo
Avg Term
7% below avg
50,967
Jobs Supported

Is SBA Lending Growing for Roofing Contractors?+35% growth

216
218
216
200
172
218
279
330
358
446
16
17
18
19
20
21
22
23
24
25
$49.1M
$50.1M
$69.5M
$78.9M
$74.2M
$109.5M
$123.2M
$154.9M
$139.1M
$218.6M

Which SBA Program Do Roofing Contractors Businesses Use Most?

SBA 7(a)4,368 (92%)
SBA 504391 (8%)

What Is the Best SBA Loan for Roofing Contractors?

SBA 7(a)

The most widely used SBA program for roofing contractors businesses — flexible terms, multiple use cases

Industry avg loan: $314K
Typical term: 121 months
Historical avg rate: 7.98%
604+ lenders active in this industry
Default rate (2018–21 matured cohort): 16.2%

Where Are Roofing Contractors SBA Loans Most Common?

#1
TX
466 loans
$127.8M
#2
CA
453 loans
$197.8M
#3
OH
375 loans
$63.7M
#4
FL
355 loans
$164.6M
#5
CO
252 loans
$111.0M

Top SBA Lenders for Roofing Contractors

These banks have funded the most SBA loans for roofing contractors businesses (NAICS 238160). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1The Huntington National Bank(OH)480$90.9M
2U.S. Bank, National Association(OH)395$44.9M
3JPMorgan Chase Bank, National Association(OH)333$45.9M
4Wells Fargo Bank National Association(SD)274$69.0M
5PNC Bank, National Association(DE)177$20.6M

Roofing Contractors Industry Context

U.S. Employment
8,309,000
BLS · 2026

Ready to Fund Your Roofing Contractors Business?

PeerSense places SBA loans for roofing contractors 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 Roofing Contractors 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 Roofing Contractors Businesses?

Across all SBA loan programs, 4,759 loans have been approved for businesses classified under NAICS 238160 (Roofing Contractors), representing $1.5B in total capital deployed. The average approved loan of $314K is 8% below avg the national SBA average of $340K, with typical repayment terms of 121 months.

SBA lending for roofing contractors is accelerating — loan volume has grown approximately 35% 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 8% 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 roofing 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 — Roofing Contractors SBA Loans

What is the average SBA loan size for roofing contractors businesses?
Based on 4,759 approved SBA loans, the average loan size for roofing contractors (NAICS 238160) is $314K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a roofing contractors business?
SBA 7(a) is the most commonly used SBA program for roofing contractors businesses. The most widely used SBA program for roofing contractors businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for roofing contractors?
604 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 roofing contractors sector.
What states have the most SBA lending for roofing contractors?
TX leads with 466 SBA loans and $127.8M in total volume for roofing contractors businesses. CA, OH, FL also show strong lending activity in this sector.
How does PeerSense help roofing contractors 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 roofing contractors industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Roofing Contractors defined by NAICS code 238160. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.