What is the SBA loan default rate for Site Preparation Contractors?

At 11.4%, Site Preparation 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 rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 957 lenders actively fund this industry.

Which SBA program is best for Site Preparation Contractors?

The SBA 7(a) program is the most commonly used for Site Preparation Contractors businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 238910ConstructionLending Growing

How Much Can Site Preparation Contractors Businesses Get in SBA Loans?

Name: Site Preparation Contractors SBA Loan Performance Data (NAICS 238910)
Creator: PeerSense
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8,290 SBA loans totaling $2.4B have been approved for site preparation contractors businesses (NAICS 238910). The average approved SBA loan is $288K, which is 15% below avg the $340K national average. 957 active lenders fund this industry with a 11.4% default rate on the matured 2018-2021 loan cohort.

Moderate default risk11.4% vs 15.4% all industry avg

At 11.4%, Site Preparation 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.

Quick Answer

NAICS 238910 (Site Preparation Contractors) received 8,290 SBA loans worth $2.4B across 5+ states. Average loan $288K, average term 107 months, 11.4% default rate (resolved loan basis).957 active SBA approved lenders fund this industry. Most site preparation contractors loans use the SBA 7(a) program. There are approximately 39,686 U.S. establishments in this industry (Census 2022).

8,290

Total SBA Loans

$2.4B

Total Volume

$288K

Avg Loan Size

15% below avg

957

Active Lenders

107 mo

Avg Term

18% below avg

69,256

Jobs Supported

Is SBA Lending Growing for Site Preparation Contractors?+39% growth

356

367

378

339

331

379

321

355

458

493

$100.3M

$91.3M

$107.5M

$121.8M

$170.9M

$188.0M

$135.1M

$140.6M

$179.6M

$208.6M

Which SBA Program Do Site Preparation Contractors Businesses Use Most?

SBA 7(a)7,557 (91%)

SBA 504733 (9%)

What Is the Best SBA Loan for Site Preparation Contractors?

SBA 7(a)

The most widely used SBA program for site preparation contractors businesses: flexible terms, multiple use cases

Industry avg loan: $288K

Typical term: 107 months

Historical avg rate: 7.27%

957+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 11.4%

Where Are Site Preparation Contractors SBA Loans Most Common?

703 loans

$94.0M

654 loans

$305.8M

461 loans

$96.1M

355 loans

$64.4M

347 loans

$105.0M

SBA Lending Activity in Site Preparation Contractors

957 SBA lenders have funded 8,290 loans to site preparation contractors businesses (NAICS 238910). 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.

Loans funded

8,290

Active lenders

957

Total volume

$2.4B

Avg loan size

$288K

Browse all SBA lenders

Site Preparation Contractors Industry Context

U.S. Establishments

39,686

U.S. Census Bureau · 2022

U.S. Employment

8,309,000

BLS · 2026

SBA Penetration

20.89%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for site preparation contractors businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Site Preparation 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 big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Site Preparation Contractors Businesses?

Across all SBA loan programs, 8,290 loans have been approved for businesses classified under NAICS 238910 (Site Preparation Contractors), representing $2.4B in total capital deployed. The average approved loan of $288K is 15% below avg the national SBA average of $340K, with typical repayment terms of 107 months.

SBA lending for site preparation 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 site preparation contractors file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Site Preparation Contractors SBA Loans

What is the average SBA loan size for site preparation contractors businesses?

Based on 8,290 approved SBA loans, the average loan size for site preparation contractors (NAICS 238910) is $288K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a site preparation contractors business?

SBA 7(a) is the most commonly used SBA program for site preparation contractors businesses. The most widely used SBA program for site preparation 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 site preparation contractors?

957 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a site preparation contractors file.

What states have the most SBA lending for site preparation contractors?

OH leads with 703 SBA loans and $94.0M in total volume for site preparation contractors businesses. CA, NY, PA also show strong lending activity in this sector.

How does PeerSense help site preparation contractors businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a site preparation contractors file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Construction Industries

All Other Specialty Trade Contractors

21,953 loans · N/A

Avg: $308K

Plumbing, Heating, and Air-Conditioning Contractors

20,555 loans · N/A

Avg: $289K

Residential Remodelers

20,213 loans · N/A

Avg: $126K

Electrical Contractors

15,119 loans · N/A

Avg: $248K

New Single-Family Housing Construction (except Operative Builders)

10,114 loans · N/A

Avg: $161K

Commercial and Institutional Building Construction

8,203 loans · N/A

Avg: $309K

Data aggregated from SBA loan records (1992 to 2025). Site Preparation Contractors defined by NAICS code 238910. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.