How Much Can Tile and Terrazzo Contractors Businesses Get in SBA Loans?
1,786 SBA loans totaling $421.8M have been approved for tile and terrazzo contractors businesses (NAICS 238340). The average approved SBA loan is $236K, which is 31% below avg the $340K national average. 318 active lenders fund this industry with a 22.3% default rate on the matured 2018-2021 loan cohort.
At 22.3%, Tile and Terrazzo Contractors sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated 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 238340 (Tile and Terrazzo Contractors) received 1,786 SBA loans worth $421.8M across 5+ states. Average loan $236K, average term 116 months, 22.3% default rate (resolved-loan basis).318 active SBA-approved lenders fund this industry. Most tile and terrazzo contractors loans use the SBA 7(a) program. There are approximately 10,710 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Tile and Terrazzo Contractors?+42% growth
Which SBA Program Do Tile and Terrazzo Contractors Businesses Use Most?
What Is the Best SBA Loan for Tile and Terrazzo Contractors?
The most widely used SBA program for tile and terrazzo contractors businesses — flexible terms, multiple use cases
Where Are Tile and Terrazzo Contractors SBA Loans Most Common?
Top SBA Lenders for Tile and Terrazzo Contractors
These banks have funded the most SBA loans for tile and terrazzo contractors businesses (NAICS 238340). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | U.S. Bank, National Association(OH) | 209 | $16.0M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 133 | $14.9M |
| 3 | Bank of America, National Association(NC) | 128 | $7.4M |
| 4 | Wells Fargo Bank National Association(SD) | 106 | $25.0M |
| 5 | TD Bank, National Association(DE) | 83 | $8.7M |
Tile and Terrazzo Contractors Industry Context
Ready to Fund Your Tile and Terrazzo Contractors Business?
PeerSense places SBA loans for tile and terrazzo 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 Tile and Terrazzo Contractors Businesses?
Across all SBA loan programs, 1,786 loans have been approved for businesses classified under NAICS 238340 (Tile and Terrazzo Contractors), representing $421.8M in total capital deployed. The average approved loan of $236K is 31% below avg the national SBA average of $340K, with typical repayment terms of 116 months.
SBA lending for tile and terrazzo contractors is accelerating — loan volume has grown approximately 42% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
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 tile and terrazzo 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 — Tile and Terrazzo Contractors SBA Loans
What is the average SBA loan size for tile and terrazzo contractors businesses?
Which SBA loan program is best for a tile and terrazzo contractors business?
How many lenders fund SBA loans for tile and terrazzo contractors?
What states have the most SBA lending for tile and terrazzo contractors?
How does PeerSense help tile and terrazzo contractors businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Tile and Terrazzo Contractors defined by NAICS code 238340. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.