How Much Can Wrecking and Demolition Contractors Businesses Get in SBA Loans?
182 SBA loans totaling $37.6M have been approved for wrecking and demolition contractors businesses (NAICS 235940). The average approved SBA loan is $207K, which is 39% below avg the $340K national average. 85 active lenders fund this industry with a 13.0% default rate on the matured 2018-2021 loan cohort.
At 13.0%, Wrecking and Demolition 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 235940 (Wrecking and Demolition Contractors) received 182 SBA loans worth $37.6M across 5+ states. Average loan $207K, average term 109 months, 13.0% default rate (resolved-loan basis).85 active SBA-approved lenders fund this industry. Most wrecking and demolition contractors loans use the SBA 7(a) program. There are approximately 800,651 U.S. establishments in this industry (Census 2022).
Which SBA Program Do Wrecking and Demolition Contractors Businesses Use Most?
What Is the Best SBA Loan for Wrecking and Demolition Contractors?
The most widely used SBA program for wrecking and demolition contractors businesses — flexible terms, multiple use cases
Where Are Wrecking and Demolition Contractors SBA Loans Most Common?
Top SBA Lenders for Wrecking and Demolition Contractors
These banks have funded the most SBA loans for wrecking and demolition contractors businesses (NAICS 235940). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 12 | $1.2M |
| 2 | Bank of America, National Association(NC) | 11 | $1.3M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 9 | $748K |
| 4 | U.S. Bank, National Association(OH) | 7 | $1.2M |
| 5 | Manufacturers and Traders Trust Company(NY) | 7 | $990K |
Wrecking and Demolition Contractors Industry Context
Ready to Fund Your Wrecking and Demolition Contractors Business?
PeerSense places SBA loans for wrecking and demolition 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 Wrecking and Demolition Contractors Businesses?
Across all SBA loan programs, 182 loans have been approved for businesses classified under NAICS 235940 (Wrecking and Demolition Contractors), representing $37.6M in total capital deployed. The average approved loan of $207K is 39% below avg the national SBA average of $340K, with typical repayment terms of 109 months.
SBA lending for wrecking and demolition contractors has remained relatively stable across recent fiscal years. 85 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
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 wrecking and demolition 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 — Wrecking and Demolition Contractors SBA Loans
What is the average SBA loan size for wrecking and demolition contractors businesses?
Which SBA loan program is best for a wrecking and demolition contractors business?
How many lenders fund SBA loans for wrecking and demolition contractors?
What states have the most SBA lending for wrecking and demolition contractors?
How does PeerSense help wrecking and demolition contractors businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Wrecking and Demolition Contractors defined by NAICS code 235940. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.