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SBA Loans for Construction

Construction received $16.7B in SBA 7(a) loans across 44,698 approved loans from FY2021 through FY2026, with The Huntington National Bank leading at 6,047 deals. The sector's charge-off rate over this period is 2.0%.

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$16.7B
Total approved volume
44,698
Approved loans
$373K
Average loan size
2.0%
Charge-off rate

Most active SBA lenders for construction

#LenderLoansTotal VolumeAvg Loan
1The Huntington National Bank6,047$1.3B$217K
2U.S. Bank, National Association3,621$417.5M$115K
3TD Bank, National Association3,025$373.5M$123K

Source: SBA FOIA 7(a) loan-level data, FY2021–FY2026, NAICS 23*. Charge-off rate = SBA-charged-off loans divided by funded loans. Rankings are by total loan count.

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