Custom Architectural Woodwork and Millwork Manufacturing: SBA business acquisition loan data
26 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Custom Architectural Woodwork and Millwork Manufacturing (NAICS 337212), totaling $38.5M. Median loan $1,127,450, 75% higher than the all-acquisition median.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $2,448,900 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.1% of all SBA-financed business purchases, ranking #252 of 300 industries tracked.
- Geography. Colorado leads with 3 loans; the top five states account for 46% of the industry's acquisitions.
- Jobs. Lenders reported 625 jobs supported across these loans, about 24.0 per acquisition, a rough proxy for the size of business changing hands.
Custom Architectural Woodwork and Millwork Manufacturing acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $3.6M | $967,900 | |
| FY2019 | 4 | $5.9M | $1,493,500 | |
| FY2020 | 3 | $867K | $176,000 | |
| FY2021 | 2 | $5.2M | $2,595,600 | |
| FY2022 | 1 | $619K | $618,700 | |
| FY2023 | 2 | $3.5M | $1,760,000 | |
| FY2024 | 1 | $165K | $164,500 | |
| FY2025 | 4 | $10M | $2,469,100 | |
| FY2026 | 6 | $8.6M | $1,382,500 |
How often do these acquisition loans fail?
Fewer than 20 Custom Architectural Woodwork and Millwork Manufacturing acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Colorado | 3 | 11.5% | $5.9M | |
| 2 | Massachusetts | 3 | 11.5% | $5.2M | |
| 3 | Florida | 2 | 7.7% | $3.2M | |
| 4 | New York | 2 | 7.7% | $2.9M | |
| 5 | Maryland | 2 | 7.7% | $1.6M | |
| 6 | Mississippi | 2 | 7.7% | $207K | |
| 7 | Texas | 1 | 3.8% | $5M | |
| 8 | Georgia | 1 | 3.8% | $3.1M | |
| 9 | Alabama | 1 | 3.8% | $2.7M | |
| 10 | California | 1 | 3.8% | $2.3M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 2 | 7.7% | $3.5M | |
| 2 | Live Oak Banking Company | 2 | 7.7% | $2.9M | |
| 3 | Capital Bank, National Association | 2 | 7.7% | $1.6M | |
| 4 | Trustmark Bank | 2 | 7.7% | $207K | |
| 5 | Prosperity Bank | 1 | 3.8% | $5M | |
| 6 | Zions Bancorporation, National Association | 1 | 3.8% | $4.2M | |
| 7 | Truliant FCU | 1 | 3.8% | $3.1M | |
| 8 | Community Bank of Mississippi | 1 | 3.8% | $2.7M | |
| 9 | One Florida Bank | 1 | 3.8% | $2.5M | |
| 10 | Columbia Bank | 1 | 3.8% | $2.3M |
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
Questions buyers ask
How much is a typical SBA loan to buy a business in Custom Architectural Woodwork and Millwork Manufacturing?
Median $1,127,450 across 26 acquisition loans (FY2018 to FY2026); the middle half ran $344,000 to $2,448,900. That is 75% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Custom Architectural Woodwork and Millwork Manufacturing acquisitions?
The Huntington National Bank (2), Live Oak Banking Company (2), Capital Bank, National Association (2), Trustmark Bank (2), Prosperity Bank (1).
Are businesses in Custom Architectural Woodwork and Millwork Manufacturing often franchised?
Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Custom Architectural Woodwork and Millwork Manufacturing?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Custom Architectural Woodwork and Millwork Manufacturing acquisitions?
Median term 10 years, average initial rate 7.48% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options