Flooring Contractors: SBA business acquisition loan data
137 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Flooring Contractors (NAICS 238330), totaling $138M. Median loan $595,000, 8% lower than the all-acquisition median. Annual volume rose 23% from FY2024 to FY2026.
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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 $1,260,000 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.3% of all SBA-financed business purchases, ranking #72 of 300 industries tracked.
- Geography. Florida leads with 13 loans; the top five states account for 36% of the industry's acquisitions.
- Jobs. Lenders reported 1,358 jobs supported across these loans, about 9.9 per acquisition, a rough proxy for the size of business changing hands.
Flooring Contractors acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 9 | $9.7M | $670,000 | |
| FY2019 | 4 | $2M | $524,050 | |
| FY2020 | 17 | $10.4M | $327,000 | |
| FY2021 | 13 | $14.8M | $752,700 | |
| FY2022 | 5 | $3.5M | $411,000 | |
| FY2023 | 14 | $16.6M | $930,500 | |
| FY2024 | 22 | $19.6M | $505,000 | |
| FY2025 | 26 | $34.6M | $922,500 | |
| FY2026 | 27 | $26.6M | $730,000 |
How often do these acquisition loans fail?
Of the 43 Flooring Contractors acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), none have been charged off by the SBA. 18 have already been paid in full.
For comparison, Flooring Contractors has none charged off, against the 3.5% average across all SBA 7(a) acquisition loans in the same cohort. 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.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 13 | 9.5% | $15M | |
| 2 | Colorado | 10 | 7.3% | $9M | |
| 3 | Illinois | 10 | 7.3% | $8.9M | |
| 4 | Texas | 10 | 7.3% | $8.8M | |
| 5 | Michigan | 7 | 5.1% | $11.5M | |
| 6 | Oregon | 7 | 5.1% | $3.9M | |
| 7 | California | 5 | 3.6% | $5.7M | |
| 8 | New York | 5 | 3.6% | $3.5M | |
| 9 | Massachusetts | 5 | 3.6% | $2.6M | |
| 10 | Missouri | 4 | 2.9% | $6.4M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 14 | 10.2% | $14.7M | |
| 2 | The Huntington National Bank | 9 | 6.6% | $14.8M | |
| 3 | Pinnacle Bank | 4 | 2.9% | $7.6M | |
| 4 | Truliant FCU | 3 | 2.2% | $5.9M | |
| 5 | OakStar Bank | 3 | 2.2% | $5.6M | |
| 6 | First Internet Bank of Indiana | 3 | 2.2% | $5.4M | |
| 7 | Merchants Bank of Indiana | 3 | 2.2% | $2.5M | |
| 8 | TowneBank | 3 | 2.2% | $2.4M | |
| 9 | Old National Bank | 3 | 2.2% | $2.1M | |
| 10 | Manufacturers and Traders Trust Company | 3 | 2.2% | $1.6M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Franchise brands in Flooring Contractors
5% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Carpet One Floor & Home | 2 | 28.6% | $2.5M |
Questions buyers ask
How much is a typical SBA loan to buy a business in Flooring Contractors?
Median $595,000 across 137 acquisition loans (FY2018 to FY2026); the middle half ran $270,000 to $1,260,000. That is 8% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Flooring Contractors acquisitions?
Live Oak Banking Company (14), The Huntington National Bank (9), Pinnacle Bank (4), Truliant FCU (3), OakStar Bank (3).
Are businesses in Flooring Contractors often franchised?
Sometimes. 5% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Carpet One Floor & Home.
How risky are SBA loans for buying a business in Flooring Contractors?
Of 43 seasoned loans (FY2018 to FY2021), none charged off, against the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Flooring Contractors acquisitions?
Median term 10 years, average initial rate 8.18% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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