Highway, Street, and Bridge Construction: SBA business acquisition loan data
33 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Highway, Street, and Bridge Construction (NAICS 237310), totaling $60.2M. Median loan $1,060,000, 64% higher than the all-acquisition median.
The purchase agreement decides what you bought, not the loan approval.
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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 $3,711,000 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 #212 of 300 industries tracked.
- Geography. Florida leads with 4 loans; the top five states account for 52% of the industry's acquisitions.
- Jobs. Lenders reported 712 jobs supported across these loans, about 21.6 per acquisition, a rough proxy for the size of business changing hands.
Highway, Street, and Bridge Construction acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 5 | $9.7M | $1,250,000 | |
| FY2019 | 4 | $3.5M | $857,700 | |
| FY2020 | 5 | $3.7M | $550,000 | |
| FY2021 | 4 | $13.8M | $3,986,250 | |
| FY2022 | 2 | $3M | $1,485,000 | |
| FY2023 | 4 | $9.9M | $2,290,450 | |
| FY2024 | 2 | $351K | $175,500 | |
| FY2025 | 2 | $9M | $4,480,000 | |
| FY2026 | 5 | $7.5M | $1,900,000 |
How often do these acquisition loans fail?
Fewer than 20 Highway, Street, and Bridge Construction 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.
Seller note standby terms and third-party consents are reviewed before closing.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 4 | 12.1% | $12.2M | |
| 2 | Ohio | 4 | 12.1% | $5.7M | |
| 3 | Colorado | 3 | 9.1% | $9.9M | |
| 4 | Minnesota | 3 | 9.1% | $5.2M | |
| 5 | Texas | 3 | 9.1% | $2.1M | |
| 6 | Maryland | 2 | 6.1% | $3.3M | |
| 7 | Washington | 2 | 6.1% | $1.3M | |
| 8 | North Dakota | 1 | 3.0% | $5M | |
| 9 | Georgia | 1 | 3.0% | $3.9M | |
| 10 | Alabama | 1 | 3.0% | $3.7M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 4 | 12.1% | $9.5M | |
| 2 | The Huntington National Bank | 3 | 9.1% | $5.1M | |
| 3 | Northwest Bank | 3 | 9.1% | $4.4M | |
| 4 | Community Bank of Mississippi | 2 | 6.1% | $3.9M | |
| 5 | UMB Bank, National Association | 2 | 6.1% | $1.6M | |
| 6 | Old National Bank | 2 | 6.1% | $1.2M | |
| 7 | Alerus Financial, National Association | 1 | 3.0% | $5M | |
| 8 | Pinnacle Bank | 1 | 3.0% | $5M | |
| 9 | BankVista | 1 | 3.0% | $4.1M | |
| 10 | First National Bank | 1 | 3.0% | $4M |
Terms signed in the LOI shape the purchase agreement that follows.
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Questions buyers ask
How much is a typical SBA loan to buy a business in Highway, Street, and Bridge Construction?
Median $1,060,000 across 33 acquisition loans (FY2018 to FY2026); the middle half ran $530,500 to $3,711,000. That is 64% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Highway, Street, and Bridge Construction acquisitions?
Live Oak Banking Company (4), The Huntington National Bank (3), Northwest Bank (3), Community Bank of Mississippi (2), UMB Bank, National Association (2).
Are businesses in Highway, Street, and Bridge Construction 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 Highway, Street, and Bridge Construction?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Highway, Street, and Bridge Construction acquisitions?
Median term 10 years, average initial rate 7.03% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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