Masonry Contractors: SBA business acquisition loan data
44 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Masonry Contractors (NAICS 238140), totaling $57.4M. Median loan $895,900, 39% higher than the all-acquisition median.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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 $1,695,250 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 #175 of 300 industries tracked.
- Geography. North Carolina leads with 4 loans; the top five states account for 45% of the industry's acquisitions.
- Jobs. Lenders reported 875 jobs supported across these loans, about 19.9 per acquisition, a rough proxy for the size of business changing hands.
Masonry Contractors acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $150K | $150,000 | |
| FY2019 | 2 | $2.9M | $1,450,000 | |
| FY2020 | 2 | $4.1M | $2,025,000 | |
| FY2021 | 11 | $13.9M | $891,800 | |
| FY2022 | 4 | $4.4M | $866,750 | |
| FY2023 | 7 | $9.9M | $1,300,000 | |
| FY2024 | 8 | $6.1M | $700,000 | |
| FY2025 | 4 | $5.1M | $461,750 | |
| FY2026 | 5 | $10.8M | $2,591,700 |
How often do these acquisition loans fail?
Fewer than 20 Masonry Contractors 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 | North Carolina | 4 | 9.1% | $9.8M | |
| 2 | Texas | 4 | 9.1% | $7.7M | |
| 3 | Idaho | 4 | 9.1% | $6.7M | |
| 4 | Ohio | 4 | 9.1% | $5.9M | |
| 5 | Illinois | 4 | 9.1% | $3.1M | |
| 6 | Colorado | 3 | 6.8% | $3.2M | |
| 7 | Wisconsin | 3 | 6.8% | $1.8M | |
| 8 | South Carolina | 2 | 4.5% | $3.1M | |
| 9 | Pennsylvania | 2 | 4.5% | $2.9M | |
| 10 | Florida | 2 | 4.5% | $2.7M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Pinnacle Bank | 4 | 9.1% | $5.2M | |
| 2 | The Huntington National Bank | 3 | 6.8% | $8.4M | |
| 3 | Live Oak Banking Company | 2 | 4.5% | $2.9M | |
| 4 | KeyBank National Association | 2 | 4.5% | $2.9M | |
| 5 | Idaho Central CU | 2 | 4.5% | $2.6M | |
| 6 | State Bank of the Lakes, National Association | 2 | 4.5% | $1.9M | |
| 7 | First Commonwealth Bank | 2 | 4.5% | $1.7M | |
| 8 | Village Bank | 2 | 4.5% | $1.1M | |
| 9 | Bank First, N.A. | 2 | 4.5% | $960K | |
| 10 | Zions Bancorporation, National Association | 2 | 4.5% | $610K |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Questions buyers ask
How much is a typical SBA loan to buy a business in Masonry Contractors?
Median $895,900 across 44 acquisition loans (FY2018 to FY2026); the middle half ran $319,725 to $1,695,250. That is 39% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Masonry Contractors acquisitions?
Pinnacle Bank (4), The Huntington National Bank (3), Live Oak Banking Company (2), KeyBank National Association (2), Idaho Central CU (2).
Are businesses in Masonry Contractors 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 Masonry Contractors?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Masonry Contractors acquisitions?
Median term 10 years, average initial rate 7.69% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options