Other Heavy and Civil Engineering Construction: SBA business acquisition loan data
44 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Other Heavy and Civil Engineering Construction (NAICS 237990), totaling $85.6M. Median loan $1,640,400, 154% 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 $3,324,000 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 #174 of 300 industries tracked.
- Geography. Florida leads with 12 loans; the top five states account for 61% of the industry's acquisitions.
- Jobs. Lenders reported 952 jobs supported across these loans, about 21.6 per acquisition, a rough proxy for the size of business changing hands.
Other Heavy and Civil Engineering Construction acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $618K | $618,000 | |
| FY2019 | 7 | $15.8M | $2,384,000 | |
| FY2020 | 3 | $6.1M | $1,175,000 | |
| FY2021 | 7 | $7.5M | $812,000 | |
| FY2022 | 3 | $7.2M | $1,900,000 | |
| FY2023 | 1 | $1.6M | $1,615,400 | |
| FY2024 | 5 | $8.5M | $1,700,000 | |
| FY2025 | 12 | $28.7M | $2,650,500 | |
| FY2026 | 5 | $9.6M | $1,700,000 |
How often do these acquisition loans fail?
Fewer than 20 Other Heavy and Civil Engineering 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.
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 | 12 | 27.3% | $23.7M | |
| 2 | Colorado | 5 | 11.4% | $10.2M | |
| 3 | North Carolina | 5 | 11.4% | $7.7M | |
| 4 | New York | 3 | 6.8% | $5M | |
| 5 | Texas | 2 | 4.5% | $5.1M | |
| 6 | Michigan | 2 | 4.5% | $5M | |
| 7 | Washington | 2 | 4.5% | $4.6M | |
| 8 | Ohio | 1 | 2.3% | $5M | |
| 9 | Kentucky | 1 | 2.3% | $3.6M | |
| 10 | Louisiana | 1 | 2.3% | $3.1M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 5 | 11.4% | $12.1M | |
| 2 | Old National Bank | 2 | 4.5% | $7.1M | |
| 3 | Pinnacle Bank | 2 | 4.5% | $5M | |
| 4 | The Huntington National Bank | 2 | 4.5% | $5M | |
| 5 | VelocitySBA, LLC | 2 | 4.5% | $4.7M | |
| 6 | BOKF, National Association | 2 | 4.5% | $4.1M | |
| 7 | The Union Bank Company | 1 | 2.3% | $5M | |
| 8 | T Bank, National Association | 1 | 2.3% | $4.5M | |
| 9 | Truliant FCU | 1 | 2.3% | $3.5M | |
| 10 | FDIC - Community Bank & Trust-West Georgia | 1 | 2.3% | $3.4M |
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 Other Heavy and Civil Engineering Construction?
Median $1,640,400 across 44 acquisition loans (FY2018 to FY2026); the middle half ran $617,800 to $3,324,000. That is 154% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Other Heavy and Civil Engineering Construction acquisitions?
Live Oak Banking Company (5), Old National Bank (2), Pinnacle Bank (2), The Huntington National Bank (2), VelocitySBA, LLC (2).
Are businesses in Other Heavy and Civil Engineering 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 Other Heavy and Civil Engineering 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 Other Heavy and Civil Engineering Construction acquisitions?
Median term 10 years, average initial rate 7.86% 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.
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