Residential Remodelers: SBA business acquisition loan data
267 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Residential Remodelers (NAICS 236118), totaling $273M. Median loan $675,000, in line with the all-acquisition median. Annual volume rose 89% from FY2024 to FY2026.
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 $1,440,000 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.5% of all SBA-financed business purchases, ranking #41 of 300 industries tracked.
- Geography. Florida leads with 32 loans; the top five states account for 37% of the industry's acquisitions.
- Jobs. Lenders reported 3,069 jobs supported across these loans, about 11.5 per acquisition, a rough proxy for the size of business changing hands.
Residential Remodelers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 7 | $6.8M | $777,000 | |
| FY2019 | 31 | $29.9M | $830,000 | |
| FY2020 | 20 | $10.6M | $348,000 | |
| FY2021 | 23 | $27.9M | $755,000 | |
| FY2022 | 26 | $30.2M | $714,200 | |
| FY2023 | 20 | $18.3M | $500,000 | |
| FY2024 | 27 | $24.5M | $500,000 | |
| FY2025 | 62 | $72.8M | $658,000 | |
| FY2026 | 51 | $52.1M | $745,500 |
How often do these acquisition loans fail?
Of the 81 Residential Remodelers acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 4 have been charged off by the SBA, a rate of 4.9% by loan count and 4.4% by dollars. 41 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Residential Remodelers is 40% higher than the acquisition-loan average. 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.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 32 | 12.0% | $35.9M | |
| 2 | North Carolina | 22 | 8.2% | $24.8M | |
| 3 | California | 17 | 6.4% | $15.5M | |
| 4 | New York | 14 | 5.2% | $18.9M | |
| 5 | Colorado | 14 | 5.2% | $15.6M | |
| 6 | Texas | 14 | 5.2% | $15.5M | |
| 7 | Pennsylvania | 14 | 5.2% | $14.5M | |
| 8 | Ohio | 13 | 4.9% | $12.4M | |
| 9 | Washington | 10 | 3.7% | $9.1M | |
| 10 | Massachusetts | 9 | 3.4% | $4.3M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 24 | 9.0% | $18.4M | |
| 2 | Live Oak Banking Company | 20 | 7.5% | $29.9M | |
| 3 | First Bank | 11 | 4.1% | $8.9M | |
| 4 | Pinnacle Bank | 10 | 3.7% | $12.7M | |
| 5 | First Internet Bank of Indiana | 10 | 3.7% | $10.8M | |
| 6 | Manufacturers and Traders Trust Company | 9 | 3.4% | $8.6M | |
| 7 | 22nd State Bank, A Division of 22nd State Banking Company | 7 | 2.6% | $10M | |
| 8 | The Fidelity Bank | 5 | 1.9% | $7.8M | |
| 9 | Byline Bank | 5 | 1.9% | $3.6M | |
| 10 | TowneBank | 4 | 1.5% | $7.7M |
Terms signed in the LOI shape the purchase agreement that follows.
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Franchise brands in Residential Remodelers
19% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Servpro | 14 | 26.9% | $11.9M | |
| 2 | Re-Bath | 3 | 5.8% | $4.6M | |
| 3 | Screenmobile | 3 | 5.8% | $2M | |
| 4 | Rainbow Restoration | 3 | 5.8% | $1M | |
| 5 | Mr. Handyman | 2 | 3.8% | $1.2M | |
| 6 | Paul Davis Restoration | 1 | 1.9% | $1.1M | |
| 7 | Garage Living | 1 | 1.9% | $1M | |
| 8 | ServiceMaster | 1 | 1.9% | $755K | |
| 9 | Closet Factory | 1 | 1.9% | $446K | |
| 10 | Miracle Method Surface Refinishing | 1 | 1.9% | $340K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Residential Remodelers?
Median $675,000 across 267 acquisition loans (FY2018 to FY2026); the middle half ran $325,400 to $1,440,000. That is in line with the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Residential Remodelers acquisitions?
The Huntington National Bank (24), Live Oak Banking Company (20), First Bank (11), Pinnacle Bank (10), First Internet Bank of Indiana (10).
Are businesses in Residential Remodelers often franchised?
Sometimes. 19% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Servpro, Re-Bath, Screenmobile, Rainbow Restoration, Mr. Handyman.
How risky are SBA loans for buying a business in Residential Remodelers?
Of 81 seasoned loans (FY2018 to FY2021), 4.9% charged off, 40% higher than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Residential Remodelers acquisitions?
Median term 10 years, average initial rate 8.17% 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.
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