Roofing Contractors: SBA business acquisition loan data
198 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Roofing Contractors (NAICS 238160), totaling $268M. Median loan $827,500, 28% higher than the all-acquisition median. Annual volume rose 111% from FY2024 to FY2026.
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 $1,818,600 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.4% of all SBA-financed business purchases, ranking #54 of 300 industries tracked.
- Geography. Florida leads with 20 loans; the top five states account for 38% of the industry's acquisitions.
- Jobs. Lenders reported 3,552 jobs supported across these loans, about 17.9 per acquisition, a rough proxy for the size of business changing hands.
Roofing Contractors acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 10 | $8.3M | $613,250 | |
| FY2019 | 18 | $24.6M | $921,000 | |
| FY2020 | 16 | $20.8M | $707,500 | |
| FY2021 | 16 | $14.8M | $439,700 | |
| FY2022 | 13 | $26.8M | $2,010,000 | |
| FY2023 | 18 | $34.1M | $1,409,000 | |
| FY2024 | 19 | $25.5M | $750,000 | |
| FY2025 | 48 | $57.4M | $878,550 | |
| FY2026 | 40 | $55.5M | $849,450 |
How often do these acquisition loans fail?
Of the 60 Roofing Contractors acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 3 have been charged off by the SBA, a rate of 5.0% by loan count and 3.6% by dollars. 27 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 Roofing Contractors is 42% 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.
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 | 20 | 10.1% | $27.8M | |
| 2 | Texas | 18 | 9.1% | $22.8M | |
| 3 | California | 16 | 8.1% | $27.5M | |
| 4 | Colorado | 11 | 5.6% | $20.1M | |
| 5 | Illinois | 11 | 5.6% | $15.8M | |
| 6 | Washington | 9 | 4.5% | $8.8M | |
| 7 | Ohio | 8 | 4.0% | $10.3M | |
| 8 | North Carolina | 7 | 3.5% | $19M | |
| 9 | Indiana | 7 | 3.5% | $8.9M | |
| 10 | Pennsylvania | 7 | 3.5% | $4.3M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 19 | 9.6% | $36.5M | |
| 2 | The Huntington National Bank | 16 | 8.1% | $15M | |
| 3 | First Internet Bank of Indiana | 13 | 6.6% | $12.7M | |
| 4 | Pathward National Association | 9 | 4.5% | $23.8M | |
| 5 | First Bank of the Lake | 6 | 3.0% | $14.2M | |
| 6 | Old National Bank | 5 | 2.5% | $7.1M | |
| 7 | Zions Bancorporation, National Association | 4 | 2.0% | $6.7M | |
| 8 | TowneBank | 4 | 2.0% | $6.1M | |
| 9 | Columbia Bank | 3 | 1.5% | $5.8M | |
| 10 | Customers Bank | 3 | 1.5% | $4.5M |
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 Roofing Contractors?
Median $827,500 across 198 acquisition loans (FY2018 to FY2026); the middle half ran $325,750 to $1,818,600. That is 28% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Roofing Contractors acquisitions?
Live Oak Banking Company (19), The Huntington National Bank (16), First Internet Bank of Indiana (13), Pathward National Association (9), First Bank of the Lake (6).
Are businesses in Roofing Contractors often franchised?
Rarely. Only 1% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Roofing Contractors?
Of 60 seasoned loans (FY2018 to FY2021), 5.0% charged off, 42% higher than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Roofing Contractors acquisitions?
Median term 10 years, average initial rate 8.15% 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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