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Top SBA Acquisition Lenders for Construction

197 SBA 7(a) lenders specializing in construction acquisitions nationwide.

Lenders

197

nationwide

Total Volume

$1355.4M

Median Rate

Prime + 2.25%

Median Loan Size

$1.1M

Top Construction Lenders

1The Huntington National Bank

Loans

79

Rate

P+2.25%

1.5%

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2Live Oak Bank

Loans

52

Rate

P+1.50%

0.8%

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3First Internet Bank of Indiana

Loans

42

Rate

P+2.75%

1.7%

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Top 25 Construction Lenders

#LenderLoansVolumeRate
1The Huntington National Bank79$141.3MP+2.25%1.5%
2Live Oak Bank52$86.7MP+1.50%0.8%
3First Internet Bank of Indiana42$82.8MP+2.75%1.7%
4Truliant FCU22$46.3MP+2.75%0.0%
5T Bank, National Association19$49.2MP+2.00%0.0%
6Brookline Bank17$43.7MP+2.25%0.8%
7Manufacturers and Traders Trust Company13$25.3MP+2.25%1.0%
8Old National Bank13$17.7MP+0.30%2.0%
9Byline Bank11$26.8MP+2.75%1.6%
10Zions Bank, A Division of11$5.8MP+0.70%1.1%
11Banner Bank10$16.2MP+2.00%5.7%
12Dogwood State Bank10$15.5MP+2.75%1.3%
13Alerus Financial, National Association9$20.2MP+2.00%0.0%
14Community Bank & Trust-West Georgia9$16.0MP+2.75%2.7%
15Port 51 Lending LLC9$14.8MP+2.75%0.0%
16United Midwest Savings Bank, National Association9$7.6MP+2.75%0.5%
17Pathward National Association8$28.6MP+2.25%4.8%
18First National Bank of Pennsylvania8$12.9MP+2.00%1.2%
19TowneBank8$12.2MP+2.75%0.4%
20Bangor Savings Bank8$2.7MP+0.00%0.0%
2122nd State Bank7$16.5MP+2.38%0.0%
22Pinnacle Bank7$14.0MP+2.00%2.2%
23The Bancorp Bank National Association7$9.4MP+1.00%0.6%
24U.S. Bank, National Association7$4.1MP+0.74%2.4%
25Cadence Bank7$3.0MP+2.63%2.3%

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SBA 7(a) Lending for Construction

197 SBA 7(a) lenders have originated 792 acquisition loans in the construction sector, totaling $1355.4M in volume. The median loan size is $1.1M, with a median interest rate of Prime + 2.25% (Prime + spread).

When evaluating lenders for a construction acquisition, compare loan volume (indicating experience in this sector), interest rates, and historical default rates. PLP (Preferred Lender Program) lenders have delegated SBA authority for faster loan processing.

Frequently Asked Questions

How many SBA 7(a) lenders serve the construction industry?

There are 197 active SBA 7(a) lenders that have originated construction acquisition loans, with a combined 792 loans nationwide.

What is the typical SBA loan rate for construction acquisitions?

The median SBA 7(a) acquisition loan rate for construction is approximately Prime + 2.25%. The SBA caps the spread at 3.0% for loans over $250,000.

Which states have the most construction SBA lenders?

The top states for construction SBA lending include .

Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the construction sector. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.

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