Construction
SBA Lenders for Heavy & Civil Engineering
Top lenders ranked by real SBA lending data for heavy & civil engineering nationwide.
What Borrowers Should Know
Heavy & civil engineering borrowers are paying 30 basis points less than the national median on SBA 7(a) loans (P+2.45% vs. P+2.75%). This suggests either stronger creditworthiness in this sector or active competition among the 419 lenders serving it. California's 603 deals—over 33% of the national total—may be driving better pricing through volume concentration.
Your average deal size of $594,828 is relatively modest compared to the capital-intensive nature of heavy construction. If you're scaling a civil engineering operation, this median suggests many peers are bootstrapping growth in smaller increments rather than securing larger loans. The concentrated lender base (top 3 account for 327 of 1,783 deals) means shopping aggressively across regional and community lenders could uncover better terms than defaults to major banks.
Geographic concentration is extreme: California, Florida, and Colorado account for 1,101 of 1,783 deals (62%). If you're operating outside these markets—especially in smaller states—you may face reduced lender familiarity with heavy engineering risk profiles, potentially higher spreads, and longer approval timelines. Conversely, if you're in CA or FL, you have access to battle-tested lenders who've funded hundreds of similar deals.
Total SBA Loans
5,837
Active Lenders
947
Avg Deal Size
$500K
Total Volume
$2.9B
Heavy & Civil Engineering SBA loans average $500K in deal size across 5,837 total loans. The median 7(a) spread in this segment is P + 2.34%.
Top Lenders for Heavy & Civil Engineering
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | Bank | 386 | $202K | P + 2.39%AVERAGE | |
| 2 | U.S. Bank, National Association | Bank | 258 | $127K | P + 2.79%ABOVE AVG | |
| 3 | Wells Fargo Bank National Association | Bank | 224 | $236K | P + 3.68%HIGH | |
| 4 | JPMorgan Chase Bank, National Association | Bank | 207 | $247K | P + 2.77%ABOVE AVG | |
| 5 | Zions Bank, A Division of | Bank | 124 | $345K | P + 2.43%AVERAGE | |
| 6 | TD Bank, National Association | Bank | 124 | $205K | P + 2.81%ABOVE AVG | |
| 7 | Manufacturers and Traders Trust Company | Bank | 123 | $187K | P + 2.22%GOOD | |
| 8 | KeyBank National Association | Bank | 84 | $548K | P + 2.17%GOOD | |
| 9 | PNC Bank, National Association | Bank | 75 | $192K | P + 3.38%ABOVE AVG | |
| 10 | Northeast Bank | Bank | 70 | $211K | P + 3.17%ABOVE AVG | |
| 11 | Truist Bank | Bank | 53 | $588K | P + 1.98%GOOD | |
| 12 | Columbia Bank | Bank | 53 | $389K | P + 2.82%ABOVE AVG | |
| 13 | Bank of Bridger, National Association | Bank | 51 | $158K | P + 1.80%GOOD | |
| 14 | Glacier Bank | Bank | 51 | $302K | P + 2.14%GOOD | |
| 15 | Old National Bank | Bank | 50 | $654K | P + 1.81%GOOD |
Top States for Heavy & Civil Engineering
Where heavy & civil engineering SBA lending is most active.