Plumbing
Heating, & Air Conditioning
Small Business Owner Resource
SBA 7(a) lending intel on SBAmatch is designed to help Small Business Owners avoid the mistake of applying with the wrong lender. Every lender is different, and matching to the right one with the highest probability of approving an SBA loan will save countless headaches.
Below is the most recent lending data for the Plumbing, Heating, and Air Conditioning Contractor industry.
2021 Loans:
Lenders: 216
Approvals: 727
Amounts: $401M
Average: $551,660
2022 Loans:
Lenders: 201
Approvals: 817
Amounts: $378M
Average: $463,180
All-Time Loans:
Lenders: 1,524
Approvals: 19,481
Amounts: $4.2B
Average: $216,188
Plumbing, Heating, & Air Conditioning Contractor Industry Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Plumbing, Heating, & Air Conditioning Contractor Industry Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
60%
of all SBA Lenders of all time have never approved an SBA loan over $1 Million.
We can find the right one for you; for free. LEARN MORE.
Byline Bank Is A Top-Ranked Lender For Plumbing, Heating, & A/C Contractors
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Resources:
NAICS INDUSTRY
Our SBA 7a lending information is based on Plumbing, Heating, and Air-Conditioning Contractors NACIS codes 235110 and 238220.
The NAICS website describes this industry as:
This industry comprises establishments primarily engaged in installing and servicing plumbing, heating, and air-conditioning equipment. Contractors in this industry may provide both parts and labor when performing work. The work performed may include new work, additions, alterations, maintenance, and repairs.
Illustrative Examples:
Cooling tower installation
Heating, ventilation, and air-conditioning (HVAC) contractors
Duct work (e.g., cooling, dust collection, exhaust, heating, ventilation) installation
Lawn sprinkler system installation
Fire sprinkler system installation
Mechanical contractors
Fireplace, natural gas, installation
Refrigeration system (e.g., commercial, industrial, scientific) installation
Furnace installation
Sewer hookup and connection, building