SBA loans for construction sand and gravel mining

549 SBA 7(a) loans since 2010. What they were for, how big, how long, and how often they went wrong.

Loans made

549

2010 onward

Typical loan

$150k

median approved

Typical term

7 yr

Default rate

1.7%

all industries 2.1%

Against other industries

defaulted within 7 years

Construction Sand and Gravel Mining

1.7%

Full-Service Restaurants

3.2%

Offices of Lawyers

2.2%

All Other Specialty Trade Contract

3.4%

Offices of Dentists

1.7%

All SBA 7(a) loans

2.1%

Default rate is not a judgement on the industry. It tells you how a lender will price your risk, and how much cushion you should build in.

When borrowers got into trouble

share of failures by year

Year 1

Year 2

27%

Year 3

20%

Year 4

Year 5

Year 6+

40%

Trouble rarely arrives in year one. It arrives when the opening cash is gone — which is an argument for borrowing more working capital, not less.

What this means for your application

A typical loan here runs $150k over 7 years. If you are asking for far more than that, expect harder questions and a longer file. If far less, check which lenders will even take it — many won't go below $150,000.

Find lenders by minimum loan → Check the numbers work →

Source SBA 7(a) FOIA, NAICS 212 Released 2026-06-30 Loans 549

Related industries

Support Activities for Oil and Gas Full-Service Restaurants Offices of Lawyers All Other Specialty Trade Contract