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NAICS 23611623

SBA Loans for New Multifamily Housing Construction (except Operative Builders)

New Multifamily Housing Construction (except Operative Builders) are one of the most-funded SBA 7(a) industries. Explore which lenders are actually approving new multifamily housing construction (except operative builders) loans, what loan sizes they fund, and where activity is concentrated.

Find lenders funding new multifamily housing construction (except operative builders)
Total loans
1,295
all programs
Approved $
$185.4M
last 5 years
Avg loan
$143K
median $145K
Most active lender
JPMorgan Chase Bank, National Association
316 loans
Jobs supported
312K
cumulative

Loan size distribution

SBA 7(a) · LAST 12 MONTHS
54.9%
18.6%
13.7%
6.6%
3.2%
1.8%
1.2%
<$50K
$50–100K
$100–250K
$250–500K
$500K–1M
$1–2M
$2M+
Most common range
$100K – $250K
34% of loans
Median
$145,000
90th percentile
$612,000
NEW MULTIFAMILY HOUSING CONSTRUCTION (EXCEPT OPERATIVE BUILDERS)-FRIENDLY LENDERS

The 5 lenders that approved 41% of new multifamily housing construction (except operative builders) SBA loans last year.

Submit your new multifamily housing construction (except operative builders) profile and we'll prioritize lenders that have already funded similar concept, size, and geography.

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Top lenders for new multifamily housing construction (except operative builders)

JPMorgan Chase Bank, National Association
316
Bank of America, National Association
215
U.S. Bank, National Association
87
Bank of Hope
61
Wells Fargo Bank National Association
55
PNC Bank, National Association
33

Top states for new multifamily housing construction (except operative builders) loans

CA
224
NY
169
TX
116
IL
72
FL
49
AZ
46
Loan records · New Multifamily Housing Construction (except Operative Builders)
Showing largest 500 of 1,295 records
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Summit Homes Construction LLC
Denver, CO · 80202
$5,000,000
7(a)
22nd State Bank, A Division of 22nd State Banking Company$500K/job · 2023-10-11
Blue Corner Construction LLC
Albertville, MN · 55301
$5,000,000
7(a)
HomeTown Bank$62K/job · 2024-05-22
Dollins Construction Inc.
Clinton, MI · 49236
$3,709,600
7(a)
Fifth Third Bank$61K/job · 2022-09-26
1711 Neck Property, LLC
Brooklyn, NY · 11229
$3,672,000
7(a)
Dime Community Bank2020-11-05
The Vorea Construction Companies LLC
Long Island City, NY · 11101
$3,300,000
7(a)
Dime Community Bank$57K/job · 2021-02-26
Atrium Holding 399 LLC
Piscataway, NJ
$3,230,000
7(a)
Firstrust Savings Bank$3.2M/job · 2023-07-20
Siliconsage Builders, LLC
Sunnyvale, CA · 94086
$3,067,000
7(a)
Poppy Bank2017-07-17
FRANCHISE INVESTMENT PROPERTIES INC.
Benicia, CA · 94510
$2,800,000
7(a)
Newtek Small Business Finance, Inc.$1.4M/job · 2022-07-22
Parkside Place LLC
Watertown, SD · 57201
$2,601,400
7(a)
Red River State Bank$2.6M/job · 2021-03-15
AU ASSOCIATES, INC.
Lexington, KY · 40508
$2,565,000
7(a)
RiverHills Bank$103K/job · 2021-07-29
Advanced Technology Construction Corporation
Renton, WA · 98055
$2,382,000
7(a)
Core Business Bank$79K/job · 2012-01-13
King's Harvest Holdings, LLC
Stafford, TX · 77477
$2,090,000
7(a)
First Commonwealth Bank$348K/job · 2026-02-05
Assen Homes, Inc.
Arcadia, CA · 91006
$2,050,000
7(a)
First General Bank$1.0M/job · 2014-03-17
BRL DEVELOPMENT CORPORATION
Kewadin, MI · 49648
$2,000,000
7(a)
The Huntington National Bank2005-09-23
SHADOW HILLS RANCH, Inc.
Sunland, CA · 91040
$2,000,000
7(a)
First General Bank$1.0M/job · 2011-10-27
1023 Flats, LLC
Fargo, ND · 58103
$1,872,000
7(a)
Red River State Bank$1.9M/job · 2021-05-19
SKY ONE CONSTRUCTION INC
Brooklyn, NY · 11213
$1,785,000
7(a)
The Bank of Princeton$223K/job · 2017-09-01
SMA Builders, Inc.
(Chatsworth) Los Angeles, CA · 91311
$1,782,000
504
Mortgage Capital Development Corporation$71K/job · 2025-01-29
Schilken Family Investments, LLC
Watertown, SD · 57201
$1,720,000
7(a)
Red River State Bank$1.7M/job · 2021-06-02
Beaudin Construction
Oregon City, OR · 97045
$1,650,000
504
Mortgage Capital Development Corporation$330K/job · 2025-09-12
Schilken Family Investments, LLC
Watertown, SD · 57201
$1,612,500
7(a)
Red River State Bank$1.6M/job · 2021-05-20
NorSouth Construction Company of GA, Inc
Savannah, GA · 31401
$1,566,500
7(a)
The Huntington National Bank$71K/job · 2021-12-15
Generations on 1st LLC
Watertown, SD · 57201
$1,565,200
7(a)
Red River State Bank$1.6M/job · 2021-03-15
Hardoin Home Construction, LLC
Sulphur, OK · 73086
$1,500,000
7(a)
Simmons Bank$300K/job · 2013-03-12
Builtech Services, LLC
Schaumburg, IL · 60173
$1,500,000
7(a)
American Community Bank & Trust$20K/job · 2020-12-03
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