BlogRankingIndustryBest Excavation & Site Prep SBA Lenders of 2026

Best Excavation & Site Prep SBA Lenders of 2026

February 2, 2026
Industry, Ranking
5 min read

Best Excavation & Site Prep SBA Lenders of 2026

$142.0M
Total Funded

405
Loans Approved

$351K
Avg Loan Size

10.25%
Avg Interest Rate

110
Active Lenders

SBA Loans for Excavation & Site Prep Businesses

The Excavation & Site Prep industry received $142.0M in SBA 7(a) loans across 405 businesses in 2025. With 110 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Excavation & Site Prep industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Excavation & Site Prep businesses is $351K with an average rate of 10.25%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Excavation & Site Prep businesses by business stage:

🚀 Startups
22%
$18.2M • 89 loans

🏢 Existing Businesses
71%
$80.7M • 286 loans

🔄 Business Acquisitions
7%
$43.0M • 29 loans

Top 50 SBA Lenders for Excavation & Site Prep (2025)

These are the banks that funded the most SBA 7(a) loan volume to Excavation & Site Prep businesses, ranked by total volume:

Rank Lender Volume Loans Avg Rate
1 The Huntington National Bank $9.8M 37 9.70%
2 Northeast Bank $9.6M 38 10.45%
3 T Bank, National Association $9.6M 5 9.60%
4 TD Bank, National Association $6.9M 27 9.75%
5 Newtek Bank, National Association $5.5M 10 10.50%
6 Fulton Bank, National Association $5.4M 4 9.88%
7 Brookline Bank, a Division of Beacon Bank and Trust $5.0M 2 7.88%
8 Western Alliance Bank $5.0M 1 7.75%
9 OakStar Bank $5.0M 1 9.50%
10 MISSINGMAINBANKID $5.0M 1 9.57%
11 NBT Bank, National Association $3.8M 2 7.00%
12 Eastern Bank $3.8M 6 9.33%
13 U.S. Bank, National Association $3.7M 40 10.95%
14 SouthState Bank, National Association $3.2M 2 7.67%
15 WesBanco Bank, Inc. $3.2M 2 8.88%
16 Grasshopper Bank National Association $3.0M 3 10.92%
17 Harvest Small Business Finance, LLC $2.7M 2 6.50%
18 First Internet Bank of Indiana $2.7M 2 10.25%
19 Old National Bank $1.9M 2 7.65%
20 Bank of Clarke $1.9M 3 9.50%
21 Live Oak Banking Company $1.7M 2 9.50%
22 Manufacturers and Traders Trust Company $1.7M 29 12.09%
23 JPMorgan Chase Bank, National Association $1.7M 7 11.14%
24 Glacier Bank $1.7M 3 8.83%
25 Gesa CU $1.6M 1 9.25%
26 Pinnacle Bank $1.4M 1 8.50%
27 Ixonia Bank $1.4M 1 6.38%
28 Dream First Bank National Association $1.3M 1 8.00%
29 American Community Bank & Trust $1.2M 1 8.00%
30 Firstrust Savings Bank $1.2M 2 9.50%
31 BayFirst National Bank $1.2M 8 12.25%
32 Banner Bank $1.1M 6 9.12%
33 Readycap Lending, LLC $1.1M 13 13.23%
34 CenTrust Bank, A Division of SmartBiz Bank National Associat $1.1M 6 11.92%
35 Cadence Bank $1.0M 3 10.25%
36 Commerce Bank $1.0M 1 8.89%
37 Bank of Springfield $989K 4 8.05%
38 First Utah Bank $985K 1 10.00%
39 Zions Bank, A Division of $912K 16 11.27%
40 First Community Bank $697K 3 6.73%
41 Enterprise Bank & Trust $687K 1 8.50%
42 Peoples Bank $662K 3 9.59%
43 BancFirst $631K 2 7.75%
44 FWBank $608K 1 9.25%
45 Celtic Bank Corporation $600K 4 10.69%
46 GreenWay Bank $600K 1 9.50%
47 Five Star Bank $599K 4 8.50%
48 Lendistry SBLC, LLC $599K 3 11.83%
49 Four States Bank, Inc. $550K 1 10.50%
50 Plumas Bank $546K 1 8.50%

🚀 Best Lenders for Excavation & Site Prep Startups

Starting a new site preparation contractors business? These lenders funded the most startup loans in this industry:

Rank Lender Startup Volume Loans Avg Rate
1 T Bank, National Association $2.8M 1 9.25%
2 Eastern Bank $2.0M 1 9.00%
3 TD Bank, National Association $1.6M 7 9.94%
4 The Huntington National Bank $1.5M 8 9.68%
5 Dream First Bank National Association $1.3M 1 8.00%
6 Zions Bank, A Division of $622K 11 11.07%
7 Peoples Bank $579K 2 9.38%
8 Four States Bank, Inc. $550K 1 10.50%
9 Plumas Bank $546K 1 8.50%
10 Heritage Bank $500K 1 8.00%

🔄 Best Lenders for Excavation & Site Prep Acquisitions

Looking to buy an existing site preparation contractors business? These lenders specialize in acquisition financing:

Rank Lender Acquisition Volume Loans Avg Rate
1 T Bank, National Association $6.9M 4 9.69%
2 Western Alliance Bank $5.0M 1 7.75%
3 MISSINGMAINBANKID $5.0M 1 9.57%
4 The Huntington National Bank $4.7M 3 8.63%
5 Fulton Bank, National Association $4.2M 2 9.50%
6 First Internet Bank of Indiana $2.7M 2 10.25%
7 Grasshopper Bank National Association $2.2M 1 10.25%
8 Old National Bank $1.9M 2 7.65%
9 Live Oak Banking Company $1.7M 2 9.50%
10 Gesa CU $1.6M 1 9.25%

🏢 Best Lenders for Existing Excavation & Site Prep Businesses

Already running an established site preparation contractors business? These lenders have funded the most loans to existing businesses in your industry:

Rank Lender Volume Loans Avg Rate
1 Northeast Bank $9.5M 37 10.46%
2 Newtek Bank, National Association $5.5M 10 10.50%
3 TD Bank, National Association $5.2M 20 9.69%
4 Brookline Bank, a Division of Beacon Bank and Trust $5.0M 2 7.88%
5 OakStar Bank $5.0M 1 9.50%
6 NBT Bank, National Association $3.8M 2 7.00%
7 The Huntington National Bank $3.6M 26 9.83%
8 SouthState Bank, National Association $3.2M 2 7.67%
9 WesBanco Bank, Inc. $3.2M 2 8.88%
10 U.S. Bank, National Association $3.2M 27 10.76%

Top States for Excavation & Site Prep SBA Loans

Here are the states with the highest SBA lending volume for Excavation & Site Prep businesses:

Rank State Volume Loans
1 Colorado $14.7M 21
2 New York $13.1M 36
3 Massachusetts $9.9M 15
4 Missouri $9.1M 10
5 Pennsylvania $8.2M 15
6 Idaho $7.4M 18
7 Virginia $6.8M 10
8 Ohio $6.4M 28
9 California $6.3M 33
10 Nevada $5.8M 5
11 Washington $5.0M 16
12 New Jersey $4.5M 9
13 Texas $4.2M 17
14 Georgia $3.4M 9
15 Florida $3.2M 10
16 Louisiana $3.0M 3
17 Illinois $3.0M 7
18 Utah $2.8M 10
19 Kansas $2.7M 3
20 Arkansas $2.7M 2
21 Indiana $2.6M 10
22 Oregon $1.8M 15
23 Wisconsin $1.8M 6
24 North Carolina $1.5M 6
25 New Hampshire $1.2M 12
26 Arizona $1.2M 8
27 Michigan $1.1M 10
28 Oklahoma $1.0M 5
29 Rhode Island $900K 2
30 West Virginia $816K 3
31 Connecticut $767K 8
32 Mississippi $750K 4
33 Maryland $736K 5
34 Nebraska $496K 2
35 Minnesota $443K 3
36 Delaware $390K 3
37 Alabama $380K 4
38 South Dakota $342K 1
39 Kentucky $275K 3
40 Alaska $250K 1
41 Maine $220K 3
42 Iowa $195K 2
43 Vermont $175K 5
44 Wyoming $150K 1
45 South Carolina $130K 2
46 New Mexico $123K 3
47 Tennessee $73K 1

Top Cities for Excavation & Site Prep SBA Loans

Las Vegas, Nv

$5.3M
Volume

3
Loans

Uxbridge, Ma

$5.0M
Volume

2
Loans

Northmoor, Mo

$5.0M
Volume

1
Loans

Boise, Id

$5.0M
Volume

1
Loans

Ephrata, Pa

$4.2M
Volume

2
Loans

Queensbury, Ny

$3.8M
Volume

2
Loans

Fort Lupton, Co

$3.8M
Volume

2
Loans

Holtsville, Ny

$3.5M
Volume

2
Loans

Milford, Va

$3.3M
Volume

3
Loans

Berthoud, Co

$3.2M
Volume

2
Loans

Cincinnati, Oh

$3.2M
Volume

2
Loans

South Dennis, Ma

$3.1M
Volume

3
Loans

Grand Junction, Co

$3.1M
Volume

2
Loans

Connellsville, Pa

$2.8M
Volume

1
Loans

North Little Rock, Ar

$2.7M
Volume

2
Loans

Kenner, La

$2.5M
Volume

1
Loans

🤝 Why Use an SBA Broker for Excavation & Site Prep Loans?

GoSBA Loans has extensive experience financing Excavation & Site Prep businesses:

  • Industry expertise — we know which lenders specialize in Excavation & Site Prep
  • Access to 110+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Excavation & Site Prep SBA Loan

Our team specializes in SBA financing for Excavation & Site Prep businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Excavation & Site Prep business? GoSBA Loans specializes in SBA loans for Excavation & Site Prep businesses. Contact our industry specialists today for a free consultation.

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http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.

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