How much do SBA lenders typically lend to a lumber, plywood, millwork, and wood panel merchant wholesalers business?

The median SBA approval in NAICS 423310 is $309,000, with the middle 80% of loans between $45,000 and $2,277,000. Across all industries the median is $180,000.

Which lenders are most active in lumber, plywood, millwork, and wood panel merchant wholesalers?

By dollars approved: Truist Bank, Regions Bank, TD Bank, Wells Fargo Bank, JPMorgan Chase Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is lumber, plywood, millwork, and wood panel merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.0% were charged off, versus 7.6% across all SBA lending. That is close to average.

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NAICS 423310 · Wholesale

SBA loans for lumber, plywood, millwork, and wood panel merchant wholesalers

999 SBA loans worth $794.9M have been approved in this industry since FY2010 - the #204 most-financed NAICS code in the country.

Median loan

$309,000

+72% vs all industries

Typical range

$45K-$2.3M

Middle 80%

Median rate

6.30%

7(a) initial note rate

Median term

10 yr

Charge-off rate

8.0%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Truist Bank	30	$54.1M
Regions Bank	16	$37.7M
TD Bank	39	$37.1M
Wells Fargo Bank	46	$23.5M
JPMorgan Chase Bank	65	$19.7M
East West Bank	10	$18.3M
KeyBank	17	$18.2M
California Statewide Certified Development Corporation	12	$17.2M
Business Finance Capital	9	$16.0M
Southland Economic Development Corporation	5	$15.1M

Geography

Where these loans were made

State	Loans	Share
California	135
Florida	78
New York	77
Texas	66
Washington	49
Minnesota	48
Ohio	36
Pennsylvania	36

An SBA 7(a) lender for loans this size

52% of the SBA loans approved in lumber, plywood, millwork, and wood panel merchant wholesalers since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

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Approvals by fiscal year

’10

’12

’14

’16

’18

’20

’22

’24

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
11%
$50K - $150K
20%
$150K - $350K
21%
$350K - $1M
22%
$1M - $2M
13%
Over $2M
13%

Franchise brands in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers

Franchise brand	Loans	Approved	Share
ProSource Wholesale	2	$1.3M
Floorcoverings International	1	$124K

Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.

Nearby

Other wholesale industries

See the sector

Other Miscellaneous Durable Goods Merchant Wholesalers4,432 · $296,000 Other Miscellaneous Nondurable Goods Merchant Wholesalers3,598 · $270,000 Other Grocery and Related Products Merchant Wholesalers2,289 · $150,000 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers1,953 · $150,000 Industrial Machinery and Equipment Merchant Wholesalers1,918 · $300,000 Sporting and Recreational Goods and Supplies Merchant Wholesalers1,706 · $191,750 Wholesale Trade Agents and Brokers1,547 · $180,000 Recyclable Material Merchant Wholesalers1,450 · $350,000

Common questions

How much do SBA lenders typically lend to a lumber, plywood, millwork, and wood panel merchant wholesalers business?: The median SBA approval in NAICS 423310 is $309,000, with the middle 80% of loans between $45,000 and $2,277,000. Across all industries the median is $180,000.
Which lenders are most active in lumber, plywood, millwork, and wood panel merchant wholesalers?: By dollars approved: Truist Bank, Regions Bank, TD Bank, Wells Fargo Bank, JPMorgan Chase Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is lumber, plywood, millwork, and wood panel merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.0% were charged off, versus 7.6% across all SBA lending. That is close to average.

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