How much do SBA lenders typically lend to a office equipment merchant wholesalers business?

The median SBA approval in NAICS 423420 is $247,000, with the middle 80% of loans between $40,000 and $1,970,300. Across all industries the median is $180,000.

Which lenders are most active in office equipment merchant wholesalers?

By dollars approved: U.S. Bank, Platinum Bank, BMO Bank, Wells Fargo Bank, Byline 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 office equipment merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.5% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 423420 · Wholesale

SBA loans for office equipment merchant wholesalers

341 SBA loans worth $222.6M have been approved in this industry since FY2010 - the #422 most-financed NAICS code in the country.

Median loan

$247,000

+37% vs all industries

Typical range

$40K-$2.0M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

6.5%

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
U.S. Bank	22	$14.6M
Platinum Bank	5	$11.2M
BMO Bank	5	$10.9M
Wells Fargo Bank	17	$10.6M
Byline Bank	7	$10.0M
First American Bank	2	$9.8M
The Huntington National Bank	18	$8.8M
Fulton Bank	5	$6.8M
Newtek Bank	10	$6.6M
Zions Bank, A Division of	4	$5.5M

Geography

Where these loans were made

State	Loans	Share
California	49
Florida	26
Massachusetts	21
New York	20
Texas	19
Minnesota	17
New Jersey	15
Illinois	14

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
12%
$50K - $150K
23%
$150K - $350K
23%
$350K - $1M
20%
$1M - $2M
13%
Over $2M
10%

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 office equipment merchant wholesalers business?: The median SBA approval in NAICS 423420 is $247,000, with the middle 80% of loans between $40,000 and $1,970,300. Across all industries the median is $180,000.
Which lenders are most active in office equipment merchant wholesalers?: By dollars approved: U.S. Bank, Platinum Bank, BMO Bank, Wells Fargo Bank, Byline 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 office equipment merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.5% were charged off, versus 7.6% across all SBA lending. That is close to average.

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