NAICS 423860 · Wholesale
SBA loans for transportation equipment and supplies (except motor vehicle) merchant wholesalers
521 SBA loans worth $395.8M have been approved in this industry since FY2010 - the #330 most-financed NAICS code in the country.
Median loan
$302,700
+68% vs all industries
Typical range
$30K-$2.0M
Middle 80%
Median rate
6.50%
7(a) initial note rate
Median term
9.8 yr
Charge-off rate
8.3%
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 | Share |
|---|---|---|---|
| Citibank | 18 | $55.0M | |
| Pinnacle Bank | 13 | $39.2M | |
| Truist Bank | 11 | $17.5M | |
| TD Bank | 41 | $16.6M | |
| Regions Bank | 5 | $16.1M | |
| First American Bank | 12 | $13.4M | |
| Bank of America | 10 | $13.1M | |
| JPMorgan Chase Bank | 39 | $9.0M | |
| East West Bank | 9 | $8.1M | |
| Banesco USA | 6 | $8.0M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Florida | 138 | |
| California | 72 | |
| Texas | 38 | |
| Arizona | 31 | |
| Georgia | 25 | |
| Illinois | 23 | |
| New York | 15 | |
| Pennsylvania | 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 $50K14%
- $50K - $150K20%
- $150K - $350K19%
- $350K - $1M22%
- $1M - $2M14%
- Over $2M10%
Nearby
Other wholesale industries
Other Miscellaneous Durable Goods Merchant Wholesalers4,432 · $296,000Other Miscellaneous Nondurable Goods Merchant Wholesalers3,598 · $270,000Other Grocery and Related Products Merchant Wholesalers2,289 · $150,000Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers1,953 · $150,000Industrial Machinery and Equipment Merchant Wholesalers1,918 · $300,000Sporting and Recreational Goods and Supplies Merchant Wholesalers1,706 · $191,750Wholesale Trade Agents and Brokers1,547 · $180,000Recyclable Material Merchant Wholesalers1,450 · $350,000
Common questions
- How much do SBA lenders typically lend to a transportation equipment and supplies (except motor vehicle) merchant wholesalers business?
- The median SBA approval in NAICS 423860 is $302,700, with the middle 80% of loans between $30,000 and $2,000,000. Across all industries the median is $180,000.
- Which lenders are most active in transportation equipment and supplies (except motor vehicle) merchant wholesalers?
- By dollars approved: Citibank, Pinnacle Bank, Truist Bank, TD Bank, Regions 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 transportation equipment and supplies (except motor vehicle) merchant wholesalers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.3% were charged off, versus 7.6% across all SBA lending. That is close to average.
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