How much do SBA lenders typically lend to a recyclable material merchant wholesalers business?

The median SBA approval in NAICS 423930 is $350,000, with the middle 80% of loans between $42,000 and $2,261,000. Across all industries the median is $180,000.

Which lenders are most active in recyclable material merchant wholesalers?

By dollars approved: Columbia Bank, Busey Bank, The Huntington National Bank, Byline Bank, Newtek Small Business Finance, Inc.. 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 recyclable material merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 423930 · Wholesale

SBA loans for recyclable material merchant wholesalers

1,450 SBA loans worth $1.19B have been approved in this industry since FY2010 - the #152 most-financed NAICS code in the country.

Median loan

$350,000

+94% vs all industries

Typical range

$42K-$2.3M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.9%

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
Columbia Bank	25	$56.3M
Busey Bank	14	$50.8M
The Huntington National Bank	93	$43.8M
Byline Bank	18	$35.3M
Newtek Small Business Finance, Inc.	22	$25.6M
Open Bank	6	$25.2M
Midwest BankCentre	5	$25.0M
Enterprise Bank & Trust	19	$23.9M
CDC Small Business Finance Corp.	22	$22.3M
Truist Bank	18	$22.3M

Geography

Where these loans were made

State	Loans	Share
California	276
Texas	114
Florida	86
Ohio	82
Illinois	77
New York	71
Georgia	60
Massachusetts	51

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
11%
$50K - $150K
17%
$150K - $350K
22%
$350K - $1M
25%
$1M - $2M
13%
Over $2M
13%

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 Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers1,431 · $250,000

Common questions

How much do SBA lenders typically lend to a recyclable material merchant wholesalers business?: The median SBA approval in NAICS 423930 is $350,000, with the middle 80% of loans between $42,000 and $2,261,000. Across all industries the median is $180,000.
Which lenders are most active in recyclable material merchant wholesalers?: By dollars approved: Columbia Bank, Busey Bank, The Huntington National Bank, Byline Bank, Newtek Small Business Finance, Inc.. 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 recyclable material merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.