How much do SBA lenders typically lend to a industrial and personal service paper merchant wholesalers business?

The median SBA approval in NAICS 424130 is $250,000, with the middle 80% of loans between $30,000 and $2,106,000. Across all industries the median is $180,000.

Which lenders are most active in industrial and personal service paper merchant wholesalers?

By dollars approved: Banesco USA, Empire State Certified Development Corporation, California Statewide Certified Development Corporation, Wells Fargo Bank, U.S. 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 industrial and personal service paper merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.0% were charged off, versus 7.6% across all SBA lending. That is close to average.

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NAICS 424130 · Wholesale

SBA loans for industrial and personal service paper merchant wholesalers

319 SBA loans worth $231.1M have been approved in this industry since FY2010 - the #439 most-financed NAICS code in the country.

Median loan

$250,000

+39% vs all industries

Typical range

$30K-$2.1M

Middle 80%

Median rate

6.75%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.0%

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
Banesco USA	7	$17.6M
Empire State Certified Development Corporation	5	$15.5M
California Statewide Certified Development Corporation	4	$10.7M
Wells Fargo Bank	21	$9.4M
U.S. Bank	16	$9.2M
First American Bank	8	$8.6M
TD Bank	32	$6.6M
Byline Bank	2	$6.5M
Pinnacle Bank	3	$6.4M
Busey Bank	3	$6.4M

Geography

Where these loans were made

State	Loans	Share
California	56
Florida	42
New York	33
Texas	22
New Jersey	19
Illinois	13
Ohio	12
Michigan	9

An SBA 7(a) lender for loans this size

59% of the SBA loans approved in industrial and personal service paper 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
16%
$50K - $150K
22%
$150K - $350K
22%
$350K - $1M
16%
$1M - $2M
13%
Over $2M
12%

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 industrial and personal service paper merchant wholesalers business?: The median SBA approval in NAICS 424130 is $250,000, with the middle 80% of loans between $30,000 and $2,106,000. Across all industries the median is $180,000.
Which lenders are most active in industrial and personal service paper merchant wholesalers?: By dollars approved: Banesco USA, Empire State Certified Development Corporation, California Statewide Certified Development Corporation, Wells Fargo Bank, U.S. 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 industrial and personal service paper merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.0% were charged off, versus 7.6% across all SBA lending. That is close to average.

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