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

The median SBA approval in NAICS 424340 is $300,000, with the middle 80% of loans between $25,000 and $2,280,000. Across all industries the median is $180,000.

Which lenders are most active in footwear merchant wholesalers?

By dollars approved: California Statewide Certified Development Corporation, Newtek Bank, Bank of Hope, Wells Fargo Bank, East West 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 footwear merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.5% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

NAICS 424340 · Wholesale

SBA loans for footwear merchant wholesalers

221 SBA loans worth $178.5M have been approved in this industry since FY2010 - the #520 most-financed NAICS code in the country.

Median loan

$300,000

+67% vs all industries

Typical range

$25K-$2.3M

Middle 80%

Median rate

6.07%

7(a) initial note rate

Median term

10 yr

Charge-off rate

11.5%

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
California Statewide Certified Development Corporation	12	$31.8M
Newtek Bank	6	$11.4M
Bank of Hope	9	$11.0M
Wells Fargo Bank	18	$10.6M
East West Bank	12	$10.3M
Empire State Certified Development Corporation	4	$9.0M
Business Finance Capital	2	$7.5M
Columbia Bank	8	$6.3M
Mortgage Capital Development Corporation	3	$6.2M
Pinnacle Bank	2	$5.4M

Geography

Where these loans were made

State	Loans	Share
California	95
New York	20
Florida	17
Texas	13
New Jersey	8
Minnesota	8
Georgia	6
Massachusetts	6

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
14%
$50K - $150K
18%
$150K - $350K
21%
$350K - $1M
22%
$1M - $2M
11%
Over $2M
14%

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 footwear merchant wholesalers business?: The median SBA approval in NAICS 424340 is $300,000, with the middle 80% of loans between $25,000 and $2,280,000. Across all industries the median is $180,000.
Which lenders are most active in footwear merchant wholesalers?: By dollars approved: California Statewide Certified Development Corporation, Newtek Bank, Bank of Hope, Wells Fargo Bank, East West 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 footwear merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.5% were charged off, versus 7.6% across all SBA lending. That is materially above average, which in practice tends to mean tighter underwriting, more collateral, or a larger equity injection.

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