How much do SBA lenders typically lend to a general line grocery merchant wholesalers business?

The median SBA approval in NAICS 424410 is $340,000, with the middle 80% of loans between $39,000 and $2,000,000. Across all industries the median is $180,000.

Which lenders are most active in general line grocery merchant wholesalers?

By dollars approved: Mortgage Capital Development Corporation, Empire State Certified Development Corporation, Wells Fargo Bank, Byline Bank, Small Business Growth Corporation. 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 general line grocery 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.

NAICS 424410 · Wholesale

SBA loans for general line grocery merchant wholesalers

1,368 SBA loans worth $1.06B have been approved in this industry since FY2010 - the #159 most-financed NAICS code in the country.

Median loan

$340,000

+89% vs all industries

Typical range

$39K-$2.0M

Middle 80%

Median rate

6.83%

7(a) initial note rate

Median term

10 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
Mortgage Capital Development Corporation	34	$51.0M
Empire State Certified Development Corporation	22	$44.4M
Wells Fargo Bank	43	$31.1M
Byline Bank	18	$25.2M
Small Business Growth Corporation	18	$25.2M
Business Finance Capital	15	$25.2M
CDC Small Business Finance Corp.	22	$21.5M
Trenton Business Assistance Corporation	11	$21.4M
Newtek Small Business Finance, Inc.	17	$19.9M
JPMorgan Chase Bank	71	$19.8M

Geography

Where these loans were made

State	Loans	Share
California	283
New York	155
Florida	132
New Jersey	94
Texas	86
Illinois	75
Georgia	53
Massachusetts	37

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
11%
$50K - $150K
16%
$150K - $350K
23%
$350K - $1M
23%
$1M - $2M
15%
Over $2M
11%

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 general line grocery merchant wholesalers business?: The median SBA approval in NAICS 424410 is $340,000, with the middle 80% of loans between $39,000 and $2,000,000. Across all industries the median is $180,000.
Which lenders are most active in general line grocery merchant wholesalers?: By dollars approved: Mortgage Capital Development Corporation, Empire State Certified Development Corporation, Wells Fargo Bank, Byline Bank, Small Business Growth Corporation. 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 general line grocery 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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