How much do SBA lenders typically lend to a meat and meat product merchant wholesalers business?

The median SBA approval in NAICS 424470 is $346,000, 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 meat and meat product merchant wholesalers?

By dollars approved: GBC International Bank, Commerce Bank, Wells Fargo Bank, The Huntington National Bank, JPMorgan Chase 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 meat and meat product merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 424470 · Wholesale

SBA loans for meat and meat product merchant wholesalers

753 SBA loans worth $569.3M have been approved in this industry since FY2010 - the #252 most-financed NAICS code in the country.

Median loan

$346,000

+92% vs all industries

Typical range

$30K-$2.0M

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.8%

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
GBC International Bank	26	$34.1M
Commerce Bank	9	$24.0M
Wells Fargo Bank	30	$23.0M
The Huntington National Bank	26	$16.9M
JPMorgan Chase Bank	53	$15.4M
World Trade Finance, Inc.	3	$15.0M
Citibank	7	$14.2M
Mortgage Capital Development Corporation	8	$13.7M
Regions Bank	8	$13.6M
First American Bank	13	$13.6M

Geography

Where these loans were made

State	Loans	Share
California	130
New York	91
Texas	80
Illinois	45
Florida	45
New Jersey	39
Georgia	26
Ohio	23

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
12%
$50K - $150K
18%
$150K - $350K
21%
$350K - $1M
23%
$1M - $2M
15%
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 meat and meat product merchant wholesalers business?: The median SBA approval in NAICS 424470 is $346,000, 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 meat and meat product merchant wholesalers?: By dollars approved: GBC International Bank, Commerce Bank, Wells Fargo Bank, The Huntington National Bank, JPMorgan Chase 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 meat and meat product merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

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