How much do SBA lenders typically lend to a fresh fruit and vegetable merchant wholesalers business?

The median SBA approval in NAICS 424480 is $250,000, with the middle 80% of loans between $25,000 and $1,959,000. Across all industries the median is $180,000.

Which lenders are most active in fresh fruit and vegetable merchant wholesalers?

By dollars approved: Wells Fargo Bank, U.S. Bank, Business Finance Capital, Newtek Bank, TD 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 fresh fruit and vegetable merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.1% 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 424480 · Wholesale

SBA loans for fresh fruit and vegetable merchant wholesalers

752 SBA loans worth $525.0M have been approved in this industry since FY2010 - the #253 most-financed NAICS code in the country.

Median loan

$250,000

+39% vs all industries

Typical range

$25K-$2.0M

Middle 80%

Median rate

6.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

10.1%

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
Wells Fargo Bank	62	$39.2M
U.S. Bank	32	$34.8M
Business Finance Capital	17	$31.3M
Newtek Bank	16	$17.4M
TD Bank	68	$15.7M
JPMorgan Chase Bank	71	$14.7M
CDC Small Business Finance Corp.	9	$11.8M
Live Oak Banking Company	5	$11.2M
Newtek Small Business Finance, Inc.	6	$11.2M
Southland Economic Development Corporation	6	$10.6M

Geography

Where these loans were made

State	Loans	Share
California	226
Florida	87
New York	81
Texas	50
New Jersey	35
Arizona	26
Massachusetts	26
Ohio	25

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
15%
$50K - $150K
22%
$150K - $350K
19%
$350K - $1M
22%
$1M - $2M
13%
Over $2M
10%

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 fresh fruit and vegetable merchant wholesalers business?: The median SBA approval in NAICS 424480 is $250,000, with the middle 80% of loans between $25,000 and $1,959,000. Across all industries the median is $180,000.
Which lenders are most active in fresh fruit and vegetable merchant wholesalers?: By dollars approved: Wells Fargo Bank, U.S. Bank, Business Finance Capital, Newtek Bank, TD 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 fresh fruit and vegetable merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.1% 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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