NAICS 424490 · Wholesale
SBA loans for other grocery and related products merchant wholesalers
2,289 SBA loans worth $1.07B have been approved in this industry since FY2010 - the #103 most-financed NAICS code in the country.
Median loan
$150,000
-17% vs all industries
Typical range
$25K-$1.3M
Middle 80%
Median rate
7.00%
7(a) initial note rate
Median term
10 yr
Charge-off rate
9.7%
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 | Share |
|---|---|---|---|
| Citibank | 12 | $40.8M | |
| JPMorgan Chase Bank | 197 | $39.6M | |
| Wells Fargo Bank | 115 | $39.4M | |
| The Huntington National Bank | 120 | $38.1M | |
| TD Bank | 219 | $37.0M | |
| Business Finance Capital | 16 | $28.7M | |
| Newtek Bank | 69 | $25.1M | |
| Mortgage Capital Development Corporation | 14 | $24.6M | |
| Enterprise Bank & Trust | 20 | $19.9M | |
| CDC Small Business Finance Corp. | 21 | $17.5M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 416 | |
| New York | 263 | |
| Florida | 163 | |
| New Jersey | 138 | |
| Texas | 132 | |
| Illinois | 120 | |
| Ohio | 80 | |
| Massachusetts | 76 |
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 $50K21%
- $50K - $150K26%
- $150K - $350K22%
- $350K - $1M18%
- $1M - $2M7%
- Over $2M6%
Nearby
Other wholesale industries
Other Miscellaneous Durable Goods Merchant Wholesalers4,432 · $296,000Other Miscellaneous Nondurable Goods Merchant Wholesalers3,598 · $270,000Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers1,953 · $150,000Industrial Machinery and Equipment Merchant Wholesalers1,918 · $300,000Sporting and Recreational Goods and Supplies Merchant Wholesalers1,706 · $191,750Wholesale Trade Agents and Brokers1,547 · $180,000Recyclable Material Merchant Wholesalers1,450 · $350,000Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers1,431 · $250,000
Common questions
- How much do SBA lenders typically lend to a other grocery and related products merchant wholesalers business?
- The median SBA approval in NAICS 424490 is $150,000, with the middle 80% of loans between $25,000 and $1,292,000. Across all industries the median is $180,000.
- Which lenders are most active in other grocery and related products merchant wholesalers?
- By dollars approved: Citibank, JPMorgan Chase Bank, Wells Fargo Bank, The Huntington National 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 other grocery and related products merchant wholesalers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 9.7% 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.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.