NAICS 424510 · Wholesale
SBA loans for grain and field bean merchant wholesalers
188 SBA loans worth $193.5M have been approved in this industry since FY2010 - the #556 most-financed NAICS code in the country.
Median loan
$506,500
+181% vs all industries
Typical range
$50K-$2.8M
Middle 80%
Median rate
5.75%
7(a) initial note rate
Median term
10 yr
Charge-off rate
3.8%
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 | Share |
|---|---|---|---|
| Platinum Bank | 12 | $37.6M | |
| The First Bank and Trust Company | 7 | $25.5M | |
| Manufacturers and Traders Trust Company | 5 | $8.6M | |
| Rockland Trust Company | 4 | $8.0M | |
| Fifth Third Bank | 3 | $7.1M | |
| KeyBank | 4 | $5.8M | |
| Byline Bank | 1 | $5.0M | |
| UMB Bank | 2 | $4.9M | |
| Bank of Hope | 5 | $4.8M | |
| STAR Financial Bank | 4 | $4.6M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| Minnesota | 29 | |
| California | 23 | |
| Texas | 12 | |
| Illinois | 11 | |
| Idaho | 9 | |
| Indiana | 8 | |
| Massachusetts | 8 | |
| Iowa | 7 |
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 $50K8%
- $50K - $150K13%
- $150K - $350K19%
- $350K - $1M25%
- $1M - $2M17%
- Over $2M18%
Nearby
Other wholesale industries
Other Miscellaneous Durable Goods Merchant Wholesalers4,432 · $296,000Other Miscellaneous Nondurable Goods Merchant Wholesalers3,598 · $270,000Other Grocery and Related Products Merchant Wholesalers2,289 · $150,000Medical, 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 · $350,000
Common questions
- How much do SBA lenders typically lend to a grain and field bean merchant wholesalers business?
- The median SBA approval in NAICS 424510 is $506,500, with the middle 80% of loans between $50,000 and $2,837,000. Across all industries the median is $180,000.
- Which lenders are most active in grain and field bean merchant wholesalers?
- By dollars approved: Platinum Bank, The First Bank and Trust Company, Manufacturers and Traders Trust Company, Rockland Trust Company, Fifth Third 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 grain and field bean merchant wholesalers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.8% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.
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