How much do SBA lenders typically lend to a other farm product raw material merchant wholesalers business?

The median SBA approval in NAICS 424590 is $225,000, with the middle 80% of loans between $25,000 and $2,000,000. Across all industries the median is $180,000.

Which lenders are most active in other farm product raw material merchant wholesalers?

By dollars approved: Truist Bank, Regions Bank, Bank of Hope, GBC International Bank, Lake Michigan CU. 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 farm product raw material merchant wholesalers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.1% 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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NAICS 424590 · Wholesale

SBA loans for other farm product raw material merchant wholesalers

204 SBA loans worth $165.7M have been approved in this industry since FY2010 - the #538 most-financed NAICS code in the country.

Median loan

$225,000

+25% vs all industries

Typical range

$25K-$2.0M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

7 yr

Charge-off rate

5.1%

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
Truist Bank	11	$38.1M
Regions Bank	3	$13.4M
Bank of Hope	8	$12.0M
GBC International Bank	3	$6.3M
Lake Michigan CU	2	$6.1M
Pinnacle Bank	2	$6.0M
Hancock Whitney Bank	2	$5.1M
First Bank of the Lake	1	$5.0M
U.S. Bank	5	$3.9M
Wells Fargo Bank	10	$3.9M

Geography

Where these loans were made

State	Loans	Share
California	36
Wyoming	26
Georgia	20
New York	17
Florida	13
Utah	6
Ohio	6
Oregon	5

An SBA 7(a) lender for loans this size

57% of the SBA loans approved in other farm product raw material merchant wholesalers since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

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Approvals by fiscal year

’10

’12

’14

’16

’18

’20

’22

’24

’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
18%
$50K - $150K
20%
$150K - $350K
19%
$350K - $1M
17%
$1M - $2M
13%
Over $2M
13%

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 other farm product raw material merchant wholesalers business?: The median SBA approval in NAICS 424590 is $225,000, with the middle 80% of loans between $25,000 and $2,000,000. Across all industries the median is $180,000.
Which lenders are most active in other farm product raw material merchant wholesalers?: By dollars approved: Truist Bank, Regions Bank, Bank of Hope, GBC International Bank, Lake Michigan CU. 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 farm product raw material merchant wholesalers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 5.1% 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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