NAICS 424910 · Wholesale
SBA loans for farm supplies merchant wholesalers
575 SBA loans worth $311.4M have been approved in this industry since FY2010 - the #311 most-financed NAICS code in the country.
Median loan
$230,000
+28% vs all industries
Typical range
$25K-$1.4M
Middle 80%
Median rate
6.25%
7(a) initial note rate
Median term
10 yr
Charge-off rate
6.2%
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 |
|---|---|---|---|
| GBC International Bank | 6 | $15.8M | |
| Choice Financial Group | 4 | $15.1M | |
| Truist Bank | 8 | $9.5M | |
| Twin Cities-Metro Certified Development Company | 5 | $9.2M | |
| Zions Bank, A Division of | 23 | $8.4M | |
| BMO Bank | 5 | $7.3M | |
| Wells Fargo Bank | 16 | $6.8M | |
| Banesco USA | 7 | $6.8M | |
| Pinnacle Bank | 3 | $6.7M | |
| The Huntington National Bank | 20 | $6.3M |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 69 | |
| Texas | 45 | |
| Minnesota | 43 | |
| Ohio | 29 | |
| Iowa | 26 | |
| New York | 24 | |
| Wisconsin | 23 | |
| Washington | 22 |
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 $50K16%
- $50K - $150K22%
- $150K - $350K22%
- $350K - $1M24%
- $1M - $2M10%
- Over $2M6%
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 farm supplies merchant wholesalers business?
- The median SBA approval in NAICS 424910 is $230,000, with the middle 80% of loans between $25,000 and $1,440,000. Across all industries the median is $180,000.
- Which lenders are most active in farm supplies merchant wholesalers?
- By dollars approved: GBC International Bank, Choice Financial Group, Truist Bank, Twin Cities-Metro Certified Development Company, Zions Bank, A Division of. 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 farm supplies merchant wholesalers considered a risky industry by SBA lenders?
- Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.2% were charged off, versus 7.6% across all SBA lending. That is close to average.
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.