How much do SBA lenders typically lend to a wholesale trade agents and brokers business?

The median SBA approval in NAICS 425120 is $180,000, with the middle 80% of loans between $25,000 and $1,416,000. Across all industries the median is $180,000.

Which lenders are most active in wholesale trade agents and brokers?

By dollars approved: The Huntington National Bank, Manufacturers and Traders Trust Company, Platinum Bank, Pinnacle Bank, Regions 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 wholesale trade agents and brokers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.3% 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 425120 · Wholesale

SBA loans for wholesale trade agents and brokers

1,547 SBA loans worth $758.5M have been approved in this industry since FY2010 - the #145 most-financed NAICS code in the country.

Median loan

$180,000

+0% vs all industries

Typical range

$25K-$1.4M

Middle 80%

Median rate

7.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

11.3%

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
The Huntington National Bank	68	$26.0M
Manufacturers and Traders Trust Company	77	$25.2M
Platinum Bank	8	$24.5M
Pinnacle Bank	12	$23.8M
Regions Bank	19	$20.4M
Wells Fargo Bank	113	$19.9M
Newtek Bank	38	$17.3M
JPMorgan Chase Bank	109	$16.7M
U.S. Bank	42	$16.0M
Empire State Certified Development Corporation	7	$14.3M

Geography

Where these loans were made

State	Loans	Share
California	239
Florida	178
Texas	129
New York	128
New Jersey	85
Illinois	67
Minnesota	66
Ohio	60

Approvals by fiscal year

’10

’11

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
18%
$50K - $150K
23%
$150K - $350K
25%
$350K - $1M
20%
$1M - $2M
8%
Over $2M
6%

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 Recyclable Material Merchant Wholesalers1,450 · $350,000 Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers1,431 · $250,000

Common questions

How much do SBA lenders typically lend to a wholesale trade agents and brokers business?: The median SBA approval in NAICS 425120 is $180,000, with the middle 80% of loans between $25,000 and $1,416,000. Across all industries the median is $180,000.
Which lenders are most active in wholesale trade agents and brokers?: By dollars approved: The Huntington National Bank, Manufacturers and Traders Trust Company, Platinum Bank, Pinnacle Bank, Regions 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 wholesale trade agents and brokers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.3% 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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