How much do SBA lenders typically lend to a hardware stores business?

The median SBA approval in NAICS 444130 is $301,900, with the middle 80% of loans between $40,000 and $1,257,000. Across all industries the median is $180,000.

Which lenders are most active in hardware stores?

By dollars approved: Wells Fargo Bank, The Huntington National Bank, Newtek Small Business Finance, Inc., Live Oak Banking Company, National Cooperative 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 hardware stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.2% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 444130 · Retail

SBA loans for hardware stores

2,000 SBA loans worth $1.03B have been approved in this industry since FY2010 - the #117 most-financed NAICS code in the country.

Median loan

$301,900

+68% vs all industries

Typical range

$40K-$1.3M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.2%

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
Wells Fargo Bank	132	$98.1M
The Huntington National Bank	137	$45.5M
Newtek Small Business Finance, Inc.	68	$45.3M
Live Oak Banking Company	30	$34.5M
National Cooperative Bank	36	$33.6M
PNC Bank	44	$25.2M
U.S. Bank	52	$21.5M
JPMorgan Chase Bank	61	$20.7M
Byline Bank	13	$19.5M
Celtic Bank Corporation	16	$16.7M

Geography

Where these loans were made

State	Loans	Share
California	175
Ohio	123
Texas	105
Michigan	104
Minnesota	100
New York	94
Wisconsin	85
Florida	72

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
11%
$50K - $150K
20%
$150K - $350K
22%
$350K - $1M
32%
$1M - $2M
11%
Over $2M
4%

Nearby

Other retail industries

See the sector

Gasoline Stations with Convenience Stores9,734 · $788,400 Beer, Wine, and Liquor Stores8,158 · $300,000 Supermarkets and Other Grocery Retailers7,314 · $350,000 Pharmacies and Drug Stores4,651 · $350,000 Convenience Stores4,629 · $179,100 Used Car Dealers4,422 · $227,750 Automotive Parts and Accessories Stores2,779 · $181,100 Beer, Wine, and Liquor Retailers2,760 · $500,000

Common questions

How much do SBA lenders typically lend to a hardware stores business?: The median SBA approval in NAICS 444130 is $301,900, with the middle 80% of loans between $40,000 and $1,257,000. Across all industries the median is $180,000.
Which lenders are most active in hardware stores?: By dollars approved: Wells Fargo Bank, The Huntington National Bank, Newtek Small Business Finance, Inc., Live Oak Banking Company, National Cooperative 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 hardware stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.2% were charged off, versus 7.6% across all SBA lending. That is close to average.

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