How much do SBA lenders typically lend to a supermarkets and other grocery retailers business?

The median SBA approval in NAICS 445110 is $350,000, with the middle 80% of loans between $30,000 and $1,910,000. Across all industries the median is $180,000.

Which lenders are most active in supermarkets and other grocery retailers?

By dollars approved: NewBank, Bank of Hope, Metro City Bank, The Huntington National Bank, U.S. 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 supermarkets and other grocery retailers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.8% 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 445110 · Retail

SBA loans for supermarkets and other grocery retailers

7,314 SBA loans worth $5.28B have been approved in this industry since FY2010 - the #27 most-financed NAICS code in the country.

Median loan

$350,000

+94% vs all industries

Typical range

$30K-$1.9M

Middle 80%

Median rate

6.24%

7(a) initial note rate

Median term

10 yr

Charge-off rate

10.8%

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
NewBank	301	$411.9M
Bank of Hope	344	$277.3M
Metro City Bank	105	$160.8M
The Huntington National Bank	411	$123.8M
U.S. Bank	217	$112.9M
Wells Fargo Bank	220	$109.6M
Byline Bank	82	$109.3M
The Bank of Princeton	92	$97.7M
Readycap Lending, LLC	72	$87.3M
Commonwealth Business Bank	61	$78.5M

Geography

Where these loans were made

State	Loans	Share
California	1,242
New York	1,096
Ohio	326
Michigan	320
Illinois	279
Texas	277
New Jersey	275
Washington	256

Approvals by fiscal year

’10

’11

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
13%
$50K - $150K
18%
$150K - $350K
19%
$350K - $1M
26%
$1M - $2M
15%
Over $2M
9%

Nearby

Other retail industries

See the sector

Gasoline Stations with Convenience Stores9,734 · $788,400 Beer, Wine, and Liquor Stores8,158 · $300,000 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 All Other Specialty Food Stores2,624 · $150,000

Common questions

How much do SBA lenders typically lend to a supermarkets and other grocery retailers business?: The median SBA approval in NAICS 445110 is $350,000, with the middle 80% of loans between $30,000 and $1,910,000. Across all industries the median is $180,000.
Which lenders are most active in supermarkets and other grocery retailers?: By dollars approved: NewBank, Bank of Hope, Metro City Bank, The Huntington National Bank, U.S. 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 supermarkets and other grocery retailers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 10.8% 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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