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

The median SBA approval in NAICS 445120 is $179,100, with the middle 80% of loans between $25,000 and $828,000. Across all industries the median is $180,000.

Which lenders are most active in convenience stores?

By dollars approved: Commonwealth Business Bank, The Huntington National Bank, Bank of Hope, Hanmi Bank, Metro City 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 convenience stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.1% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 445120 · Retail

SBA loans for convenience stores

4,629 SBA loans worth $1.52B have been approved in this industry since FY2010 - the #49 most-financed NAICS code in the country.

Median loan

$179,100

-1% vs all industries

Typical range

$25K-$828K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.1%

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
Commonwealth Business Bank	451	$226.3M
The Huntington National Bank	483	$62.1M
Bank of Hope	132	$44.2M
Hanmi Bank	83	$39.8M
Metro City Bank	47	$33.7M
Columbia Bank	79	$30.6M
Celtic Bank Corporation	52	$27.1M
Wells Fargo Bank	169	$27.0M
Enterprise Bank & Trust	34	$24.7M
U.S. Bank	173	$21.9M

Geography

Where these loans were made

State	Loans	Share
California	990
Ohio	407
Massachusetts	306
Texas	280
New York	264
Washington	245
Michigan	235
Oregon	160

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

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’22

’23

’24

’25

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
22%
$50K - $150K
23%
$150K - $350K
23%
$350K - $1M
25%
$1M - $2M
6%
Over $2M
1%

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 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 convenience stores business?: The median SBA approval in NAICS 445120 is $179,100, with the middle 80% of loans between $25,000 and $828,000. Across all industries the median is $180,000.
Which lenders are most active in convenience stores?: By dollars approved: Commonwealth Business Bank, The Huntington National Bank, Bank of Hope, Hanmi Bank, Metro City 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 convenience stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.1% were charged off, versus 7.6% across all SBA lending. That is close to average.

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