How much do SBA lenders typically lend to a baked goods retailers business?

The median SBA approval in NAICS 445291 is $201,750, with the middle 80% of loans between $25,000 and $834,000. Across all industries the median is $180,000.

Which lenders are most active in baked goods retailers?

By dollars approved: The Huntington National Bank, Wells Fargo Bank, KeyBank, Readycap Lending, LLC, JPMorgan Chase 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 baked goods retailers considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 445291 · Retail

SBA loans for baked goods retailers

1,914 SBA loans worth $703.9M have been approved in this industry since FY2010 - the #122 most-financed NAICS code in the country.

Median loan

$201,750

+12% vs all industries

Typical range

$25K-$834K

Middle 80%

Median rate

6.89%

7(a) initial note rate

Median term

10 yr

Charge-off rate

8.8%

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
The Huntington National Bank	220	$51.0M
Wells Fargo Bank	57	$16.9M
KeyBank	33	$15.3M
Readycap Lending, LLC	24	$14.9M
JPMorgan Chase Bank	66	$14.8M
Commonwealth Business Bank	15	$14.3M
Wilmington Savings Fund Society	17	$14.3M
Live Oak Banking Company	15	$14.2M
NewBank	20	$13.2M
Byline Bank	20	$12.6M

Geography

Where these loans were made

State	Loans	Share
California	236
New York	165
Texas	127
Ohio	124
New Jersey	111
Michigan	94
Pennsylvania	92
Massachusetts	82

Approvals by fiscal year

’10

’11

’12

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’14

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’16

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’19

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
19%
$50K - $150K
22%
$150K - $350K
24%
$350K - $1M
27%
$1M - $2M
6%
Over $2M
2%

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 baked goods retailers business?: The median SBA approval in NAICS 445291 is $201,750, with the middle 80% of loans between $25,000 and $834,000. Across all industries the median is $180,000.
Which lenders are most active in baked goods retailers?: By dollars approved: The Huntington National Bank, Wells Fargo Bank, KeyBank, Readycap Lending, LLC, JPMorgan Chase 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 baked goods retailers considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

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