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

The median SBA approval in NAICS 448210 is $125,000, with the middle 80% of loans between $25,000 and $549,000. Across all industries the median is $180,000.

Which lenders are most active in shoe stores?

By dollars approved: Wells Fargo Bank, JPMorgan Chase Bank, U.S. Bank, The Huntington National Bank, FinWise 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 shoe stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 12.8% 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 448210 · Retail

SBA loans for shoe stores

791 SBA loans worth $211.3M have been approved in this industry since FY2010 - the #240 most-financed NAICS code in the country.

Median loan

$125,000

-31% vs all industries

Typical range

$25K-$549K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

7.2 yr

Charge-off rate

12.8%

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
Wells Fargo Bank	91	$33.9M
JPMorgan Chase Bank	54	$10.7M
U.S. Bank	32	$10.3M
The Huntington National Bank	48	$8.9M
FinWise Bank	2	$5.2M
State Bank of India (California)	3	$5.2M
Newtek Small Business Finance, Inc.	7	$5.0M
CDC Small Business Finance Corp.	8	$4.8M
Truist Bank	17	$4.2M
Metro City Bank	9	$4.1M

Geography

Where these loans were made

State	Loans	Share
California	114
New York	81
Florida	40
Texas	37
Ohio	36
Pennsylvania	34
New Jersey	29
Colorado	26

Approvals by fiscal year

’10

’11

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’14

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
23%
$50K - $150K
31%
$150K - $350K
26%
$350K - $1M
14%
$1M - $2M
5%
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 shoe stores business?: The median SBA approval in NAICS 448210 is $125,000, with the middle 80% of loans between $25,000 and $549,000. Across all industries the median is $180,000.
Which lenders are most active in shoe stores?: By dollars approved: Wells Fargo Bank, JPMorgan Chase Bank, U.S. Bank, The Huntington National Bank, FinWise 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 shoe stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 12.8% 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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