How much do SBA lenders typically lend to a gift, novelty, and souvenir stores business?

The median SBA approval in NAICS 453220 is $75,000, with the middle 80% of loans between $10,000 and $500,000. Across all industries the median is $180,000.

Which lenders are most active in gift, novelty, and souvenir stores?

By dollars approved: Wells Fargo Bank, U.S. Bank, The Huntington National Bank, JPMorgan Chase Bank, Enterprise Bank & Trust. 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 gift, novelty, and souvenir stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.7% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 453220 · Retail

SBA loans for gift, novelty, and souvenir stores

1,534 SBA loans worth $343.0M have been approved in this industry since FY2010 - the #147 most-financed NAICS code in the country.

Median loan

$75,000

-58% vs all industries

Typical range

$10K-$500K

Middle 80%

Median rate

6.25%

7(a) initial note rate

Median term

7.3 yr

Charge-off rate

8.7%

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	161	$28.6M
U.S. Bank	61	$20.0M
The Huntington National Bank	82	$11.4M
JPMorgan Chase Bank	64	$11.3M
Enterprise Bank & Trust	5	$7.8M
Empire State Certified Development Corporation	6	$6.3M
Cross River Bank	2	$6.3M
SouthState Bank	4	$5.2M
Centennial Bank	1	$5.0M
TD Bank	67	$4.8M

Geography

Where these loans were made

State	Loans	Share
California	159
New York	112
Texas	100
Florida	94
Ohio	71
Massachusetts	61
Wisconsin	46
Michigan	45

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
37%
$50K - $150K
29%
$150K - $350K
18%
$350K - $1M
12%
$1M - $2M
3%
Over $2M
2%

Nearby

Other retail industries

See the sector

All Other Miscellaneous Store Retailers4,300 · $107,450 Sporting Goods Stores3,679 · $121,000 Gasoline Stations with Convenience Stores2,813 · $1,292,200 Electronic Shopping and Mail-Order Houses2,417 · $100,000 Clothing and Clothing Accessories Retailers2,378 · $135,000 Other Direct Selling Establishments2,300 · $150,000 Electronic Shopping2,110 · $50,000 All Other Miscellaneous Retailers1,536 · $150,000

Common questions

How much do SBA lenders typically lend to a gift, novelty, and souvenir stores business?: The median SBA approval in NAICS 453220 is $75,000, with the middle 80% of loans between $10,000 and $500,000. Across all industries the median is $180,000.
Which lenders are most active in gift, novelty, and souvenir stores?: By dollars approved: Wells Fargo Bank, U.S. Bank, The Huntington National Bank, JPMorgan Chase Bank, Enterprise Bank & Trust. 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 gift, novelty, and souvenir stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.7% were charged off, versus 7.6% across all SBA lending. That is close to average.

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