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

The median SBA approval in NAICS 453310 is $100,000, with the middle 80% of loans between $12,000 and $569,500. Across all industries the median is $180,000.

Which lenders are most active in used merchandise stores?

By dollars approved: Wells Fargo Bank, Enterprise Bank & Trust, The Huntington National Bank, Columbia Bank, Empire State Certified Development Corporation. 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 used merchandise stores considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 453310 · Retail

SBA loans for used merchandise stores

1,142 SBA loans worth $265.9M have been approved in this industry since FY2010 - the #182 most-financed NAICS code in the country.

Median loan

$100,000

-44% vs all industries

Typical range

$12K-$570K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

8.9%

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	109	$21.2M
Enterprise Bank & Trust	10	$9.2M
The Huntington National Bank	78	$8.5M
Columbia Bank	35	$8.2M
Empire State Certified Development Corporation	7	$7.9M
U.S. Bank	42	$6.9M
TD Bank	37	$6.9M
JPMorgan Chase Bank	35	$6.7M
CDC Small Business Finance Corp.	7	$6.1M
Truist Bank	22	$5.9M

Geography

Where these loans were made

State	Loans	Share
California	84
Ohio	68
New York	63
Florida	56
Texas	56
Michigan	55
Missouri	39
Colorado	36

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
34%
$50K - $150K
22%
$150K - $350K
25%
$350K - $1M
15%
$1M - $2M
3%
Over $2M
1%

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 used merchandise stores business?: The median SBA approval in NAICS 453310 is $100,000, with the middle 80% of loans between $12,000 and $569,500. Across all industries the median is $180,000.
Which lenders are most active in used merchandise stores?: By dollars approved: Wells Fargo Bank, Enterprise Bank & Trust, The Huntington National Bank, Columbia Bank, Empire State Certified Development Corporation. 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 used merchandise stores considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.9% were charged off, versus 7.6% across all SBA lending. That is close to average.

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