How much do SBA lenders typically lend to a electronic shopping business?

The median SBA approval in NAICS 454111 is $50,000, with the middle 80% of loans between $7,500 and $603,000. Across all industries the median is $180,000.

Which lenders are most active in electronic shopping?

By dollars approved: Wells Fargo Bank, JPMorgan Chase Bank, U.S. Bank, TD Bank, BankUnited. 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 electronic shopping considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.9% 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 454111 · Retail

SBA loans for electronic shopping

2,110 SBA loans worth $517.1M have been approved in this industry since FY2010 - the #111 most-financed NAICS code in the country.

Median loan

$50,000

-72% vs all industries

Typical range

$8K-$603K

Middle 80%

Median rate

7.30%

7(a) initial note rate

Median term

7 yr

Charge-off rate

11.9%

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	401	$50.3M
JPMorgan Chase Bank	346	$41.8M
U.S. Bank	80	$36.1M
TD Bank	209	$22.1M
BankUnited	14	$16.9M
BayFirst National Bank	58	$14.5M
Newtek Small Business Finance, Inc.	17	$12.8M
Banc of California	11	$11.2M
Bank of America	26	$10.2M
Columbia Bank	39	$9.5M

Geography

Where these loans were made

State	Loans	Share
California	378
New York	271
Florida	149
New Jersey	130
Texas	97
Utah	85
Ohio	71
Illinois	68

Approvals by fiscal year

’10

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Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
43%
$50K - $150K
21%
$150K - $350K
17%
$350K - $1M
13%
$1M - $2M
4%
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 All Other Miscellaneous Retailers1,536 · $150,000 Gift, Novelty, and Souvenir Stores1,534 · $75,000

Common questions

How much do SBA lenders typically lend to a electronic shopping business?: The median SBA approval in NAICS 454111 is $50,000, with the middle 80% of loans between $7,500 and $603,000. Across all industries the median is $180,000.
Which lenders are most active in electronic shopping?: By dollars approved: Wells Fargo Bank, JPMorgan Chase Bank, U.S. Bank, TD Bank, BankUnited. 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 electronic shopping considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 11.9% 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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