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

The median SBA approval in NAICS 454112 is $56,500, with the middle 80% of loans between $5,000 and $483,000. Across all industries the median is $180,000.

Which lenders are most active in electronic auctions?

By dollars approved: Farmers and Merchants Bank, Enterprise Bank & Trust, B:Side Capital, Bay Area Employment Development Company, Merchants and Planters 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 electronic auctions considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 16.1% 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 454112 · Retail

SBA loans for electronic auctions

84 SBA loans worth $18.1M have been approved in this industry since FY2010 - the #732 most-financed NAICS code in the country.

Median loan

$56,500

-69% vs all industries

Typical range

$5K-$483K

Middle 80%

Median rate

6.50%

7(a) initial note rate

Median term

7 yr

Charge-off rate

16.1%

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
Farmers and Merchants Bank	1	$3.5M
Enterprise Bank & Trust	4	$1.6M
B:Side Capital	1	$1.5M
Bay Area Employment Development Company	1	$1.3M
Merchants and Planters Bank	2	$1.3M
TD Bank	9	$1.0M
Renasant Bank	2	$930K
U.S. Bank	3	$875K
Unified Bank	1	$739K
JPMorgan Chase Bank	5	$650K

Geography

Where these loans were made

State	Loans	Share
California	11
New York	10
Ohio	7
Wisconsin	6
Texas	6
Minnesota	4
Nebraska	3
Kansas	3

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’20

’22

’23

’24

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
45%
$50K - $150K
19%
$150K - $350K
15%
$350K - $1M
15%
$1M - $2M
4%
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 electronic auctions business?: The median SBA approval in NAICS 454112 is $56,500, with the middle 80% of loans between $5,000 and $483,000. Across all industries the median is $180,000.
Which lenders are most active in electronic auctions?: By dollars approved: Farmers and Merchants Bank, Enterprise Bank & Trust, B:Side Capital, Bay Area Employment Development Company, Merchants and Planters 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 electronic auctions considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 16.1% 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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