How much do SBA lenders typically lend to a vending machine operators business?

The median SBA approval in NAICS 454210 is $104,000, with the middle 80% of loans between $15,000 and $675,000. Across all industries the median is $180,000.

Which lenders are most active in vending machine operators?

By dollars approved: UniBank, Celtic Bank Corporation, Newtek Small Business Finance, Inc., The Huntington National Bank, United Midwest Savings 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 vending machine operators considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 454210 · Retail

SBA loans for vending machine operators

1,217 SBA loans worth $347.2M have been approved in this industry since FY2010 - the #173 most-financed NAICS code in the country.

Median loan

$104,000

-42% vs all industries

Typical range

$15K-$675K

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

10 yr

Charge-off rate

7.8%

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
UniBank	79	$49.8M
Celtic Bank Corporation	57	$38.7M
Newtek Small Business Finance, Inc.	29	$23.0M
The Huntington National Bank	77	$20.0M
United Midwest Savings Bank	95	$12.0M
U.S. Bank	40	$10.7M
KeyBank	17	$10.3M
Wells Fargo Bank	96	$9.6M
Simmons Bank	11	$8.5M
Enterprise Bank & Trust	7	$7.3M

Geography

Where these loans were made

State	Loans	Share
Texas	148
California	94
Florida	74
New York	60
Michigan	58
Ohio	54
Missouri	44
Illinois	37

Approvals by fiscal year

’10

’11

’12

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’14

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’16

’17

’18

’19

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
28%
$50K - $150K
31%
$150K - $350K
23%
$350K - $1M
11%
$1M - $2M
4%
Over $2M
3%

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 vending machine operators business?: The median SBA approval in NAICS 454210 is $104,000, with the middle 80% of loans between $15,000 and $675,000. Across all industries the median is $180,000.
Which lenders are most active in vending machine operators?: By dollars approved: UniBank, Celtic Bank Corporation, Newtek Small Business Finance, Inc., The Huntington National Bank, United Midwest Savings 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 vending machine operators considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 7.8% were charged off, versus 7.6% across all SBA lending. That is close to average.

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