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NAICS sector 42

Wholesale Trade

Name: SBA lending in Wholesale Trade
Creator: U.S. Small Business Administration
License: https://www.usa.gov/government-works

52,654 SBA loans worth $32.28B across 71 industries in this sector.

Loans

52,654

Approved

$32.28B

Median loan

$250,000

Median term

10 yr

Charge-off rate

8.3%

vs 7.6% all sectors

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.

Inside the sector

All 71 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
Other Miscellaneous Durable Goods Merchant Wholesalers	423990	4,432	$296,000	6.25%	6.9%
Other Miscellaneous Nondurable Goods Merchant Wholesalers	424990	3,598	$270,000	6.25%	7.5%
Other Grocery and Related Products Merchant Wholesalers	424490	2,289	$150,000	7.00%	9.7%
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers	423450	1,953	$150,000	7.00%	8.9%
Industrial Machinery and Equipment Merchant Wholesalers	423830	1,918	$300,000	6.25%	4.7%
Sporting and Recreational Goods and Supplies Merchant Wholesalers	423910	1,706	$191,750	6.50%	8.9%
Wholesale Trade Agents and Brokers	425120	1,547	$180,000	7.50%	11.3%
Recyclable Material Merchant Wholesalers	423930	1,450	$350,000	6.00%	7.9%
Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers	424330	1,431	$250,000	6.00%	12.6%
General Line Grocery Merchant Wholesalers	424410	1,368	$340,000	6.83%	8.3%
Motor Vehicle Supplies and New Parts Merchant Wholesalers	423120	1,293	$250,000	6.50%	7.2%
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers	423610	1,293	$343,000	6.00%	7.1%
Other Electronic Parts and Equipment Merchant Wholesalers	423690	1,071	$250,000	6.58%	12.0%
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers	423940	1,037	$150,000	7.50%	11.0%
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers	423310	999	$309,000	6.30%	8.0%
Industrial Supplies Merchant Wholesalers	423840	974	$295,750	6.50%	5.4%
Automobile and Other Motor Vehicle Merchant Wholesalers	423110	939	$325,000	6.75%	9.8%
Drugs and Druggists' Sundries Merchant Wholesalers	424210	910	$154,750	7.00%	11.7%
Home Furnishing Merchant Wholesalers	423220	876	$200,000	6.75%	11.1%
Furniture Merchant Wholesalers	423210	842	$300,000	6.68%	8.0%
Wine and Distilled Alcoholic Beverage Merchant Wholesalers	424820	836	$125,000	7.25%	7.9%
Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers	424310	779	$250,000	6.25%	9.3%
Toy and Hobby Goods and Supplies Merchant Wholesalers	423920	758	$150,000	7.25%	7.1%
Meat and Meat Product Merchant Wholesalers	424470	753	$346,000	6.25%	7.8%
Fresh Fruit and Vegetable Merchant Wholesalers	424480	752	$250,000	6.50%	10.1%
Metal Service Centers and Other Metal Merchant Wholesalers	423510	710	$375,250	6.00%	9.4%
Other Construction Material Merchant Wholesalers	423390	694	$250,000	6.25%	8.2%
Other Commercial Equipment Merchant Wholesalers	423440	679	$250,000	6.50%	7.8%
Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers	424930	654	$200,000	6.90%	7.0%
Service Establishment Equipment and Supplies Merchant Wholesalers	423850	643	$182,000	6.50%	6.0%
Fish and Seafood Merchant Wholesalers	424460	642	$250,000	6.50%	9.7%
Brick, Stone, and Related Construction Material Merchant Wholesalers	423320	631	$276,100	6.44%	5.8%
Hardware Merchant Wholesalers	423710	629	$312,000	6.50%	6.4%
Other Chemical and Allied Products Merchant Wholesalers	424690	625	$269,000	6.00%	3.7%
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers	423430	609	$180,000	6.88%	7.2%
Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers	423620	585	$162,000	7.50%	19.2%
Farm Supplies Merchant Wholesalers	424910	575	$230,000	6.25%	6.2%
Clothing and Clothing Accessories Merchant Wholesalers	424350	540	$200,000	10.50%	-
Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers	423860	521	$302,700	6.50%	8.3%
Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers	423720	500	$350,000	6.13%	5.2%
Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers	423810	462	$300,000	6.00%	6.0%
Farm and Garden Machinery and Equipment Merchant Wholesalers	423820	405	$350,000	6.00%	3.5%
Men's and Boys' Clothing and Furnishings Merchant Wholesalers	424320	386	$215,000	6.00%	11.9%
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers	423730	378	$295,000	6.25%	6.7%
Packaged Frozen Food Merchant Wholesalers	424420	358	$225,000	6.50%	12.2%
Other Professional Equipment and Supplies Merchant Wholesalers	423490	358	$200,000	6.73%	8.5%
Office Equipment Merchant Wholesalers	423420	341	$247,000	6.00%	6.5%
Petroleum and Petroleum Products Merchant Wholesalers	424720	339	$350,000	6.00%	3.5%
Beer and Ale Merchant Wholesalers	424810	323	$196,000	6.25%	6.9%
Industrial and Personal Service Paper Merchant Wholesalers	424130	319	$250,000	6.75%	7.0%
Confectionery Merchant Wholesalers	424450	284	$150,000	7.25%	5.4%
Stationery and Office Supplies Merchant Wholesalers	424120	274	$150,000	6.40%	6.4%
Tobacco Product and Electronic Cigarette Merchant Wholesalers	424940	263	$170,000	7.00%	8.5%
Motor Vehicle Parts (Used) Merchant Wholesalers	423140	258	$211,500	7.00%	5.7%
Business to Business Electronic Markets	425110	248	$150,000	6.22%	14.9%
Roofing, Siding, and Insulation Material Merchant Wholesalers	423330	229	$250,000	6.25%	5.0%
Dairy Product (except Dried or Canned) Merchant Wholesalers	424430	229	$153,500	6.75%	14.6%
Footwear Merchant Wholesalers	424340	221	$300,000	6.07%	11.5%
Tire and Tube Merchant Wholesalers	423130	212	$326,400	6.25%	11.0%
Plastics Materials and Basic Forms and Shapes Merchant Wholesalers	424610	211	$300,000	6.00%	5.0%
Other Farm Product Raw Material Merchant Wholesalers	424590	204	$225,000	6.00%	5.1%
Printing and Writing Paper Merchant Wholesalers	424110	189	$327,000	6.50%	9.7%
Grain and Field Bean Merchant Wholesalers	424510	188	$506,500	5.75%	3.8%
Paint, Varnish, and Supplies Merchant Wholesalers	424950	172	$214,000	6.95%	4.3%
Book, Periodical, and Newspaper Merchant Wholesalers	424920	125	$193,500	6.60%	9.2%
Refrigeration Equipment and Supplies Merchant Wholesalers	423740	119	$204,700	6.50%	14.0%
Petroleum Bulk Stations and Terminals	424710	119	$292,000	6.00%	0.0%
Poultry and Poultry Product Merchant Wholesalers	424440	105	$350,000	6.25%	5.2%
Ophthalmic Goods Merchant Wholesalers	423460	103	$150,000	7.70%	10.7%
Photographic Equipment and Supplies Merchant Wholesalers	423410	93	$250,000	6.25%	0.0%
Livestock Merchant Wholesalers	424520	63	$151,300	6.25%	7.9%

Lenders

Most active in this sector

Lender	Loans	Approved
Wells Fargo Bank	2,950	$1.39B
The Huntington National Bank	2,353	$943.3M
JPMorgan Chase Bank	3,465	$845.0M
Business Finance Capital	535	$835.1M
CDC Small Business Finance Corp.	757	$752.2M
U.S. Bank	1,960	$720.7M
Mortgage Capital Development Corporation	480	$616.2M
Empire State Certified Development Corporation	405	$593.8M
Bank of Hope	956	$588.4M
TD Bank	2,467	$522.1M

Approvals by fiscal year

’10

’12

’14

’16

’18

’20

’22

’24

’26

Gross approval dollars. Final bar is a partial fiscal year.

An SBA 7(a) lender for loans this size

58% of the SBA loans approved in the wholesale sector since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

We may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.

By state

Wholesale SBA lending in 53 states

Each state page lists the lenders and industries behind the sector's loans there. States with fewer than 20 loans in the sector have no page.

California10,991 · $400,000 Florida4,645 · $250,000 New York4,487 · $150,000 Texas3,508 · $250,000 New Jersey2,172 · $200,000 Ohio2,016 · $150,000 Illinois1,986 · $300,000 Minnesota1,431 · $240,000 Michigan1,418 · $188,500 Pennsylvania1,336 · $200,000 Georgia1,328 · $400,000 Massachusetts1,189 · $100,000 Washington1,127 · $280,000 Wisconsin981 · $250,000 Utah959 · $210,000 Colorado935 · $260,000 Arizona923 · $325,000 Indiana899 · $250,000 Missouri851 · $267,300 North Carolina746 · $267,950 Puerto Rico585 · $70,000 Oregon583 · $200,000 Connecticut524 · $177,500 Virginia512 · $200,000 Maryland486 · $150,000 Nevada449 · $213,900 Tennessee362 · $275,000 Idaho351 · $150,000 South Carolina347 · $300,000 Iowa328 · $244,250 New Hampshire318 · $150,000 Kentucky311 · $150,000 Kansas300 · $237,500 Louisiana278 · $250,000 Alabama273 · $250,000 Oklahoma268 · $250,000 Rhode Island266 · $178,000 Nebraska250 · $220,650 Hawaii250 · $50,000 Maine208 · $100,000 Montana205 · $150,000 Mississippi170 · $137,500 New Mexico155 · $215,000 South Dakota138 · $372,000 Arkansas135 · $200,000 Vermont128 · $100,000 Delaware120 · $87,700 North Dakota111 · $200,000 Wyoming90 · $137,000 West Virginia74 · $150,000 Guam67 · $50,000 Alaska44 · $384,500 District of Columbia30 · $107,500

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