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NAICS sector 44

Retail Trade

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

91,542 SBA loans worth $50.11B across 119 industries in this sector.

Loans

91,542

Approved

$50.11B

Median loan

$250,000

Median term

10 yr

Charge-off rate

8.2%

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 119 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
Gasoline Stations with Convenience Stores	447110	9,734	$788,400	5.75%	3.9%
Beer, Wine, and Liquor Stores	445310	8,158	$300,000	6.00%	4.7%
Supermarkets and Other Grocery Retailers	445110	7,314	$350,000	6.24%	10.8%
Pharmacies and Drug Stores	446110	4,651	$350,000	6.00%	5.9%
Convenience Stores	445120	4,629	$179,100	6.00%	7.1%
Used Car Dealers	441120	4,422	$227,750	7.75%	12.5%
All Other Miscellaneous Store Retailers	453998	4,300	$107,450	6.00%	9.8%
Sporting Goods Stores	451110	3,679	$121,000	6.00%	10.4%
Gasoline Stations with Convenience Stores	457110	2,813	$1,292,200	9.25%	-
Automotive Parts and Accessories Stores	441310	2,779	$181,100	6.00%	7.3%
Beer, Wine, and Liquor Retailers	445320	2,760	$500,000	9.50%	-
All Other Specialty Food Stores	445299	2,624	$150,000	6.00%	10.0%
Electronic Shopping and Mail-Order Houses	454110	2,417	$100,000	7.75%	17.1%
Clothing and Clothing Accessories Retailers	458110	2,378	$135,000	10.50%	-
Other Direct Selling Establishments	454390	2,300	$150,000	6.00%	9.1%
Furniture Stores	442110	2,175	$250,000	6.00%	9.8%
Other Building Material Dealers	444190	2,162	$244,000	6.00%	5.5%
Electronic Shopping	454111	2,110	$50,000	7.30%	11.9%
Women's Clothing Stores	448120	2,037	$60,000	6.50%	13.0%
Hardware Stores	444130	2,000	$301,900	6.00%	7.2%
Baked Goods Retailers	445291	1,914	$201,750	6.89%	8.8%
Other Clothing Stores	448190	1,898	$100,000	6.25%	9.7%
Jewelry Stores	448310	1,699	$100,000	6.25%	8.3%
Cosmetics, Beauty Supplies, and Perfume Stores	446120	1,558	$125,000	6.25%	11.8%
All Other Miscellaneous Retailers	459999	1,536	$150,000	10.50%	-
Gift, Novelty, and Souvenir Stores	453220	1,534	$75,000	6.25%	8.7%
Pet and Pet Supplies Stores	453910	1,421	$150,000	6.00%	10.2%
All Other General Merchandise Retailers	455219	1,358	$125,750	10.50%	-
New Car Dealers	441110	1,252	$1,034,500	6.00%	5.5%
Floor Covering Stores	442210	1,224	$228,000	6.00%	8.0%
Vending Machine Operators	454210	1,217	$104,000	6.00%	7.8%
Nursery, Garden Center, and Farm Supply Stores	444220	1,209	$150,000	6.00%	6.8%
Florists	453110	1,204	$72,000	6.00%	8.3%
Pharmacies and Drug Retailers	456110	1,177	$365,000	10.00%	-
All Other Home Furnishings Stores	442299	1,173	$136,000	6.00%	8.4%
Used Merchandise Stores	453310	1,142	$100,000	6.00%	8.9%
Tire Dealers	441320	1,131	$273,000	6.00%	6.6%
Convenience Retailers	445131	1,113	$252,600	9.75%	-
Sporting Goods Retailers	459110	1,076	$162,500	10.00%	-
All Other Health and Personal Care Stores	446199	1,006	$143,450	6.00%	14.1%
Electronics Stores	443142	997	$100,000	6.50%	19.9%
Meat Markets	445210	996	$161,650	6.00%	11.1%
Hobby, Toy, and Game Stores	451120	954	$75,000	6.35%	10.3%
Food (Health) Supplement Stores	446191	933	$110,700	6.00%	12.8%
Automotive Parts and Accessories Retailers	441330	925	$250,000	10.25%	-
All Other General Merchandise Stores	452990	843	$80,000	6.00%	9.4%
Clothing Accessories Stores	448150	834	$55,000	6.32%	11.1%
Family Clothing Stores	448140	802	$70,000	6.49%	11.8%
Shoe Stores	448210	791	$125,000	6.00%	12.8%
Cosmetics, Beauty Supplies, and Perfume Retailers	456120	785	$150,000	10.50%	-
All Other Specialty Food Retailers	445298	761	$236,000	10.00%	-
Motorcycle, ATV, and All Other Motor Vehicle Dealers	441228	740	$436,000	5.95%	9.0%
Tobacco Stores	453991	699	$61,300	6.25%	9.5%
Hobby, Toy, and Game Retailers	459120	699	$150,000	10.25%	-
Boat Dealers	441222	674	$350,000	6.00%	3.9%
Recreational Vehicle Dealers	441210	657	$367,000	6.00%	5.6%
Musical Instrument and Supplies Stores	451140	653	$126,000	6.00%	6.2%
Furniture Retailers	449110	642	$300,000	10.25%	-
Vending Machine Operators	445132	628	$140,000	10.25%	-
Other Building Material Dealers	444180	627	$433,000	9.75%	-
Jewelry Retailers	458310	589	$150,000	10.50%	-
Confectionery and Nut Retailers	445292	582	$140,000	6.75%	9.8%
Office Supplies and Stationery Stores	453210	575	$146,000	6.00%	9.3%
Electronics and Appliance Retailers	449210	574	$200,000	10.25%	-
Hardware Retailers	444140	568	$477,650	9.00%	-
Pet and Pet Supplies Retailers	459910	555	$248,800	10.00%	-
Gift, Novelty, and Souvenir Retailers	459420	544	$102,750	10.25%	-
Florists	459310	526	$140,000	9.99%	-
Children's and Infants' Clothing Stores	448130	494	$74,350	6.25%	9.5%
Optical Goods Stores	446130	492	$150,000	6.05%	7.2%
Fruit and Vegetable Retailers	445230	487	$150,000	6.25%	12.6%
Used Merchandise Retailers	459510	468	$150,000	10.25%	-
Art Dealers	453920	439	$100,000	6.50%	5.3%
Men's Clothing Stores	448110	433	$100,000	6.25%	9.9%
All Other Home Furnishings Retailers	449129	425	$165,000	10.25%	-
Window Treatment Stores	442291	419	$150,000	6.25%	8.5%
Sewing, Needlework, and Piece Goods Stores	451130	418	$68,400	6.25%	7.3%
Outdoor Power Equipment Stores	444210	406	$171,000	6.00%	7.3%
Fuel Dealers	454310	376	$129,500	5.56%	1.5%
All Other Health and Personal Care Retailers	456199	371	$150,000	10.25%	-
Book Stores	451211	370	$61,250	6.25%	11.3%
Home Centers	444110	369	$350,000	6.00%	8.1%
Nursery, Garden Center, and Farm Supply Retailers	444240	368	$249,000	9.50%	-
Radio, Television, and Other Electronics Stores	443112	346	$83,400	6.00%	13.7%
Floor Covering Retailers	449121	345	$294,400	10.25%	-
Household Appliance Stores	443141	344	$168,400	6.00%	8.1%
Food (Health) Supplement Retailers	456191	331	$150,000	10.50%	-
Tire Dealers	441340	325	$300,000	9.94%	-
Motorcycle, ATV, and All Other Motor Vehicle Dealers	441227	322	$350,500	9.88%	-
Paint and Wallpaper Retailers	444120	297	$150,000	6.75%	7.9%
Meat Retailers	445240	294	$300,000	10.00%	-
Window Treatment Retailers	449122	293	$176,000	10.25%	-
All Other General Merchandise Stores	452319	281	$100,000	6.50%	12.2%
Other Gasoline Stations	447190	280	$211,500	6.00%	5.1%
Computer and Software Stores	443120	263	$100,000	6.01%	9.9%
Book Retailers and News Dealers	459210	254	$100,000	10.25%	-
Shoe Retailers	458210	248	$200,000	10.25%	-
Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers	459991	238	$150,000	10.25%	-
Fish and Seafood Markets	445220	230	$100,000	6.50%	4.7%
Motorcycle, ATV, and Personal Watercraft Dealers	441221	210	$227,000	6.00%	6.2%
Household Appliance Stores	443111	199	$106,000	6.00%	10.6%
All Other Motor Vehicle Dealers	441229	181	$348,000	6.00%	7.0%
Musical Instrument and Supplies Retailers	459140	180	$150,000	10.00%	-
Outdoor Power Equipment Retailers	444230	170	$350,000	9.75%	-
Sewing, Needlework, and Piece Goods Retailers	459130	162	$120,000	10.00%	-
Art Dealers	459920	153	$150,000	10.75%	-
Heating Oil Dealers	454311	144	$122,500	5.98%	10.3%
Mail-Order Houses	454113	120	$111,250	6.25%	10.4%
Department Stores	452111	116	$25,000	7.50%	13.1%
Department Stores	455110	112	$177,500	10.75%	-
Optical Goods Retailers	456130	107	$150,000	10.00%	-
Office Supplies and Stationery Retailers	459410	105	$266,000	9.75%	-
Fuel Dealers	457210	97	$210,000	9.75%	-
Electronic Auctions	454112	84	$56,500	6.50%	16.1%
Luggage and Leather Goods Stores	448320	82	$50,000	6.50%	10.5%
Fish and Seafood Retailers	445250	82	$250,000	10.25%	-
Other Gasoline Stations	457120	78	$505,000	9.75%	-
Manufactured (Mobile) Home Dealers	453930	53	$110,000	6.00%	10.5%
Discount Department Stores	452112	51	$42,200	6.56%	12.8%

Lenders

Most active in this sector

Lender	Loans	Approved
Live Oak Banking Company	1,550	$2.08B
Wells Fargo Bank	4,679	$1.44B
Metro City Bank	1,000	$1.43B
The Huntington National Bank	5,133	$1.40B
Bank of Hope	2,132	$1.24B
Celtic Bank Corporation	1,306	$1.05B
Hanmi Bank	1,199	$984.6M
U.S. Bank	2,778	$958.1M
Commonwealth Business Bank	1,093	$932.0M
Byline Bank	816	$863.0M

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

57% of the SBA loans approved in the retail 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

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By state

Retail SBA lending in 54 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.

California13,594 · $392,000 Texas6,759 · $350,000 New York6,373 · $150,000 Florida4,355 · $280,000 Ohio3,868 · $75,000 Georgia3,596 · $614,200 Michigan3,529 · $200,000 Illinois2,834 · $350,000 New Jersey2,831 · $315,000 Washington2,730 · $425,000 Massachusetts2,699 · $100,000 Colorado2,605 · $378,000 Pennsylvania2,590 · $175,000 Minnesota2,478 · $192,000 Wisconsin2,223 · $300,000 North Carolina1,631 · $262,800 Indiana1,598 · $250,000 Utah1,588 · $250,000 Missouri1,543 · $230,000 Arizona1,394 · $350,000 Oregon1,389 · $256,500 Puerto Rico1,331 · $50,000 Maryland1,220 · $200,000 Connecticut1,217 · $150,000 Virginia1,116 · $211,500 Tennessee865 · $285,000 New Hampshire825 · $120,000 Alabama782 · $325,000 Oklahoma782 · $257,250 South Carolina775 · $350,000 Kentucky760 · $150,000 Idaho759 · $198,000 Iowa751 · $200,000 Louisiana747 · $200,000 Kansas669 · $216,000 Nevada665 · $333,000 Mississippi619 · $150,000 Maine604 · $148,500 Nebraska557 · $150,000 Rhode Island505 · $150,000 Arkansas445 · $250,000 Montana424 · $219,500 South Dakota364 · $265,000 Vermont361 · $100,000 New Mexico359 · $230,000 Hawaii323 · $50,000 North Dakota315 · $200,000 Delaware262 · $80,500 District of Columbia244 · $350,000 West Virginia224 · $138,700 Alaska205 · $350,000 Wyoming148 · $293,700 Guam86 · $100,000 U.S. Virgin Islands23 · $150,000

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