NAICS sector 45

Retail Trade

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

44,673 SBA loans worth $18.19B across 52 industries in this sector.

Loans

44,673

Approved

$18.19B

Median loan

$145,000

Median term

10 yr

Charge-off rate

9.9%

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 52 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
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%	-
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%
Electronic Shopping	454111	2,110	$50,000	7.30%	11.9%
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%	-
Vending Machine Operators	454210	1,217	$104,000	6.00%	7.8%
Florists	453110	1,204	$72,000	6.00%	8.3%
Pharmacies and Drug Retailers	456110	1,177	$365,000	10.00%	-
Used Merchandise Stores	453310	1,142	$100,000	6.00%	8.9%
Sporting Goods Retailers	459110	1,076	$162,500	10.00%	-
Hobby, Toy, and Game Stores	451120	954	$75,000	6.35%	10.3%
All Other General Merchandise Stores	452990	843	$80,000	6.00%	9.4%
Cosmetics, Beauty Supplies, and Perfume Retailers	456120	785	$150,000	10.50%	-
Tobacco Stores	453991	699	$61,300	6.25%	9.5%
Hobby, Toy, and Game Retailers	459120	699	$150,000	10.25%	-
Musical Instrument and Supplies Stores	451140	653	$126,000	6.00%	6.2%
Jewelry Retailers	458310	589	$150,000	10.50%	-
Office Supplies and Stationery Stores	453210	575	$146,000	6.00%	9.3%
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%	-
Used Merchandise Retailers	459510	468	$150,000	10.25%	-
Art Dealers	453920	439	$100,000	6.50%	5.3%
Sewing, Needlework, and Piece Goods Stores	451130	418	$68,400	6.25%	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%
Food (Health) Supplement Retailers	456191	331	$150,000	10.50%	-
All Other General Merchandise Stores	452319	281	$100,000	6.50%	12.2%
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%	-
Musical Instrument and Supplies Retailers	459140	180	$150,000	10.00%	-
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%
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
The Huntington National Bank	3,197	$687.2M
Wells Fargo Bank	3,462	$644.6M
Celtic Bank Corporation	834	$629.1M
Readycap Lending, LLC	781	$468.3M
U.S. Bank	1,835	$468.3M
Live Oak Banking Company	280	$368.5M
Byline Bank	293	$332.6M
JPMorgan Chase Bank	1,953	$327.3M
Mortgage Capital Development Corporation	213	$282.2M
Open Bank	135	$244.3M

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

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

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