What is the SBA loan default rate for Clothing Accessories Stores?

At 28.1%, Clothing Accessories Stores sits well above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), elevated default risk relative to other SBA industries. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 353 lenders actively fund this industry.

Which SBA program is best for Clothing Accessories Stores?

The SBA 7(a) program is the most commonly used for Clothing Accessories Stores businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 448150Retail Trade

How Much Can Clothing Accessories Stores Businesses Get in SBA Loans?

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2,241 SBA loans totaling $275.9M have been approved for clothing accessories stores businesses (NAICS 448150). The average approved SBA loan is $123K, which is 64% below avg the $340K national average. 353 active lenders fund this industry with a 28.1% default rate on the matured 2018-2021 loan cohort.

Elevated default risk28.1% vs 15.4% all industry avg

At 28.1%, Clothing Accessories Stores sits well above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), elevated default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 448150 (Clothing Accessories Stores) received 2,241 SBA loans worth $275.9M across 5+ states. Average loan $123K, average term 86 months, 28.1% default rate (resolved loan basis).353 active SBA approved lenders fund this industry. Most clothing accessories stores loans use the SBA 7(a) program.

2,241

Total SBA Loans

$275.9M

Total Volume

$123K

Avg Loan Size

64% below avg

353

Active Lenders

86 mo

Avg Term

34% below avg

13,253

Jobs Supported

Is SBA Lending Growing for Clothing Accessories Stores?-87% decline

$19.8M

$12.3M

$24.6M

$9.1M

$9.7M

$14.9M

$11.6M

$2.1M

$191K

$1.0M

Which SBA Program Do Clothing Accessories Stores Businesses Use Most?

SBA 7(a)2,171 (97%)

SBA 50471 (3%)

What Is the Best SBA Loan for Clothing Accessories Stores?

SBA 7(a)

The most widely used SBA program for clothing accessories stores businesses: flexible terms, multiple use cases

Industry avg loan: $123K

Typical term: 86 months

Historical avg rate: 6.92%

353+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 28.1%

Where Are Clothing Accessories Stores SBA Loans Most Common?

367 loans

$52.9M

246 loans

$23.5M

136 loans

$18.6M

133 loans

$16.4M

97 loans

$13.2M

SBA Lending Activity in Clothing Accessories Stores

353 SBA lenders have funded 2,241 loans to clothing accessories stores businesses (NAICS 448150). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

2,241

Active lenders

353

Total volume

$275.9M

Avg loan size

$123K

Browse all SBA lenders

Talk to PeerSense

PeerSense sources capital for clothing accessories stores businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Clothing Accessories Stores business.

Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.

SBA 7(a) / 504: PeerSense will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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How Does SBA Lending Work for Clothing Accessories Stores Businesses?

Across all SBA loan programs, 2,241 loans have been approved for businesses classified under NAICS 448150 (Clothing Accessories Stores), representing $275.9M in total capital deployed. The average approved loan of $123K is 64% below avg the national SBA average of $340K, with typical repayment terms of 86 months.

SBA lending for clothing accessories stores has contracted approximately 87% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 353 lenders remain active, maintaining competitive options for qualified borrowers.

The overwhelming majority of SBA lending for clothing accessories stores uses the 7(a) program, which provides the most flexibility, covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

Talk to PeerSense about a clothing accessories stores file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Clothing Accessories Stores SBA Loans

What is the average SBA loan size for clothing accessories stores businesses?

Based on 2,241 approved SBA loans, the average loan size for clothing accessories stores (NAICS 448150) is $123K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a clothing accessories stores business?

SBA 7(a) is the most commonly used SBA program for clothing accessories stores businesses. The most widely used SBA program for clothing accessories stores businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for clothing accessories stores?

353 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a clothing accessories stores file.

What states have the most SBA lending for clothing accessories stores?

CA leads with 367 SBA loans and $52.9M in total volume for clothing accessories stores businesses. NY, TX, FL also show strong lending activity in this sector.

How does PeerSense help clothing accessories stores businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a clothing accessories stores file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

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Data aggregated from SBA loan records (1992 to 2025). Clothing Accessories Stores defined by NAICS code 448150. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.