How Much Can Computer and Computer Peripheral Equipment and Software Merchant Whole Businesses Get in SBA Loans?
1,263 SBA loans totaling $397.4M have been approved for computer and computer peripheral equipment and software merchant whole businesses (NAICS 423430). The average approved SBA loan is $315K, which is 8% below avg the $340K national average. 214 active lenders fund this industry with a 23.1% default rate on the matured 2018-2021 loan cohort.
At 23.1%, Computer and Computer Peripheral Equipment and Software Merchant Whole 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 423430 (Computer and Computer Peripheral Equipment and Software Merchant Whole) received 1,263 SBA loans worth $397.4M across 5+ states. Average loan $315K, average term 103 months, 23.1% default rate (resolved-loan basis).214 active SBA-approved lenders fund this industry. Most computer and computer peripheral equipment and software merchant whole loans use the SBA 7(a) program. There are approximately 6,818 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Computer and Computer Peripheral Equipment and Software Merchant Whole?+47% growth
Which SBA Program Do Computer and Computer Peripheral Equipment and Software Merchant Whole Businesses Use Most?
What Is the Best SBA Loan for Computer and Computer Peripheral Equipment and Software Merchant Whole?
The most widely used SBA program for computer and computer peripheral equipment and software merchant whole businesses — flexible terms, multiple use cases
Where Are Computer and Computer Peripheral Equipment and Software Merchant Whole SBA Loans Most Common?
Top SBA Lenders for Computer and Computer Peripheral Equipment and Software Merchant Whole
These banks have funded the most SBA loans for computer and computer peripheral equipment and software merchant whole businesses (NAICS 423430). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 167 | $11.6M |
| 2 | Wells Fargo Bank National Association(SD) | 90 | $34.0M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 86 | $12.8M |
| 4 | Capital One, National Association(VA) | 49 | $3.4M |
| 5 | U.S. Bank, National Association(OH) | 47 | $18.6M |
Computer and Computer Peripheral Equipment and Software Merchant Whole Industry Context
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How Does SBA Lending Work for Computer and Computer Peripheral Equipment and Software Merchant Whole Businesses?
Across all SBA loan programs, 1,263 loans have been approved for businesses classified under NAICS 423430 (Computer and Computer Peripheral Equipment and Software Merchant Whole), representing $397.4M in total capital deployed. The average approved loan of $315K is 8% below avg the national SBA average of $340K, with typical repayment terms of 103 months.
SBA lending for computer and computer peripheral equipment and software merchant whole is accelerating — loan volume has grown approximately 47% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The industry sees a balanced mix of SBA programs, with 9% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching computer and computer peripheral equipment and software merchant whole business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Computer and Computer Peripheral Equipment and Software Merchant Whole SBA Loans
What is the average SBA loan size for computer and computer peripheral equipment and software merchant whole businesses?
Which SBA loan program is best for a computer and computer peripheral equipment and software merchant whole business?
How many lenders fund SBA loans for computer and computer peripheral equipment and software merchant whole?
What states have the most SBA lending for computer and computer peripheral equipment and software merchant whole?
How does PeerSense help computer and computer peripheral equipment and software merchant whole businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Computer and Computer Peripheral Equipment and Software Merchant Whole defined by NAICS code 423430. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.