How Much Can Department Stores Businesses Get in SBA Loans?
204 SBA loans totaling $43.8M have been approved for department stores businesses (NAICS 452110). The average approved SBA loan is $215K, which is 37% below avg the $340K national average. 130 active lenders fund this industry with a 18.1% default rate on the matured 2018-2021 loan cohort.
At 18.1%, Department Stores sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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 452110 (Department Stores) received 204 SBA loans worth $43.8M across 5+ states. Average loan $215K, average term 120 months, 18.1% default rate (resolved-loan basis).130 active SBA-approved lenders fund this industry. Most department stores loans use the SBA 7(a) program.
Which SBA Program Do Department Stores Businesses Use Most?
What Is the Best SBA Loan for Department Stores?
The most widely used SBA program for department stores businesses — flexible terms, multiple use cases
Where Are Department Stores SBA Loans Most Common?
Top SBA Lenders for Department Stores
These banks have funded the most SBA loans for department stores businesses (NAICS 452110). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 9 | $2.3M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 9 | $447K |
| 3 | PNC Bank, National Association(DE) | 8 | $3.1M |
| 4 | Manufacturers and Traders Trust Company(NY) | 7 | $757K |
| 5 | Simmons Bank(AR) | 6 | $1.4M |
Ready to Fund Your Department Stores Business?
PeerSense places SBA loans for department stores businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Department Stores Businesses?
Across all SBA loan programs, 204 loans have been approved for businesses classified under NAICS 452110 (Department Stores), representing $43.8M in total capital deployed. The average approved loan of $215K is 37% below avg the national SBA average of $340K, with typical repayment terms of 120 months.
SBA lending for department stores has remained relatively stable across recent fiscal years. 130 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
The industry sees a balanced mix of SBA programs, with 8% 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 department stores 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 — Department Stores SBA Loans
What is the average SBA loan size for department stores businesses?
Which SBA loan program is best for a department stores business?
How many lenders fund SBA loans for department stores?
What states have the most SBA lending for department stores?
How does PeerSense help department stores businesses get SBA loans?
Related Retail Trade Industries
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Gift, Novelty, and Souvenir Stores
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All Other General Merchandise Stores
Other Direct Selling Establishments
Data aggregated from SBA loan records (1992–2025). Department Stores defined by NAICS code 452110. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.