How Much Can Department Stores (except Discount Department Stores) Businesses Get in SBA Loans?
398 SBA loans totaling $28.4M have been approved for department stores (except discount department stores) businesses (NAICS 452111). The average approved SBA loan is $71K, which is 79% below avg the $340K national average. 45 active lenders fund this industry with a 29.4% default rate on the matured 2018-2021 loan cohort.
At 29.4%, Department Stores (except Discount Department 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 452111 (Department Stores (except Discount Department Stores)) received 398 SBA loans worth $28.4M across 5+ states. Average loan $71K, average term 76 months, 29.4% default rate (resolved-loan basis).45 active SBA-approved lenders fund this industry. Most department stores (except discount department stores) loans use the SBA 7(a) program.
Is SBA Lending Growing for Department Stores (except Discount Department Stores)?-50% decline
Which SBA Program Do Department Stores (except Discount Department Stores) Businesses Use Most?
What Is the Best SBA Loan for Department Stores (except Discount Department Stores)?
The most widely used SBA program for department stores (except discount department stores) businesses — flexible terms, multiple use cases
Where Are Department Stores (except Discount Department Stores) SBA Loans Most Common?
Top SBA Lenders for Department Stores (except Discount Department Stores)
These banks have funded the most SBA loans for department stores (except discount department stores) businesses (NAICS 452111). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 256 | $10.5M |
| 2 | PNC Bank, National Association(DE) | 37 | $1.3M |
| 3 | Citizens Bank, National Association(RI) | 25 | $1.1M |
| 4 | U.S. Bank, National Association(OH) | 8 | $2.7M |
| 5 | Manufacturers and Traders Trust Company(NY) | 6 | $320K |
Ready to Fund Your Department Stores (except Discount Department Stores) Business?
PeerSense places SBA loans for department stores (except discount 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 (except Discount Department Stores) Businesses?
Across all SBA loan programs, 398 loans have been approved for businesses classified under NAICS 452111 (Department Stores (except Discount Department Stores)), representing $28.4M in total capital deployed. The average approved loan of $71K is 79% below avg the national SBA average of $340K, with typical repayment terms of 76 months.
SBA lending for department stores (except discount department stores) has contracted approximately 50% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 45 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for department stores (except discount department 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.
PeerSense specializes in matching department stores (except discount 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 100+ 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 (except Discount Department Stores) SBA Loans
What is the average SBA loan size for department stores (except discount department stores) businesses?
Which SBA loan program is best for a department stores (except discount department stores) business?
How many lenders fund SBA loans for department stores (except discount department stores)?
What states have the most SBA lending for department stores (except discount department stores)?
How does PeerSense help department stores (except discount department stores) businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Department Stores (except Discount Department Stores) defined by NAICS code 452111. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.