How Much Can Family Clothing Stores Businesses Get in SBA Loans?
3,523 SBA loans totaling $446.9M have been approved for family clothing stores businesses (NAICS 448140). The average approved SBA loan is $127K, which is 63% below avg the $340K national average. 615 active lenders fund this industry with a 28.0% default rate on the matured 2018-2021 loan cohort.
At 28.0%, Family Clothing 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 448140 (Family Clothing Stores) received 3,523 SBA loans worth $446.9M across 5+ states. Average loan $127K, average term 91 months, 28.0% default rate (resolved-loan basis).615 active SBA-approved lenders fund this industry. Most family clothing stores loans use the SBA 7(a) program. There are approximately 26,886 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Family Clothing Stores?-92% decline
Which SBA Program Do Family Clothing Stores Businesses Use Most?
What Is the Best SBA Loan for Family Clothing Stores?
The most widely used SBA program for family clothing stores businesses — flexible terms, multiple use cases
Where Are Family Clothing Stores SBA Loans Most Common?
Top SBA Lenders for Family Clothing Stores
These banks have funded the most SBA loans for family clothing stores businesses (NAICS 448140). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 351 | $18.2M |
| 2 | Wells Fargo Bank National Association(SD) | 243 | $30.1M |
| 3 | Bank of Hope(CA) | 189 | $13.5M |
| 4 | Citizens Bank, National Association(RI) | 172 | $7.0M |
| 5 | JPMorgan Chase Bank, National Association(OH) | 171 | $12.4M |
Family Clothing Stores Industry Context
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How Does SBA Lending Work for Family Clothing Stores Businesses?
Across all SBA loan programs, 3,523 loans have been approved for businesses classified under NAICS 448140 (Family Clothing Stores), representing $446.9M in total capital deployed. The average approved loan of $127K is 63% below avg the national SBA average of $340K, with typical repayment terms of 91 months.
SBA lending for family clothing stores has contracted approximately 92% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 615 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for family clothing 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 family clothing 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 — Family Clothing Stores SBA Loans
What is the average SBA loan size for family clothing stores businesses?
Which SBA loan program is best for a family clothing stores business?
How many lenders fund SBA loans for family clothing stores?
What states have the most SBA lending for family clothing stores?
How does PeerSense help family clothing stores businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Family Clothing Stores defined by NAICS code 448140. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.