How Much Can Farm and Garden Machinery and Equipment Wholesalers Businesses Get in SBA Loans?
151 SBA loans totaling $39.5M have been approved for farm and garden machinery and equipment wholesalers businesses (NAICS 421820). The average approved SBA loan is $262K, which is 23% below avg the $340K national average. 91 active lenders fund this industry with a 9.5% default rate on the matured 2018-2021 loan cohort.
At 9.5%, Farm and Garden Machinery and Equipment Wholesalers sits well below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — low 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 421820 (Farm and Garden Machinery and Equipment Wholesalers) received 151 SBA loans worth $39.5M across 5+ states. Average loan $262K, average term 109 months, 9.5% default rate (resolved-loan basis).91 active SBA-approved lenders fund this industry. Most farm and garden machinery and equipment wholesalers loans use the SBA 7(a) program. There are approximately 388,706 U.S. establishments in this industry (Census 2022).
Which SBA Program Do Farm and Garden Machinery and Equipment Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Farm and Garden Machinery and Equipment Wholesalers?
The most widely used SBA program for farm and garden machinery and equipment wholesalers businesses — flexible terms, multiple use cases
Where Are Farm and Garden Machinery and Equipment Wholesalers SBA Loans Most Common?
Top SBA Lenders for Farm and Garden Machinery and Equipment Wholesalers
These banks have funded the most SBA loans for farm and garden machinery and equipment wholesalers businesses (NAICS 421820). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Vista Bank(TX) | 20 | $673K |
| 2 | Bank of America, National Association(NC) | 6 | $471K |
| 3 | Old National Bank(IN) | 5 | $596K |
| 4 | Wells Fargo Bank National Association(SD) | 5 | $1.6M |
| 5 | Iowa Business Growth Company(IA) | 5 | $1.4M |
Farm and Garden Machinery and Equipment Wholesalers Industry Context
Ready to Fund Your Farm and Garden Machinery and Equipment Wholesalers Business?
PeerSense places SBA loans for farm and garden machinery and equipment wholesalers 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 Farm and Garden Machinery and Equipment Wholesalers Businesses?
Across all SBA loan programs, 151 loans have been approved for businesses classified under NAICS 421820 (Farm and Garden Machinery and Equipment Wholesalers), representing $39.5M in total capital deployed. The average approved loan of $262K is 23% below avg the national SBA average of $340K, with typical repayment terms of 109 months.
SBA lending for farm and garden machinery and equipment wholesalers has remained relatively stable across recent fiscal years. 91 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 17% 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 farm and garden machinery and equipment wholesalers 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 — Farm and Garden Machinery and Equipment Wholesalers SBA Loans
What is the average SBA loan size for farm and garden machinery and equipment wholesalers businesses?
Which SBA loan program is best for a farm and garden machinery and equipment wholesalers business?
How many lenders fund SBA loans for farm and garden machinery and equipment wholesalers?
What states have the most SBA lending for farm and garden machinery and equipment wholesalers?
How does PeerSense help farm and garden machinery and equipment wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Farm and Garden Machinery and Equipment Wholesalers defined by NAICS code 421820. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.