How Much Can Footwear Wholesalers Businesses Get in SBA Loans?
193 SBA loans totaling $60.4M have been approved for footwear wholesalers businesses (NAICS 422340). The average approved SBA loan is $313K, which is 8% below avg the $340K national average. 77 active lenders fund this industry with a 14.8% default rate on the matured 2018-2021 loan cohort.
At 14.8%, Footwear Wholesalers sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate 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 422340 (Footwear Wholesalers) received 193 SBA loans worth $60.4M across 5+ states. Average loan $313K, average term 130 months, 14.8% default rate (resolved-loan basis).77 active SBA-approved lenders fund this industry. Most footwear 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 Footwear Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Footwear Wholesalers?
The most widely used SBA program for footwear wholesalers businesses — flexible terms, multiple use cases
Where Are Footwear Wholesalers SBA Loans Most Common?
Top SBA Lenders for Footwear Wholesalers
These banks have funded the most SBA loans for footwear wholesalers businesses (NAICS 422340). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 23 | $2.1M |
| 2 | Bank of Hope(CA) | 12 | $3.8M |
| 3 | PNC Bank, National Association(DE) | 8 | $1.7M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 8 | $896K |
| 5 | Wells Fargo Bank National Association(SD) | 7 | $3.1M |
Footwear Wholesalers Industry Context
Ready to Fund Your Footwear Wholesalers Business?
PeerSense places SBA loans for footwear wholesalers businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Financing a Footwear Wholesalers business? Get matched to an SBA lender.
Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.
SBA 7(a) / 504 — Response within 4 business hours. No obligation.
How Does SBA Lending Work for Footwear Wholesalers Businesses?
Across all SBA loan programs, 193 loans have been approved for businesses classified under NAICS 422340 (Footwear Wholesalers), representing $60.4M in total capital deployed. The average approved loan of $313K is 8% below avg the national SBA average of $340K, with typical repayment terms of 130 months.
SBA lending for footwear wholesalers has remained relatively stable across recent fiscal years. 77 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 12% 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 footwear 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 — Footwear Wholesalers SBA Loans
What is the average SBA loan size for footwear wholesalers businesses?
Which SBA loan program is best for a footwear wholesalers business?
How many lenders fund SBA loans for footwear wholesalers?
What states have the most SBA lending for footwear wholesalers?
How does PeerSense help footwear wholesalers businesses get SBA loans?
Related Wholesale Trade Industries
Other Miscellaneous Durable Goods Merchant Wholesalers
Other Miscellaneous Nondurable Goods Merchant Wholesalers
Other Grocery and Related Products Merchant Wholesalers
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesal
Industrial Machinery and Equipment Merchant Wholesalers
Women's, Children's, and Infants' Clothing and Accessories Merchant Wh
Data aggregated from SBA loan records (1992–2025). Footwear Wholesalers defined by NAICS code 422340. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.