How Much Can Fruit and Vegetable Markets Businesses Get in SBA Loans?
1,076 SBA loans totaling $284.0M have been approved for fruit and vegetable markets businesses (NAICS 445230). The average approved SBA loan is $264K, which is 22% below avg the $340K national average. 243 active lenders fund this industry with a 20.2% default rate on the matured 2018-2021 loan cohort.
At 20.2%, Fruit and Vegetable Markets 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 445230 (Fruit and Vegetable Markets) received 1,076 SBA loans worth $284.0M across 5+ states. Average loan $264K, average term 119 months, 20.2% default rate (resolved-loan basis).243 active SBA-approved lenders fund this industry. Most fruit and vegetable markets loans use the SBA 7(a) program. There are approximately 3,906 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Fruit and Vegetable Markets?+38% growth
Which SBA Program Do Fruit and Vegetable Markets Businesses Use Most?
What Is the Best SBA Loan for Fruit and Vegetable Markets?
The most widely used SBA program for fruit and vegetable markets businesses — flexible terms, multiple use cases
Where Are Fruit and Vegetable Markets SBA Loans Most Common?
Top SBA Lenders for Fruit and Vegetable Markets
These banks have funded the most SBA loans for fruit and vegetable markets businesses (NAICS 445230). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 87 | $5.1M |
| 2 | Bank of Hope(CA) | 64 | $19.0M |
| 3 | Wells Fargo Bank National Association(SD) | 59 | $9.8M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 53 | $3.5M |
| 5 | Citizens Bank, National Association(RI) | 45 | $5.3M |
Fruit and Vegetable Markets Industry Context
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PeerSense places SBA loans for fruit and vegetable markets 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 Fruit and Vegetable Markets Businesses?
Across all SBA loan programs, 1,076 loans have been approved for businesses classified under NAICS 445230 (Fruit and Vegetable Markets), representing $284.0M in total capital deployed. The average approved loan of $264K is 22% below avg the national SBA average of $340K, with typical repayment terms of 119 months.
SBA lending for fruit and vegetable markets is accelerating — loan volume has grown approximately 38% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2017.
The industry sees a balanced mix of SBA programs, with 5% 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 fruit and vegetable markets 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 — Fruit and Vegetable Markets SBA Loans
What is the average SBA loan size for fruit and vegetable markets businesses?
Which SBA loan program is best for a fruit and vegetable markets business?
How many lenders fund SBA loans for fruit and vegetable markets?
What states have the most SBA lending for fruit and vegetable markets?
How does PeerSense help fruit and vegetable markets businesses get SBA loans?
Related Retail Trade Industries
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Beer, Wine, and Liquor Stores
Supermarkets and Other Grocery (except Convenience) Stores
Convenience Stores
Used Car Dealers
Pharmacies and Drug Stores
Data aggregated from SBA loan records (1992–2025). Fruit and Vegetable Markets defined by NAICS code 445230. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.