How Much Can General Line Grocery Merchant Wholesalers Businesses Get in SBA Loans?
1,939 SBA loans totaling $1.2B have been approved for general line grocery merchant wholesalers businesses (NAICS 424410). The average approved SBA loan is $627K, which is 84% above avg the $340K national average. 384 active lenders fund this industry with a 18.0% default rate on the matured 2018-2021 loan cohort.
At 18.0%, General Line Grocery Merchant Wholesalers sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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 424410 (General Line Grocery Merchant Wholesalers) received 1,939 SBA loans worth $1.2B across 5+ states. Average loan $627K, average term 137 months, 18.0% default rate (resolved-loan basis).384 active SBA-approved lenders fund this industry. Most general line grocery merchant wholesalers loans use the SBA 504 program. There are approximately 3,290 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for General Line Grocery Merchant Wholesalers?+28% growth
Which SBA Program Do General Line Grocery Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for General Line Grocery Merchant Wholesalers?
17% of general line grocery merchant wholesalers loans use this program — ideal for real estate and major equipment purchases
Where Are General Line Grocery Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for General Line Grocery Merchant Wholesalers
These banks have funded the most SBA loans for general line grocery merchant wholesalers businesses (NAICS 424410). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 130 | $23.2M |
| 2 | Bank of America, National Association(NC) | 100 | $11.0M |
| 3 | U.S. Bank, National Association(OH) | 70 | $24.0M |
| 4 | TD Bank, National Association(DE) | 62 | $11.6M |
| 5 | Wells Fargo Bank National Association(SD) | 61 | $39.9M |
General Line Grocery Merchant Wholesalers Industry Context
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How Does SBA Lending Work for General Line Grocery Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,939 loans have been approved for businesses classified under NAICS 424410 (General Line Grocery Merchant Wholesalers), representing $1.2B in total capital deployed. The average approved loan of $627K is 84% above avg the national SBA average of $340K, with typical repayment terms of 137 months.
SBA lending for general line grocery merchant wholesalers is accelerating — loan volume has grown approximately 28% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.
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 general line grocery merchant 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 — General Line Grocery Merchant Wholesalers SBA Loans
What is the average SBA loan size for general line grocery merchant wholesalers businesses?
Which SBA loan program is best for a general line grocery merchant wholesalers business?
How many lenders fund SBA loans for general line grocery merchant wholesalers?
What states have the most SBA lending for general line grocery merchant wholesalers?
How does PeerSense help general line grocery merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). General Line Grocery Merchant Wholesalers defined by NAICS code 424410. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.