How Much Can Gift, Novelty, and Souvenir Stores Businesses Get in SBA Loans?
8,713 SBA loans totaling $1.0B have been approved for gift, novelty, and souvenir stores businesses (NAICS 453220). The average approved SBA loan is $117K, which is 66% below avg the $340K national average. 1046 active lenders fund this industry with a 22.6% default rate on the matured 2018-2021 loan cohort.
At 22.6%, Gift, Novelty, and Souvenir 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 453220 (Gift, Novelty, and Souvenir Stores) received 8,713 SBA loans worth $1.0B across 5+ states. Average loan $117K, average term 93 months, 22.6% default rate (resolved-loan basis).1046 active SBA-approved lenders fund this industry. Most gift, novelty, and souvenir stores loans use the SBA 7(a) program.
Is SBA Lending Growing for Gift, Novelty, and Souvenir Stores?-79% decline
Which SBA Program Do Gift, Novelty, and Souvenir Stores Businesses Use Most?
What Is the Best SBA Loan for Gift, Novelty, and Souvenir Stores?
The most widely used SBA program for gift, novelty, and souvenir stores businesses — flexible terms, multiple use cases
Where Are Gift, Novelty, and Souvenir Stores SBA Loans Most Common?
Top SBA Lenders for Gift, Novelty, and Souvenir Stores
These banks have funded the most SBA loans for gift, novelty, and souvenir stores businesses (NAICS 453220). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 1,111 | $45.3M |
| 2 | Wells Fargo Bank National Association(SD) | 567 | $79.8M |
| 3 | Citizens Bank, National Association(RI) | 369 | $13.2M |
| 4 | PNC Bank, National Association(DE) | 327 | $25.1M |
| 5 | JPMorgan Chase Bank, National Association(OH) | 327 | $29.7M |
Gift, Novelty, and Souvenir Stores Industry Context
Ready to Fund Your Gift, Novelty, and Souvenir Stores Business?
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How Does SBA Lending Work for Gift, Novelty, and Souvenir Stores Businesses?
Across all SBA loan programs, 8,713 loans have been approved for businesses classified under NAICS 453220 (Gift, Novelty, and Souvenir Stores), representing $1.0B in total capital deployed. The average approved loan of $117K is 66% below avg the national SBA average of $340K, with typical repayment terms of 93 months.
SBA lending for gift, novelty, and souvenir stores has contracted approximately 79% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 1046 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for gift, novelty, and souvenir 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 gift, novelty, and souvenir 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 — Gift, Novelty, and Souvenir Stores SBA Loans
What is the average SBA loan size for gift, novelty, and souvenir stores businesses?
Which SBA loan program is best for a gift, novelty, and souvenir stores business?
How many lenders fund SBA loans for gift, novelty, and souvenir stores?
What states have the most SBA lending for gift, novelty, and souvenir stores?
How does PeerSense help gift, novelty, and souvenir stores businesses get SBA loans?
Related Retail Trade Industries
All Other Miscellaneous Store Retailers (except Tobacco Stores)
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Florists
All Other General Merchandise Stores
Other Direct Selling Establishments
Vending Machine Operators
Data aggregated from SBA loan records (1992–2025). Gift, Novelty, and Souvenir Stores defined by NAICS code 453220. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.