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NAICS 421710Wholesale Trade

How Much Can Hardware Wholesalers Businesses Get in SBA Loans?

136 SBA loans totaling $50.2M have been approved for hardware wholesalers businesses (NAICS 421710). The average approved SBA loan is $369K, which is 8% above avg the $340K national average. 73 active lenders fund this industry with a 14.4% default rate on the matured 2018-2021 loan cohort.

Moderate default risk14.4% vs 15.4% all-industry avg

At 14.4%, Hardware 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.

Quick Answer

NAICS 421710 (Hardware Wholesalers) received 136 SBA loans worth $50.2M across 5+ states. Average loan $369K, average term 131 months, 14.4% default rate (resolved-loan basis).73 active SBA-approved lenders fund this industry. Most hardware wholesalers loans use the SBA 7(a) program. There are approximately 388,706 U.S. establishments in this industry (Census 2022).

136
Total SBA Loans
$50.2M
Total Volume
$369K
Avg Loan Size
8% above avg
73
Active Lenders
131 mo
Avg Term
near national avg
1,150
Jobs Supported

Which SBA Program Do Hardware Wholesalers Businesses Use Most?

SBA 7(a)105 (77%)
SBA 50431 (23%)

What Is the Best SBA Loan for Hardware Wholesalers?

SBA 7(a)

The most widely used SBA program for hardware wholesalers businesses — flexible terms, multiple use cases

Industry avg loan: $369K
Typical term: 131 months
73+ lenders active in this industry
Default rate (2018–21 matured cohort): 14.4%

Where Are Hardware Wholesalers SBA Loans Most Common?

#1
CA
29 loans
$16.4M
#2
NY
21 loans
$6.4M
#3
IL
8 loans
$4.5M
#4
TX
7 loans
$2.6M
#5
PA
7 loans
$1.8M

Top SBA Lenders for Hardware Wholesalers

These banks have funded the most SBA loans for hardware wholesalers businesses (NAICS 421710). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Bank of America, National Association(NC)13$1.4M
2Zions Bank, A Division of(UT)9$3.1M
3Citizens Bank, National Association(RI)5$628K
4Citibank, N.A.(SD)4$725K
5Southland Economic Developmen(CA)4$1.4M

Hardware Wholesalers Industry Context

U.S. Establishments
388,706
U.S. Census Bureau · 2022
SBA Penetration
0.03%
SBA loans per establishment

Ready to Fund Your Hardware Wholesalers Business?

PeerSense places SBA loans for hardware wholesalers businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Hardware 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.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Hardware Wholesalers Businesses?

Across all SBA loan programs, 136 loans have been approved for businesses classified under NAICS 421710 (Hardware Wholesalers), representing $50.2M in total capital deployed. The average approved loan of $369K is 8% above avg the national SBA average of $340K, with typical repayment terms of 131 months.

SBA lending for hardware wholesalers has remained relatively stable across recent fiscal years. 73 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

Notably, 23% of SBA loans in this industry use the 504 program — well above the national average — indicating that hardware wholesalers businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below-market fixed rates and only 10% down from the borrower.

PeerSense specializes in matching hardware 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 — Hardware Wholesalers SBA Loans

What is the average SBA loan size for hardware wholesalers businesses?
Based on 136 approved SBA loans, the average loan size for hardware wholesalers (NAICS 421710) is $369K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a hardware wholesalers business?
SBA 7(a) is the most commonly used SBA program for hardware wholesalers businesses. The most widely used SBA program for hardware wholesalers businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for hardware wholesalers?
73 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the hardware wholesalers sector.
What states have the most SBA lending for hardware wholesalers?
CA leads with 29 SBA loans and $16.4M in total volume for hardware wholesalers businesses. NY, IL, TX also show strong lending activity in this sector.
How does PeerSense help hardware wholesalers businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the hardware wholesalers industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Hardware Wholesalers defined by NAICS code 421710. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.