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NAICS 452210Retail Trade

How Much Can Department Stores Businesses Get in SBA Loans?

19 SBA loans totaling $3.5M have been approved for department stores businesses (NAICS 452210). The average approved SBA loan is $182K, which is 46% below avg the $340K national average. 11 active lenders fund this industry.

Quick Answer

NAICS 452210 (Department Stores) received 19 SBA loans worth $3.5M across 5+ states. Average loan $182K, average term 123 months.11 active SBA-approved lenders fund this industry. Most department stores loans use the SBA 7(a) program.

19
Total SBA Loans
$3.5M
Total Volume
$182K
Avg Loan Size
46% below avg
11
Active Lenders
123 mo
Avg Term
5% below avg
107
Jobs Supported

Is SBA Lending Growing for Department Stores?

2
2
2
1
10
1
17
18
19
20
21
22
$165K
$100K
$100K
$15K
$2.7M
$50K

Which SBA Program Do Department Stores Businesses Use Most?

SBA 7(a)17 (89%)
SBA 5042 (11%)

What Is the Best SBA Loan for Department Stores?

SBA 7(a)

The most widely used SBA program for department stores businesses — flexible terms, multiple use cases

Industry avg loan: $182K
Typical term: 123 months
Historical avg rate: 7.41%
11+ lenders active in this industry

Where Are Department Stores SBA Loans Most Common?

#1
MA
4 loans
$200K
#2
MI
4 loans
$468K
#3
CA
2 loans
$2.0M
#4
KS
1 loans
$15K
#5
OH
1 loans
$50K

Top SBA Lenders for Department Stores

These banks have funded the most SBA loans for department stores businesses (NAICS 452210). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Eastern Bank(MA)4$200K
2The Huntington National Bank(OH)4$296K
3Wells Fargo Bank National Association(SD)2$20K
44Front Credit Union(MI)2$259K
5Mountain West Small Business F(UT)1$246K

Department Stores Industry Context

U.S. Employment
28,615,000
BLS · 2026

Ready to Fund Your Department Stores Business?

PeerSense places SBA loans for department stores 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 Department Stores 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 Department Stores Businesses?

Across all SBA loan programs, 19 loans have been approved for businesses classified under NAICS 452210 (Department Stores), representing $3.5M in total capital deployed. The average approved loan of $182K is 46% below avg the national SBA average of $340K, with typical repayment terms of 123 months.

SBA lending for department stores has remained relatively stable across recent fiscal years. 11 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 11% 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 department 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 100+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.

Frequently Asked Questions — Department Stores SBA Loans

What is the average SBA loan size for department stores businesses?
Based on 19 approved SBA loans, the average loan size for department stores (NAICS 452210) is $182K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a department stores business?
SBA 7(a) is the most commonly used SBA program for department stores businesses. The most widely used SBA program for department stores businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for department stores?
11 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 department stores sector.
What states have the most SBA lending for department stores?
MA leads with 4 SBA loans and $200K in total volume for department stores businesses. MI, CA, KS also show strong lending activity in this sector.
How does PeerSense help department stores 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 department stores industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Department Stores defined by NAICS code 452210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.