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NAICS 532281Real EstateLending Growing

How Much Can Formal Wear and Costume Rental Businesses Get in SBA Loans?

30 SBA loans totaling $4.7M have been approved for formal wear and costume rental businesses (NAICS 532281). The average approved SBA loan is $155K, which is 54% below avg the $340K national average. 21 active lenders fund this industry.

Quick Answer

NAICS 532281 (Formal Wear and Costume Rental) received 30 SBA loans worth $4.7M across 5+ states. Average loan $155K, average term 120 months.21 active SBA-approved lenders fund this industry. Most formal wear and costume rental loans use the SBA 7(a) program.

30
Total SBA Loans
$4.7M
Total Volume
$155K
Avg Loan Size
54% below avg
21
Active Lenders
120 mo
Avg Term
8% below avg
527
Jobs Supported

Is SBA Lending Growing for Formal Wear and Costume Rental?+150% growth

2
9
6
1
2
3
5
17
18
19
22
23
24
25
$235K
$912K
$1.1M
$25K
$328K
$975K
$728K

Which SBA Program Do Formal Wear and Costume Rental Businesses Use Most?

SBA 7(a)29 (97%)
SBA 5041 (3%)

What Is the Best SBA Loan for Formal Wear and Costume Rental?

SBA 7(a)

The most widely used SBA program for formal wear and costume rental businesses — flexible terms, multiple use cases

Industry avg loan: $155K
Typical term: 120 months
Historical avg rate: 8.04%
21+ lenders active in this industry

Where Are Formal Wear and Costume Rental SBA Loans Most Common?

#1
OH
4 loans
$706K
#2
MN
4 loans
$600K
#3
CA
3 loans
$420K
#4
NY
2 loans
$205K
#5
NJ
2 loans
$40K

Top SBA Lenders for Formal Wear and Costume Rental

These banks have funded the most SBA loans for formal wear and costume rental businesses (NAICS 532281). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1TD Bank, National Association(DE)4$225K
2Stearns Bank National Association(MN)4$600K
3Newtek Bank, National Association(FL)2$425K
4Independence Bank(RI)2$200K
5JPMorgan Chase Bank, National Association(OH)2$359K

Formal Wear and Costume Rental Industry Context

U.S. Employment
9,166,000
BLS · 2026

Ready to Fund Your Formal Wear and Costume Rental Business?

PeerSense places SBA loans for formal wear and costume rental 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 Formal Wear and Costume Rental 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 Formal Wear and Costume Rental Businesses?

Across all SBA loan programs, 30 loans have been approved for businesses classified under NAICS 532281 (Formal Wear and Costume Rental), representing $4.7M in total capital deployed. The average approved loan of $155K is 54% below avg the national SBA average of $340K, with typical repayment terms of 120 months.

SBA lending for formal wear and costume rental is accelerating — loan volume has grown approximately 150% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2018.

The overwhelming majority of SBA lending for formal wear and costume rental 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 formal wear and costume rental 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 — Formal Wear and Costume Rental SBA Loans

What is the average SBA loan size for formal wear and costume rental businesses?
Based on 30 approved SBA loans, the average loan size for formal wear and costume rental (NAICS 532281) is $155K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a formal wear and costume rental business?
SBA 7(a) is the most commonly used SBA program for formal wear and costume rental businesses. The most widely used SBA program for formal wear and costume rental businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for formal wear and costume rental?
21 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 formal wear and costume rental sector.
What states have the most SBA lending for formal wear and costume rental?
OH leads with 4 SBA loans and $706K in total volume for formal wear and costume rental businesses. MN, CA, NY also show strong lending activity in this sector.
How does PeerSense help formal wear and costume rental 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 formal wear and costume rental industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Formal Wear and Costume Rental defined by NAICS code 532281. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.