How Much Can Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers Businesses Get in SBA Loans?
1,618 SBA loans totaling $949.0M have been approved for lumber, plywood, millwork, and wood panel merchant wholesalers businesses (NAICS 423310). The average approved SBA loan is $587K, which is 72% above avg the $340K national average. 367 active lenders fund this industry with a 20.3% default rate on the matured 2018-2021 loan cohort.
At 20.3%, Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers 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 423310 (Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers) received 1,618 SBA loans worth $949.0M across 5+ states. Average loan $587K, average term 124 months, 20.3% default rate (resolved-loan basis).367 active SBA-approved lenders fund this industry. Most lumber, plywood, millwork, and wood panel merchant wholesalers loans use the SBA 504 program.
Is SBA Lending Growing for Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers?+27% growth
Which SBA Program Do Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers?
15% of lumber, plywood, millwork, and wood panel merchant wholesalers loans use this program — ideal for real estate and major equipment purchases
Where Are Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
These banks have funded the most SBA loans for lumber, plywood, millwork, and wood panel merchant wholesalers businesses (NAICS 423310). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 112 | $22.6M |
| 2 | Bank of America, National Association(NC) | 94 | $10.2M |
| 3 | Wells Fargo Bank National Association(SD) | 79 | $35.4M |
| 4 | U.S. Bank, National Association(OH) | 58 | $19.0M |
| 5 | Truist Bank(NC) | 44 | $56.7M |
Ready to Fund Your Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers Business?
PeerSense places SBA loans for lumber, plywood, millwork, and wood panel merchant wholesalers businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
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How Does SBA Lending Work for Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,618 loans have been approved for businesses classified under NAICS 423310 (Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers), representing $949.0M in total capital deployed. The average approved loan of $587K is 72% above avg the national SBA average of $340K, with typical repayment terms of 124 months.
SBA lending for lumber, plywood, millwork, and wood panel merchant wholesalers is accelerating — loan volume has grown approximately 27% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The industry sees a balanced mix of SBA programs, with 15% 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 lumber, plywood, millwork, and wood panel 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 — Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers SBA Loans
What is the average SBA loan size for lumber, plywood, millwork, and wood panel merchant wholesalers businesses?
Which SBA loan program is best for a lumber, plywood, millwork, and wood panel merchant wholesalers business?
How many lenders fund SBA loans for lumber, plywood, millwork, and wood panel merchant wholesalers?
What states have the most SBA lending for lumber, plywood, millwork, and wood panel merchant wholesalers?
How does PeerSense help lumber, plywood, millwork, and wood panel merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers defined by NAICS code 423310. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.