How Much Can Men's and Boys' Clothing and Furnishings Merchant Wholesalers Businesses Get in SBA Loans?
785 SBA loans totaling $273.5M have been approved for men's and boys' clothing and furnishings merchant wholesalers businesses (NAICS 424320). The average approved SBA loan is $348K, which is near national avg the $340K national average. 156 active lenders fund this industry with a 27.2% default rate on the matured 2018-2021 loan cohort.
At 27.2%, Men's and Boys' Clothing and Furnishings 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 424320 (Men's and Boys' Clothing and Furnishings Merchant Wholesalers) received 785 SBA loans worth $273.5M across 5+ states. Average loan $348K, average term 110 months, 27.2% default rate (resolved-loan basis).156 active SBA-approved lenders fund this industry. Most men's and boys' clothing and furnishings merchant wholesalers loans use the SBA 7(a) program. There are approximately 3,070 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Men's and Boys' Clothing and Furnishings Merchant Wholesalers?-56% decline
Which SBA Program Do Men's and Boys' Clothing and Furnishings Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Men's and Boys' Clothing and Furnishings Merchant Wholesalers?
The most widely used SBA program for men's and boys' clothing and furnishings merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Men's and Boys' Clothing and Furnishings Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Men's and Boys' Clothing and Furnishings Merchant Wholesalers
These banks have funded the most SBA loans for men's and boys' clothing and furnishings merchant wholesalers businesses (NAICS 424320). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 83 | $3.7M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 73 | $6.3M |
| 3 | Bank of Hope(CA) | 49 | $11.3M |
| 4 | U.S. Bank, National Association(OH) | 39 | $6.4M |
| 5 | TD Bank, National Association(DE) | 28 | $2.7M |
Men's and Boys' Clothing and Furnishings Merchant Wholesalers Industry Context
Ready to Fund Your Men's and Boys' Clothing and Furnishings Merchant Wholesalers Business?
PeerSense places SBA loans for men's and boys' clothing and furnishings 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 Men's and Boys' Clothing and Furnishings Merchant Wholesalers Businesses?
Across all SBA loan programs, 785 loans have been approved for businesses classified under NAICS 424320 (Men's and Boys' Clothing and Furnishings Merchant Wholesalers), representing $273.5M in total capital deployed. The average approved loan of $348K is near national avg the national SBA average of $340K, with typical repayment terms of 110 months.
SBA lending for men's and boys' clothing and furnishings merchant wholesalers has contracted approximately 56% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 156 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 10% 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 men's and boys' clothing and furnishings 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 — Men's and Boys' Clothing and Furnishings Merchant Wholesalers SBA Loans
What is the average SBA loan size for men's and boys' clothing and furnishings merchant wholesalers businesses?
Which SBA loan program is best for a men's and boys' clothing and furnishings merchant wholesalers business?
How many lenders fund SBA loans for men's and boys' clothing and furnishings merchant wholesalers?
What states have the most SBA lending for men's and boys' clothing and furnishings merchant wholesalers?
How does PeerSense help men's and boys' clothing and furnishings merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Men's and Boys' Clothing and Furnishings Merchant Wholesalers defined by NAICS code 424320. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.