How Much Can Motor Vehicle Supplies and New Parts Merchant Wholesalers Businesses Get in SBA Loans?
2,314 SBA loans totaling $956.0M have been approved for motor vehicle supplies and new parts merchant wholesalers businesses (NAICS 423120). The average approved SBA loan is $413K, which is 21% above avg the $340K national average. 403 active lenders fund this industry with a 20.2% default rate on the matured 2018-2021 loan cohort.
At 20.2%, Motor Vehicle Supplies and New Parts 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 423120 (Motor Vehicle Supplies and New Parts Merchant Wholesalers) received 2,314 SBA loans worth $956.0M across 5+ states. Average loan $413K, average term 123 months, 20.2% default rate (resolved-loan basis).403 active SBA-approved lenders fund this industry. Most motor vehicle supplies and new parts merchant wholesalers loans use the SBA 7(a) program.
Is SBA Lending Growing for Motor Vehicle Supplies and New Parts Merchant Wholesalers?+69% growth
Which SBA Program Do Motor Vehicle Supplies and New Parts Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Motor Vehicle Supplies and New Parts Merchant Wholesalers?
The most widely used SBA program for motor vehicle supplies and new parts merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Motor Vehicle Supplies and New Parts Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Motor Vehicle Supplies and New Parts Merchant Wholesalers
These banks have funded the most SBA loans for motor vehicle supplies and new parts merchant wholesalers businesses (NAICS 423120). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 160 | $14.2M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 128 | $23.0M |
| 3 | Wells Fargo Bank National Association(SD) | 118 | $53.9M |
| 4 | U.S. Bank, National Association(OH) | 97 | $24.6M |
| 5 | Capital One, National Association(VA) | 80 | $4.2M |
Ready to Fund Your Motor Vehicle Supplies and New Parts Merchant Wholesalers Business?
PeerSense places SBA loans for motor vehicle supplies and new parts 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 Motor Vehicle Supplies and New Parts Merchant Wholesalers Businesses?
Across all SBA loan programs, 2,314 loans have been approved for businesses classified under NAICS 423120 (Motor Vehicle Supplies and New Parts Merchant Wholesalers), representing $956.0M in total capital deployed. The average approved loan of $413K is 21% above avg the national SBA average of $340K, with typical repayment terms of 123 months.
SBA lending for motor vehicle supplies and new parts merchant wholesalers is accelerating — loan volume has grown approximately 69% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2017.
The industry sees a balanced mix of SBA programs, with 13% 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 motor vehicle supplies and new parts 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 — Motor Vehicle Supplies and New Parts Merchant Wholesalers SBA Loans
What is the average SBA loan size for motor vehicle supplies and new parts merchant wholesalers businesses?
Which SBA loan program is best for a motor vehicle supplies and new parts merchant wholesalers business?
How many lenders fund SBA loans for motor vehicle supplies and new parts merchant wholesalers?
What states have the most SBA lending for motor vehicle supplies and new parts merchant wholesalers?
How does PeerSense help motor vehicle supplies and new parts merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Motor Vehicle Supplies and New Parts Merchant Wholesalers defined by NAICS code 423120. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.