How Much Can Other Electronic Parts and Equipment Merchant Wholesalers Businesses Get in SBA Loans?
1,737 SBA loans totaling $720.3M have been approved for other electronic parts and equipment merchant wholesalers businesses (NAICS 423690). The average approved SBA loan is $415K, which is 22% above avg the $340K national average. 263 active lenders fund this industry with a 21.0% default rate on the matured 2018-2021 loan cohort.
At 21.0%, Other Electronic Parts and Equipment 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 423690 (Other Electronic Parts and Equipment Merchant Wholesalers) received 1,737 SBA loans worth $720.3M across 5+ states. Average loan $415K, average term 116 months, 21.0% default rate (resolved-loan basis).263 active SBA-approved lenders fund this industry. Most other electronic parts and equipment merchant wholesalers loans use the SBA 7(a) program.
Is SBA Lending Growing for Other Electronic Parts and Equipment Merchant Wholesalers?-23% decline
Which SBA Program Do Other Electronic Parts and Equipment Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Other Electronic Parts and Equipment Merchant Wholesalers?
The most widely used SBA program for other electronic parts and equipment merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Other Electronic Parts and Equipment Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Other Electronic Parts and Equipment Merchant Wholesalers
These banks have funded the most SBA loans for other electronic parts and equipment merchant wholesalers businesses (NAICS 423690). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 210 | $15.5M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 134 | $25.8M |
| 3 | Wells Fargo Bank National Association(SD) | 107 | $49.6M |
| 4 | TD Bank, National Association(DE) | 84 | $8.2M |
| 5 | Bank of Hope(CA) | 62 | $19.3M |
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How Does SBA Lending Work for Other Electronic Parts and Equipment Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,737 loans have been approved for businesses classified under NAICS 423690 (Other Electronic Parts and Equipment Merchant Wholesalers), representing $720.3M in total capital deployed. The average approved loan of $415K is 22% above avg the national SBA average of $340K, with typical repayment terms of 116 months.
SBA lending for other electronic parts and equipment merchant wholesalers has contracted approximately 23% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 263 lenders remain active, maintaining competitive options for qualified borrowers.
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 other electronic parts and equipment 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 — Other Electronic Parts and Equipment Merchant Wholesalers SBA Loans
What is the average SBA loan size for other electronic parts and equipment merchant wholesalers businesses?
Which SBA loan program is best for a other electronic parts and equipment merchant wholesalers business?
How many lenders fund SBA loans for other electronic parts and equipment merchant wholesalers?
What states have the most SBA lending for other electronic parts and equipment merchant wholesalers?
How does PeerSense help other electronic parts and equipment merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Other Electronic Parts and Equipment Merchant Wholesalers defined by NAICS code 423690. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.