How Much Can Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Businesses Get in SBA Loans?
1,320 SBA loans totaling $611.2M have been approved for piece goods, notions, and other dry goods merchant wholesalers businesses (NAICS 424310). The average approved SBA loan is $463K, which is 36% above avg the $340K national average. 275 active lenders fund this industry with a 22.3% default rate on the matured 2018-2021 loan cohort.
At 22.3%, Piece Goods, Notions, and Other Dry Goods 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 424310 (Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers) received 1,320 SBA loans worth $611.2M across 5+ states. Average loan $463K, average term 124 months, 22.3% default rate (resolved-loan basis).275 active SBA-approved lenders fund this industry. Most piece goods, notions, and other dry goods merchant wholesalers loans use the SBA 7(a) program. There are approximately 2,923 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers?
Which SBA Program Do Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers?
The most widely used SBA program for piece goods, notions, and other dry goods merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers
These banks have funded the most SBA loans for piece goods, notions, and other dry goods merchant wholesalers businesses (NAICS 424310). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 125 | $10.0M |
| 2 | Bank of Hope(CA) | 84 | $34.3M |
| 3 | JPMorgan Chase Bank, National Association(OH) | 79 | $11.9M |
| 4 | Wells Fargo Bank National Association(SD) | 50 | $15.2M |
| 5 | TD Bank, National Association(DE) | 44 | $8.3M |
Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Industry Context
Ready to Fund Your Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Business?
PeerSense places SBA loans for piece goods, notions, and other dry goods 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 Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,320 loans have been approved for businesses classified under NAICS 424310 (Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers), representing $611.2M in total capital deployed. The average approved loan of $463K is 36% above avg the national SBA average of $340K, with typical repayment terms of 124 months.
SBA lending for piece goods, notions, and other dry goods merchant wholesalers has remained relatively stable across recent fiscal years. 275 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.
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 piece goods, notions, and other dry goods 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 — Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers SBA Loans
What is the average SBA loan size for piece goods, notions, and other dry goods merchant wholesalers businesses?
Which SBA loan program is best for a piece goods, notions, and other dry goods merchant wholesalers business?
How many lenders fund SBA loans for piece goods, notions, and other dry goods merchant wholesalers?
What states have the most SBA lending for piece goods, notions, and other dry goods merchant wholesalers?
How does PeerSense help piece goods, notions, and other dry goods merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers defined by NAICS code 424310. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.