How Much Can Recyclable Material Merchant Wholesalers Businesses Get in SBA Loans?
1,787 SBA loans totaling $1.3B have been approved for recyclable material merchant wholesalers businesses (NAICS 423930). The average approved SBA loan is $718K, which is 111% above avg the $340K national average. 411 active lenders fund this industry with a 10.5% default rate on the matured 2018-2021 loan cohort.
At 10.5%, Recyclable Material Merchant Wholesalers sits below the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — moderate 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 423930 (Recyclable Material Merchant Wholesalers) received 1,787 SBA loans worth $1.3B across 5+ states. Average loan $718K, average term 140 months, 10.5% default rate (resolved-loan basis).411 active SBA-approved lenders fund this industry. Most recyclable material merchant wholesalers loans use the SBA 504 program. There are approximately 7,761 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Recyclable Material Merchant Wholesalers?
Which SBA Program Do Recyclable Material Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Recyclable Material Merchant Wholesalers?
18% of recyclable material merchant wholesalers loans use this program — ideal for real estate and major equipment purchases
Where Are Recyclable Material Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Recyclable Material Merchant Wholesalers
These banks have funded the most SBA loans for recyclable material merchant wholesalers businesses (NAICS 423930). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | The Huntington National Bank(OH) | 94 | $41.0M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 90 | $22.1M |
| 3 | U.S. Bank, National Association(OH) | 59 | $18.8M |
| 4 | Wells Fargo Bank National Association(SD) | 49 | $21.7M |
| 5 | TD Bank, National Association(DE) | 43 | $9.0M |
Recyclable Material Merchant Wholesalers Industry Context
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How Does SBA Lending Work for Recyclable Material Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,787 loans have been approved for businesses classified under NAICS 423930 (Recyclable Material Merchant Wholesalers), representing $1.3B in total capital deployed. The average approved loan of $718K is 111% above avg the national SBA average of $340K, with typical repayment terms of 140 months.
SBA lending for recyclable material merchant wholesalers has remained relatively stable across recent fiscal years. 411 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 18% 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 recyclable material 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 — Recyclable Material Merchant Wholesalers SBA Loans
What is the average SBA loan size for recyclable material merchant wholesalers businesses?
Which SBA loan program is best for a recyclable material merchant wholesalers business?
How many lenders fund SBA loans for recyclable material merchant wholesalers?
What states have the most SBA lending for recyclable material merchant wholesalers?
How does PeerSense help recyclable material merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Recyclable Material Merchant Wholesalers defined by NAICS code 423930. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.