How Much Can Service Establishment Equipment and Supplies Merchant Wholesalers Businesses Get in SBA Loans?
1,032 SBA loans totaling $341.0M have been approved for service establishment equipment and supplies merchant wholesalers businesses (NAICS 423850). The average approved SBA loan is $330K, which is near national avg the $340K national average. 255 active lenders fund this industry with a 15.3% default rate on the matured 2018-2021 loan cohort.
At 15.3%, Service Establishment Equipment and Supplies 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 423850 (Service Establishment Equipment and Supplies Merchant Wholesalers) received 1,032 SBA loans worth $341.0M across 5+ states. Average loan $330K, average term 120 months, 15.3% default rate (resolved-loan basis).255 active SBA-approved lenders fund this industry. Most service establishment equipment and supplies merchant wholesalers loans use the SBA 7(a) program. There are approximately 4,484 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Service Establishment Equipment and Supplies Merchant Wholesalers?+52% growth
Which SBA Program Do Service Establishment Equipment and Supplies Merchant Wholesalers Businesses Use Most?
What Is the Best SBA Loan for Service Establishment Equipment and Supplies Merchant Wholesalers?
The most widely used SBA program for service establishment equipment and supplies merchant wholesalers businesses — flexible terms, multiple use cases
Where Are Service Establishment Equipment and Supplies Merchant Wholesalers SBA Loans Most Common?
Top SBA Lenders for Service Establishment Equipment and Supplies Merchant Wholesalers
These banks have funded the most SBA loans for service establishment equipment and supplies merchant wholesalers businesses (NAICS 423850). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association(OH) | 64 | $9.9M |
| 2 | Wells Fargo Bank National Association(SD) | 59 | $21.3M |
| 3 | Bank of America, National Association(NC) | 50 | $5.6M |
| 4 | TD Bank, National Association(DE) | 50 | $11.8M |
| 5 | Citizens Bank, National Association(RI) | 47 | $2.9M |
Service Establishment Equipment and Supplies Merchant Wholesalers Industry Context
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How Does SBA Lending Work for Service Establishment Equipment and Supplies Merchant Wholesalers Businesses?
Across all SBA loan programs, 1,032 loans have been approved for businesses classified under NAICS 423850 (Service Establishment Equipment and Supplies Merchant Wholesalers), representing $341.0M in total capital deployed. The average approved loan of $330K is near national avg the national SBA average of $340K, with typical repayment terms of 120 months.
SBA lending for service establishment equipment and supplies merchant wholesalers is accelerating — loan volume has grown approximately 52% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2024.
The industry sees a balanced mix of SBA programs, with 12% 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 service establishment equipment and supplies 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 — Service Establishment Equipment and Supplies Merchant Wholesalers SBA Loans
What is the average SBA loan size for service establishment equipment and supplies merchant wholesalers businesses?
Which SBA loan program is best for a service establishment equipment and supplies merchant wholesalers business?
How many lenders fund SBA loans for service establishment equipment and supplies merchant wholesalers?
What states have the most SBA lending for service establishment equipment and supplies merchant wholesalers?
How does PeerSense help service establishment equipment and supplies merchant wholesalers businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Service Establishment Equipment and Supplies Merchant Wholesalers defined by NAICS code 423850. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.