How Much Can Sewing, Needlework, and Piece Goods Stores Businesses Get in SBA Loans?
1,638 SBA loans totaling $170.8M have been approved for sewing, needlework, and piece goods stores businesses (NAICS 451130). The average approved SBA loan is $104K, which is 69% below avg the $340K national average. 431 active lenders fund this industry with a 17.7% default rate on the matured 2018-2021 loan cohort.
At 17.7%, Sewing, Needlework, and Piece Goods Stores sits above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — above average 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 451130 (Sewing, Needlework, and Piece Goods Stores) received 1,638 SBA loans worth $170.8M across 5+ states. Average loan $104K, average term 96 months, 17.7% default rate (resolved-loan basis).431 active SBA-approved lenders fund this industry. Most sewing, needlework, and piece goods stores loans use the SBA 7(a) program.
Is SBA Lending Growing for Sewing, Needlework, and Piece Goods Stores?-50% decline
Which SBA Program Do Sewing, Needlework, and Piece Goods Stores Businesses Use Most?
What Is the Best SBA Loan for Sewing, Needlework, and Piece Goods Stores?
The most widely used SBA program for sewing, needlework, and piece goods stores businesses — flexible terms, multiple use cases
Where Are Sewing, Needlework, and Piece Goods Stores SBA Loans Most Common?
Top SBA Lenders for Sewing, Needlework, and Piece Goods Stores
These banks have funded the most SBA loans for sewing, needlework, and piece goods stores businesses (NAICS 451130). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Bank of America, National Association(NC) | 120 | $5.4M |
| 2 | Bank of Hope(CA) | 119 | $3.5M |
| 3 | Wells Fargo Bank National Association(SD) | 106 | $13.6M |
| 4 | JPMorgan Chase Bank, National Association(OH) | 104 | $6.7M |
| 5 | Zions Bank, A Division of(UT) | 50 | $4.7M |
Ready to Fund Your Sewing, Needlework, and Piece Goods Stores Business?
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How Does SBA Lending Work for Sewing, Needlework, and Piece Goods Stores Businesses?
Across all SBA loan programs, 1,638 loans have been approved for businesses classified under NAICS 451130 (Sewing, Needlework, and Piece Goods Stores), representing $170.8M in total capital deployed. The average approved loan of $104K is 69% below avg the national SBA average of $340K, with typical repayment terms of 96 months.
SBA lending for sewing, needlework, and piece goods stores has contracted approximately 50% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 431 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for sewing, needlework, and piece goods stores uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.
PeerSense specializes in matching sewing, needlework, and piece goods stores 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 — Sewing, Needlework, and Piece Goods Stores SBA Loans
What is the average SBA loan size for sewing, needlework, and piece goods stores businesses?
Which SBA loan program is best for a sewing, needlework, and piece goods stores business?
How many lenders fund SBA loans for sewing, needlework, and piece goods stores?
What states have the most SBA lending for sewing, needlework, and piece goods stores?
How does PeerSense help sewing, needlework, and piece goods stores businesses get SBA loans?
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Data aggregated from SBA loan records (1992–2025). Sewing, Needlework, and Piece Goods Stores defined by NAICS code 451130. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.