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NAICS 448210Retail Trade

How Much Can Shoe Stores Businesses Get in SBA Loans?

2,830 SBA loans totaling $452.6M have been approved for shoe stores businesses (NAICS 448210). The average approved SBA loan is $160K, which is 53% below avg the $340K national average. 503 active lenders fund this industry with a 24.1% default rate on the matured 2018-2021 loan cohort.

Elevated default risk24.1% vs 15.4% all-industry avg

At 24.1%, Shoe Stores 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.

Quick Answer

NAICS 448210 (Shoe Stores) received 2,830 SBA loans worth $452.6M across 5+ states. Average loan $160K, average term 91 months, 24.1% default rate (resolved-loan basis).503 active SBA-approved lenders fund this industry. Most shoe stores loans use the SBA 7(a) program.

2,830
Total SBA Loans
$452.6M
Total Volume
$160K
Avg Loan Size
53% below avg
503
Active Lenders
91 mo
Avg Term
30% below avg
13,941
Jobs Supported

Is SBA Lending Growing for Shoe Stores?-83% decline

73
56
65
61
34
41
23
5
4
16
17
18
19
20
21
22
23
24
$18.8M
$13.5M
$16.5M
$22.8M
$9.2M
$17.0M
$7.3M
$560K
$1.4M

Which SBA Program Do Shoe Stores Businesses Use Most?

SBA 7(a)2,744 (97%)
SBA 50486 (3%)

What Is the Best SBA Loan for Shoe Stores?

SBA 7(a)

The most widely used SBA program for shoe stores businesses — flexible terms, multiple use cases

Industry avg loan: $160K
Typical term: 91 months
Historical avg rate: 6.55%
503+ lenders active in this industry
Default rate (2018–21 matured cohort): 24.1%

Where Are Shoe Stores SBA Loans Most Common?

#1
CA
393 loans
$101.7M
#2
NY
246 loans
$28.1M
#3
TX
177 loans
$24.9M
#4
PA
140 loans
$16.5M
#5
FL
128 loans
$20.8M

Top SBA Lenders for Shoe Stores

These banks have funded the most SBA loans for shoe stores businesses (NAICS 448210). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Bank of America, National Association(NC)249$17.1M
2Wells Fargo Bank National Association(SD)243$61.8M
3JPMorgan Chase Bank, National Association(OH)150$16.3M
4Bank of Hope(CA)116$11.4M
5U.S. Bank, National Association(OH)95$18.2M

Ready to Fund Your Shoe Stores Business?

PeerSense places SBA loans for shoe stores businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

$0

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Financing a Shoe Stores business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

SBA 7(a) / 504 — Response within 4 business hours. No obligation.

No retainers · Referral fee at closing · Or call (317) 452-6990

How Does SBA Lending Work for Shoe Stores Businesses?

Across all SBA loan programs, 2,830 loans have been approved for businesses classified under NAICS 448210 (Shoe Stores), representing $452.6M in total capital deployed. The average approved loan of $160K is 53% below avg the national SBA average of $340K, with typical repayment terms of 91 months.

SBA lending for shoe stores has contracted approximately 83% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 503 lenders remain active, maintaining competitive options for qualified borrowers.

The overwhelming majority of SBA lending for shoe 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 shoe 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 — Shoe Stores SBA Loans

What is the average SBA loan size for shoe stores businesses?
Based on 2,830 approved SBA loans, the average loan size for shoe stores (NAICS 448210) is $160K. This compares to the national SBA average of $340K across all industries.
Which SBA loan program is best for a shoe stores business?
SBA 7(a) is the most commonly used SBA program for shoe stores businesses. The most widely used SBA program for shoe stores businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.
How many lenders fund SBA loans for shoe stores?
503 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the shoe stores sector.
What states have the most SBA lending for shoe stores?
CA leads with 393 SBA loans and $101.7M in total volume for shoe stores businesses. NY, TX, PA also show strong lending activity in this sector.
How does PeerSense help shoe stores businesses get SBA loans?
PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the shoe stores industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Data aggregated from SBA loan records (1992–2025). Shoe Stores defined by NAICS code 448210. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.