How Much Can Tobacco Stores Businesses Get in SBA Loans?
1,587 SBA loans totaling $219.4M have been approved for tobacco stores businesses (NAICS 453991). The average approved SBA loan is $138K, which is 59% below avg the $340K national average. 328 active lenders fund this industry with a 18.4% default rate on the matured 2018-2021 loan cohort.
At 18.4%, Tobacco 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. The capital source prices this risk into rate and structure.
NAICS 453991 (Tobacco Stores) received 1,587 SBA loans worth $219.4M across 5+ states. Average loan $138K, average term 97 months, 18.4% default rate (resolved loan basis).328 active SBA approved lenders fund this industry. Most tobacco stores loans use the SBA 7(a) program.
Is SBA Lending Growing for Tobacco Stores?-93% decline
Which SBA Program Do Tobacco Stores Businesses Use Most?
What Is the Best SBA Loan for Tobacco Stores?
The most widely used SBA program for tobacco stores businesses: flexible terms, multiple use cases
Where Are Tobacco Stores SBA Loans Most Common?
SBA Lending Activity in Tobacco Stores
328 SBA lenders have funded 1,587 loans to tobacco stores businesses (NAICS 453991). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.
Talk to PeerSense
PeerSense sources capital for tobacco stores businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Talk to PeerSense about financing a Tobacco Stores business.
Tell us your loan amount and use of funds. PeerSense sources capital. The capital source sets the terms.
SBA 7(a) / 504: PeerSense will reach out. No obligation.
How Does SBA Lending Work for Tobacco Stores Businesses?
Across all SBA loan programs, 1,587 loans have been approved for businesses classified under NAICS 453991 (Tobacco Stores), representing $219.4M in total capital deployed. The average approved loan of $138K is 59% below avg the national SBA average of $340K, with typical repayment terms of 97 months.
SBA lending for tobacco stores has contracted approximately 93% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 328 lenders remain active, maintaining competitive options for qualified borrowers.
The overwhelming majority of SBA lending for tobacco 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.
Talk to PeerSense about a tobacco stores file. The capital source sets the terms. The desk fee is paid at closing, never upfront.
Frequently Asked Questions: Tobacco Stores SBA Loans
What is the average SBA loan size for tobacco stores businesses?
Which SBA loan program is best for a tobacco stores business?
How many lenders fund SBA loans for tobacco stores?
What states have the most SBA lending for tobacco stores?
How does PeerSense help tobacco stores businesses get SBA loans?
Related Retail Trade Industries
All Other Miscellaneous Store Retailers (except Tobacco Stores)
Sporting Goods Stores
Gift, Novelty, and Souvenir Stores
Florists
All Other General Merchandise Stores
Other Direct Selling Establishments
Data aggregated from SBA loan records (1992 to 2025). Tobacco Stores defined by NAICS code 453991. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.