What is the SBA loan default rate for Used Merchandise Stores?

At 17.3%, Used Merchandise 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 rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 511 lenders actively fund this industry.

Which SBA program is best for Used Merchandise Stores?

The SBA 7(a) program is the most commonly used for Used Merchandise Stores businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 453310Retail Trade

How Much Can Used Merchandise Stores Businesses Get in SBA Loans?

Name: PeerSense
Address: Westfield, Westfield, IN, 46074, US
Telephone: +13174526990
Price range: Referral fee at closing

2,458 SBA loans totaling $423.0M have been approved for used merchandise stores businesses (NAICS 453310). The average approved SBA loan is $172K, which is 49% below avg the $340K national average. 511 active lenders fund this industry with a 17.3% default rate on the matured 2018-2021 loan cohort.

Above average default risk17.3% vs 15.4% all industry avg

At 17.3%, Used Merchandise 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.

Quick Answer

NAICS 453310 (Used Merchandise Stores) received 2,458 SBA loans worth $423.0M across 5+ states. Average loan $172K, average term 120 months, 17.3% default rate (resolved loan basis).511 active SBA approved lenders fund this industry. Most used merchandise stores loans use the SBA 7(a) program. There are approximately 19,186 U.S. establishments in this industry (Census 2022).

2,458

Total SBA Loans

$423.0M

Total Volume

$172K

Avg Loan Size

49% below avg

511

Active Lenders

120 mo

Avg Term

8% below avg

13,606

Jobs Supported

Is SBA Lending Growing for Used Merchandise Stores?-89% decline

$19.5M

$24.5M

$19.7M

$19.1M

$15.7M

$33.0M

$12.1M

$2.3M

$1.3M

$50K

Which SBA Program Do Used Merchandise Stores Businesses Use Most?

SBA 7(a)2,201 (90%)

SBA 504257 (10%)

What Is the Best SBA Loan for Used Merchandise Stores?

SBA 7(a)

The most widely used SBA program for used merchandise stores businesses: flexible terms, multiple use cases

Industry avg loan: $172K

Typical term: 120 months

Historical avg rate: 6.60%

511+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 17.3%

Where Are Used Merchandise Stores SBA Loans Most Common?

232 loans

$65.1M

164 loans

$28.2M

136 loans

$25.7M

121 loans

$21.3M

100 loans

$10.4M

SBA Lending Activity in Used Merchandise Stores

511 SBA lenders have funded 2,458 loans to used merchandise stores businesses (NAICS 453310). 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.

Loans funded

2,458

Active lenders

511

Total volume

$423.0M

Avg loan size

$172K

Browse all SBA lenders

Used Merchandise Stores Industry Context

U.S. Establishments

19,186

U.S. Census Bureau · 2022

SBA Penetration

12.81%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for used merchandise stores businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Used Merchandise 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 big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

By checking this box and submitting my information, I electronically sign and agree that PeerSense, Inc. and its affiliates, funding partners, and franchise partners may contact me at the email address and phone number I provided, including by phone call, SMS/text message (including autodialed, prerecorded, or artificial voice messages), and email, for marketing, franchise research, and funding related purposes, even if that number is on any Do Not Call list. Message and data rates may apply. Consent is not a condition of purchase. I may opt out at any time by replying STOP to texts or emailing info@peersense.com. I have read and agree to the Privacy Policy and Terms of Service.

Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Used Merchandise Stores Businesses?

Across all SBA loan programs, 2,458 loans have been approved for businesses classified under NAICS 453310 (Used Merchandise Stores), representing $423.0M in total capital deployed. The average approved loan of $172K is 49% below avg the national SBA average of $340K, with typical repayment terms of 120 months.

SBA lending for used merchandise stores has contracted approximately 89% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 511 lenders remain active, maintaining competitive options for qualified borrowers.

The industry sees a balanced mix of SBA programs, with 10% 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.

Talk to PeerSense about a used merchandise stores file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

SBA Loan Guide SBA Calculator SBA Lender Directory Industry Data Hub Current SBA Rates Contact Us

Frequently Asked Questions: Used Merchandise Stores SBA Loans

What is the average SBA loan size for used merchandise stores businesses?

Based on 2,458 approved SBA loans, the average loan size for used merchandise stores (NAICS 453310) is $172K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a used merchandise stores business?

SBA 7(a) is the most commonly used SBA program for used merchandise stores businesses. The most widely used SBA program for used merchandise 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 used merchandise stores?

511 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a used merchandise stores file.

What states have the most SBA lending for used merchandise stores?

CA leads with 232 SBA loans and $65.1M in total volume for used merchandise stores businesses. TX, NY, FL also show strong lending activity in this sector.

How does PeerSense help used merchandise stores businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a used merchandise stores file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Retail Trade Industries

All Other Miscellaneous Store Retailers (except Tobacco Stores)

11,465 loans · N/A

Avg: $171K

Sporting Goods Stores

10,775 loans · N/A

Avg: $198K

Gift, Novelty, and Souvenir Stores

Florists

All Other General Merchandise Stores

4,265 loans · N/A

Avg: $154K

Other Direct Selling Establishments

3,977 loans · N/A

Avg: $287K

Data aggregated from SBA loan records (1992 to 2025). Used Merchandise Stores defined by NAICS code 453310. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.