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NAICS 453310Retail Trade

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

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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.

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

96
96
79
69
62
76
37
9
7
1
16
17
18
19
20
21
22
23
24
25
$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 (2018–21 matured cohort): 17.3%

Where Are Used Merchandise Stores SBA Loans Most Common?

#1
CA
232 loans
$65.1M
#2
TX
164 loans
$28.2M
#3
NY
136 loans
$25.7M
#4
FL
121 loans
$21.3M
#5
OH
100 loans
$10.4M

Top SBA Lenders for Used Merchandise Stores

These banks have funded the most SBA loans for used merchandise stores businesses (NAICS 453310). PeerSense routes deals to lenders with proven appetite in your industry.

#LenderLoansVolume
1Bank of America, National Association(NC)172$5.2M
2Wells Fargo Bank National Association(SD)152$28.3M
3Citizens Bank, National Association(RI)125$3.6M
4JPMorgan Chase Bank, National Association(OH)94$11.5M
5U.S. Bank, National Association(OH)93$16.3M

Used Merchandise Stores Industry Context

U.S. Establishments
19,186
U.S. Census Bureau · 2022
SBA Penetration
12.81%
SBA loans per establishment

Ready to Fund Your Used Merchandise Stores Business?

PeerSense places SBA loans for used merchandise 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 Used Merchandise 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 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.

PeerSense specializes in matching used merchandise 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 — 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 — PeerSense matches your deal with lenders who have experience and appetite in the used merchandise stores sector.
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 — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the used merchandise 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). Used Merchandise Stores defined by NAICS code 453310. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.