Industries › Retail Trade › Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers › Used Merchandise Retailers
NAICS 4595Industry group0.1% of all approvals
SBA loans for used merchandise retailers
7(a) and 504 approvals to businesses SBA classifies under NAICS 4595, with the lenders and states behind them.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 379 loans to businesses in used merchandise retailers (NAICS 4595) in FY2021 to FY2025, worth $125M: 345 under 7(a) and 34 under 504.
That is 0.1% of all approvals.
In FY2025 there were 133 approvals, up 16% on FY2024. The median 7(a) approval was $150K, against $190K for all industries, and 22.7% of approvals went to franchise businesses.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Volume by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 82 | $27.5M | $138K | 6 | $5.8M | 88 | 615 |
| FY2025 | 119 | $35.6M | $150K | 14 | $10.3M | 133 | 1,018 |
| FY2024 | 107 | $30.1M | $150K | 8 | $5.9M | 115 | 853 |
| FY2023 | 79 | $21.6M | $100K | 6 | $3.2M | 85 | 752 |
| FY2022 | 40 | $15.2M | $268K | 6 | $3.1M | 46 | 549 |
| FY2021 | 0 | — | — | 0 | — | 0 | 0 |
| FY2020 | 0 | — | — | 0 | — | 0 | 0 |
| FY2019 | 0 | — | — | 0 | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | — | 0 | 0 |
SBA records the NAICS code in force when a loan was approved. The 2022 NAICS revision renumbered parts of retail trade and information, so some lines of business appear under one code before FY2023 and another after. FY2016–FY2020 approvals under this code: 0.
Lenders most active in this industry
By number of approvals, FY2021–FY2025; 121 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 44 | $5.4M | 11.6% | |
| 2 | Citizens BankElizabethton, TN | 20 | $10.0M | 5.3% | |
| 3 | Newtek Bank, National AssociationMiami, FL | 19 | $4.2M | 5.0% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 18 | $4.3M | 4.7% | |
| 5 | Manufacturers and Traders Trust CompanyBuffalo, NY | 18 | $743K | 4.7% | |
| 6 | TD Bank, National AssociationWilmington, DE | 15 | $847K | 4.0% | |
| 7 | KeyBank National AssociationCleveland, OH | 14 | $6.2M | 3.7% | |
| 8 | U.S. Bank, National AssociationCincinnati, OH | 14 | $3.6M | 3.7% | |
| 9 | Northeast BankLewiston, ME | 13 | $1.4M | 3.4% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 12 | $3.7M | 3.2% | |
| 11 | First Bank of the LakeOsage Beach, MO | 11 | $4.5M | 2.9% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 8 | $961K | 2.1% | |
| 13 | Columbia BankLake Oswego, OR | 7 | $2.0M | 1.8% | |
| 14 | Celtic Bank CorporationSalt Lake City, UT | 6 | $1.8M | 1.6% | |
| 15 | Beacon Bank and TrustBrookline, MA | 6 | $1.5M | 1.6% | |
| 16 | Live Oak Banking CompanyWilmington, NC | 5 | $4.9M | 1.3% | |
| 17 | Old National BankEvansville, IN | 5 | $1.4M | 1.3% | |
| 18 | Bank of America, National AssociationCharlotte, NC | 5 | $824K | 1.3% | |
| 19 | JPMorgan Chase Bank, National AssociationColumbus, OH | 5 | $485K | 1.3% | |
| 20 | First Internet Bank of IndianaFishers, IN | 4 | $6.3M | 1.1% |
States
| # | State of the business | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 36 | $18.6M | 9.5% | |
| 2 | Texas | 33 | $13.0M | 8.7% | |
| 3 | New York | 27 | $3.0M | 7.1% | |
| 4 | Michigan | 23 | $7.2M | 6.1% | |
| 5 | Florida | 19 | $12.8M | 5.0% | |
| 6 | Pennsylvania | 17 | $3.2M | 4.5% | |
| 7 | North Carolina | 15 | $5.4M | 4.0% | |
| 8 | Ohio | 14 | $2.0M | 3.7% | |
| 9 | Georgia | 13 | $5.6M | 3.4% | |
| 10 | Washington | 11 | $4.9M | 2.9% | |
| 11 | Massachusetts | 10 | $1.2M | 2.6% | |
| 12 | Missouri | 9 | $4.1M | 2.4% | |
| 13 | Illinois | 9 | $2.6M | 2.4% | |
| 14 | Wisconsin | 9 | $2.3M | 2.4% | |
| 15 | Oregon | 8 | $3.6M | 2.1% |
Franchise brands
22.7% of approvals carried a franchise code.
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Uptown Cheapskate | 23 | 6.1% | |
| 2 | Once Upon A Child | 17 | 4.5% | |
| 3 | Plato's Closet | 15 | 4.0% | |
| 4 | Kid to Kid | 15 | 4.0% | |
| 5 | Play It Again Sports | 5 | 1.3% | |
| 6 | Bricks & Minifigs | 5 | 1.3% | |
| 7 | The Junkluggers | 2 | 0.5% | |
| 8 | Clothes Mentor | 2 | 0.5% | |
| 9 | Style Encore | 1 | 0.3% | |
| 10 | Clothes Bin | 1 | 0.3% |
Approval sizes
- $50,000 or less29.3%111
- $50,001 to $150,00021.4%81
- $150,001 to $350,00015.8%60
- $350,001 to $1 million27.4%104
- $1 million to $2 million5.3%20
- Over $2 million0.8%3
Age of the businesses
- Existing, more than 2 years old49.6%188
- New business, 2 years or less20.1%76
- Startup, loan funds will open the business24.5%93
- Change of ownership5.5%21
- Not answered0.3%1
Charge-offs against all industries
| Loans approved FY2010–FY2021 | This industry, 7(a) | All 7(a) | This industry, 504 | All 504 |
|---|---|---|---|---|
| Approvals in these years | 1 | 639,905 | 0 | 85,591 |
| Cancelled or never disbursed | 0 | 79,313 | 0 | 12,514 |
| Disbursed loans | 1 | 560,592 | 0 | 73,077 |
| Paid in full | 0 | 435,813 | 0 | 35,491 |
| Charged off | 0 | 36,891 | 0 | 905 |
| Still outstanding (status exempt from disclosure) | 1 | 87,888 | 0 | 36,681 |
| Charged off, share of disbursed loans | too few loans | 6.6% | too few loans | 1.2% |
| Dollars charged off, share of disbursed dollars | too few loans | 2.5% | too few loans | 0.9% |
| Dollars charged off | — | $5.70bn | — | $499M |
Against all industries
| FY2021–FY2025 | NAICS 4595 | All industries |
|---|---|---|
| Median 7(a) approval | $150K | $190K |
| Median 504 approval | $610K | $657K |
| Average approval | $330K | $573K |
| Approvals per 1,000 establishments | — | 41.0 |
| Approvals to franchise businesses | 22.7% | 11.2% |
| Jobs supported per approval, as reported | 8.4 | 10.5 |
Questions and answers
Which lenders make the most SBA loans for used merchandise retailers?
By approvals in FY2021 to FY2025: The Huntington National Bank (44), Citizens Bank (20), Newtek Bank, National Association (19), Readycap Lending, LLC (18), Manufacturers and Traders Trust Company (18). 121 lenders had at least one.
How large are typical SBA loans for used merchandise retailers?
The median 7(a) approval was $150K and the median 504 approval $610K; the average across both programs was $330K.
What share of SBA loans for used merchandise retailers are charged off?
There are too few matured loans to show a rate.
Which states have the most SBA loans for used merchandise retailers?
California (36), Texas (33), New York (27), Michigan (23), Florida (19).
Is SBA lending for used merchandise retailers rising?
Approvals in the three latest complete fiscal years total 333, against 46 in the three before: rising (+624%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error