SBA lending by industry
Retail Trade
SBA lenders funded 59,208 7(a) and 504 loans in Retail Trade, totaling $38.2B at an average of $645K per loan. The most active lender in this sector is Live Oak Banking Company, and the most funding goes to California.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
NAICS sector
44-45
Funded loans
59,208
Total volume
$38.2B
Average loan size
$645K
Do you qualify as a small business here?
To use an SBA loan, your business has to count as small under the SBA size standard for its specific NAICS code. In Retail Trade, standards are generally based on your average annual receipts (revenue), but the exact threshold is set per 6-digit NAICS code and varies within the sector, so check yours with the official tool. Our eligibility guide explains the rest.
Check your SBA size standardMost active SBA lenders in Retail Trade
| Lender | Loans | Total volume |
|---|---|---|
| Live Oak Banking Company | 748 | $1.2B |
| The Huntington National Bank | 3,543 | $1.1B |
| Celtic Bank Corporation | 942 | $967.6M |
| Metro City Bank | 490 | $916.3M |
| Readycap Lending, LLC | 1,201 | $841.6M |
| Mortgage Capital Development Corporation | 591 | $748.1M |
| Byline Bank | 565 | $668.0M |
| U.S. Bank, National Association | 1,774 | $549.9M |
Where Retail Trade loans go
| State | Loans | Total volume |
|---|---|---|
| California | 8,539 | $7.1B |
| Texas | 4,050 | $3.6B |
| Florida | 3,857 | $2.4B |
| Georgia | 2,122 | $2.3B |
| New York | 3,990 | $2.0B |
| Washington | 1,803 | $1.8B |
| Illinois | 1,932 | $1.4B |
| New Jersey | 1,870 | $1.2B |
Retail Trade SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 897 | $482.5M |
| 2011 | 1,006 | $595.1M |
| 2012 | 1,239 | $821.7M |
| 2013 | 937 | $590.1M |
| 2014 | 645 | $444.9M |
| 2015 | 738 | $519.1M |
| 2016 | 600 | $464.5M |
| 2017 | 738 | $515.2M |
| 2018 | 616 | $439.4M |
| 2019 | 639 | $510.9M |
| 2020 | 6,316 | $4.0B |
| 2021 | 8,876 | $7.0B |
| 2022 | 6,979 | $4.7B |
| 2023 | 7,551 | $4.5B |
| 2024 | 8,653 | $4.7B |
| 2025 | 9,541 | $5.5B |
| 2026 | 3,237 | $2.3B |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.