Live SBA FOIA Data

SBA Loan Statistics for Retail Businesses

Average SBA 7(a) loan statistics for brick-and-mortar retail — median approvals, rates, acquisition share, and Two Markets multiples.

Data as of 2025-09-30 · Based on 1,977 SBA 7(a) loans across 6 NAICS codes

Industry Debt Benchmark

$824,341

Median SBA 7(a) gross approval for Retail (FY 2025)

FY 2025

Avg Interest Rate (FY 2025)

9.66%

Acquisitions

12%

Loans (Selected FY)

1,010

+4% vs FY 2024

Loan Purpose Mix

How SBA 7(a) loans in your industry break down by business purpose · FY 2025

Change of Ownership
12%(117)
Startup
25%(251)
Existing Business
63%(639)
Other
0%(3)

12% of SBA loans in your sector fund ownership changes — a signal of consolidation and reinvestment activity.

Typical Loan Size

Interest Rate Trend

All-years avg: 10.79% (FY 20242025)

Acquisition Activity in Your Sector

The share and size of Change of Ownership SBA loans signals how active acquisition financing is in your industry.

Acquisition Share

12%

Median Loan

$875,000

Median Rate

9.44%

Median Term

120 mo

8% of acquisition loans involved a franchise brand (e.g. Super 8, Urban Air, One Hour Air).

FY 2025 · 117 Change of Ownership loans · Loan approval ≠ purchase price

Two Markets for Retail

Public markets reward scale and liquidity. SMB lending reflects the capital available to businesses your size.

Wall Street

Public companies

EV / EBITDA

EBITDA Margin

Main Street

SBA + SMB deals

SMB Multiple

Median SBA Loan

$824,341

1,010 SBA loans (latest FY)

The spread between these markets is the illiquidity and size discount built into SMB economics.

Important context

SBA loan approvals reflect financing amounts, not business enterprise value. Not all exits or acquisitions use SBA debt — buyers typically combine equity, seller notes, and conventional bank financing.

Data is aggregated and anonymized from SBA FOIA disclosures and Damodaran industry datasets. Public company multiples reflect listed firms and are not direct comparables for most SMB transactions.

See our valuation methodology for how XIT blends FCFF, FCFE, and EV/EBITDA — and why SBA loan sizes are financing context, not a formal appraisal.

What owners should know

Brick-and-mortar retail deals depend on inventory, lease terms, and local foot traffic — factors public retail comps rarely capture. SBA 7(a) FOIA data shows median approvals, rate environment, and acquisition activity for retail NAICS codes. Use these live aggregates alongside public EV/EBITDA to ground buyer and seller conversations in financing reality.

Frequently asked questions

The hero metric shows median gross approval for mapped retail NAICS codes in the selected fiscal year.
Many independent store acquisitions combine SBA debt with seller notes. The acquisition share tile quantifies change-of-ownership volume.
Rate insights and the rates chart show trends across fiscal years in the FOIA dataset.
National chains trade at scales independent stores never reach. The Two Markets panel isolates the typical gap.
No — SBA approvals measure financing, not enterprise value.