Reupholstery and Furniture Repair: SBA business acquisition loan data
22 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Reupholstery and Furniture Repair (NAICS 811420), totaling $18.5M. Median loan $493,200, 24% lower than the all-acquisition median.
Terms signed in the LOI shape the purchase agreement that follows.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $1,261,375 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is less than 0.05% of all SBA-financed business purchases, ranking #278 of 300 industries tracked.
- Geography. California leads with 5 loans; the top five states account for 68% of the industry's acquisitions.
- Jobs. Lenders reported 274 jobs supported across these loans, about 12.5 per acquisition, a rough proxy for the size of business changing hands.
Reupholstery and Furniture Repair acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 1 | $2.3M | $2,320,000 | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 2 | $706K | $353,150 | |
| FY2022 | 3 | $3.3M | $1,500,000 | |
| FY2023 | 4 | $2.1M | $373,700 | |
| FY2024 | 2 | $1.2M | $582,250 | |
| FY2025 | 5 | $2.7M | $225,000 | |
| FY2026 | 5 | $6.3M | $527,000 |
How often do these acquisition loans fail?
Fewer than 20 Reupholstery and Furniture Repair acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 5 | 22.7% | $3.8M | |
| 2 | Florida | 4 | 18.2% | $3.3M | |
| 3 | Texas | 3 | 13.6% | $2.9M | |
| 4 | Kansas | 2 | 9.1% | $499K | |
| 5 | Washington | 1 | 4.5% | $3.1M | |
| 6 | Utah | 1 | 4.5% | $1.5M | |
| 7 | Arizona | 1 | 4.5% | $1.3M | |
| 8 | New Jersey | 1 | 4.5% | $1.1M | |
| 9 | Ohio | 1 | 4.5% | $401K | |
| 10 | Kentucky | 1 | 4.5% | $288K |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 8 | 36.4% | $6.1M | |
| 2 | Emprise Bank | 2 | 9.1% | $499K | |
| 3 | Washington Trust Bank | 1 | 4.5% | $3.1M | |
| 4 | Fifth Third Bank | 1 | 4.5% | $2.3M | |
| 5 | Zions Bancorporation, National Association | 1 | 4.5% | $1.5M | |
| 6 | Tucson FCU | 1 | 4.5% | $1.3M | |
| 7 | Wilmington Savings Fund Society FSB | 1 | 4.5% | $1.1M | |
| 8 | U.S. Bank, National Association | 1 | 4.5% | $764K | |
| 9 | Regions Bank | 1 | 4.5% | $616K | |
| 10 | Eclipse Bank Inc | 1 | 4.5% | $401K |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Questions buyers ask
How much is a typical SBA loan to buy a business in Reupholstery and Furniture Repair?
Median $493,200 across 22 acquisition loans (FY2018 to FY2026); the middle half ran $206,250 to $1,261,375. That is 24% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Reupholstery and Furniture Repair acquisitions?
Live Oak Banking Company (8), Emprise Bank (2), Washington Trust Bank (1), Fifth Third Bank (1), Zions Bancorporation, National Association (1).
Are businesses in Reupholstery and Furniture Repair often franchised?
Sometimes. 18% of SBA acquisition loans in this industry financed a franchised unit. Top brands: .
How risky are SBA loans for buying a business in Reupholstery and Furniture Repair?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Reupholstery and Furniture Repair acquisitions?
Median term 10 years, average initial rate 8.11% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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