{"citation":"SBA loans for online sellers. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/electronic-shopping/ Source: SBA 7(a) loan file, June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/industries/electronic-shopping/","title":"SBA loans for online sellers","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) loan file, June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"},{"label":"SOP 50 10 8.1: App. 19, Para. A (p. 404); Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127); App. 19, Para. B.3 (Para. B begins p. 408); App. 16, Para. B.2 (Para. B begins p. 388); Sec. B, Ch. 2 (p. 125); App. 17, Para. B.3 (Para. B begins p. 391); Sec. B, Ch. 2, Para. B.1 (p. 126); Sec. A, Ch. 5, Para. A.1 (p. 93); App. 17, Para. A.2 (p. 390); App. 17, Para. A.1 (p. 390); SBA Procedural Notice 5000-876777; 13 CFR § 120.160(a)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"13 CFR § 120.100","url":"https://www.ecfr.gov/current/title-13/section-120.100"},{"label":"SOP 50 10 8.1: App. 18, Para. A.2 (p. 395); 13 CFR § 120.214(d)(1)","url":"https://www.ecfr.gov/current/title-13/section-120.214"}],"data":{"naics":"454111","industry":"Electronic Shopping","sector":"Retail Trade","as_of":"2026-06-30","basis":"recent","windows":{"recent":"FY2024 through June 30, 2026","all":"FY2020 through June 30, 2026","seasoned":"FY2020 to FY2022 loans, charge-offs through June 30, 2026"},"recent":{"loans":59,"dollars":7996200,"median_amount":50000,"p25_amount":25000,"p75_amount":247500,"median_rate":11.5,"median_spread":3.0,"median_term":120,"express_share":96.6,"loc_share":91.5},"all":{"loans":196,"dollars":27671800,"median_amount":99250,"p25_amount":25000,"p75_amount":194250,"median_rate":null,"median_spread":3.5,"median_term":120,"express_share":80.6,"loc_share":69.9},"chargeoff":{"cohort_loans":39,"charged_off_loans":null,"rate_loans":null,"rate_dollars":null},"lenders":[{"name":"TD Bank","loans":153,"url":"https://www.sbaexpress.loans/sba-express-lenders/td-bank/"},{"name":"BayFirst National Bank","loans":27,"url":"https://www.sbaexpress.loans/sba-express-lenders/bayfirst-national-bank/"}],"states":[{"name":"New York","loans":22,"url":"https://www.sbaexpress.loans/new-york-small-business-loans/"},{"name":"Florida","loans":14,"url":"https://www.sbaexpress.loans/florida-small-business-loans/"},{"name":"New Jersey","loans":11,"url":"https://www.sbaexpress.loans/new-jersey-small-business-loans/"}],"note":"Counts under 5 are suppressed, and so is a share or rate that would give one back. Rates are rates at approval, not today's rates.","rows":[{"size_band":"$50,000 or less","loans":32,"share_pct":54.2},{"size_band":"$50,001 to $150,000","loans":10,"share_pct":16.9},{"size_band":"$150,001 to $350,000","loans":15,"share_pct":25.4},{"size_band":"$350,001 to $500,000","loans":null,"share_pct":null},{"size_band":"$500,001 to $1,000,000","loans":0,"share_pct":0.0},{"size_band":"$1,000,001 to $2,000,000","loans":0,"share_pct":0.0},{"size_band":"Over $2,000,000","loans":null,"share_pct":null}]}}