Best SBA 7(a) lenders for residential remodelers
The top SBA 7(a) lenders for residential remodelers (NAICS 236118) are The Huntington National Bank, TD Bank, National Association, U.S. Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 7,351 loans totaling $1.35B to businesses in this industry. Average loan size: $184K. Average rate: 9.74%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 4.47%.
Loans
7,351
Total $
$1.35B
Avg loan
$184K
Avg rate
9.74%
Avg term
114 mo
Industry chg-off rate
4.47%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 1,125 | $120.5M | $107K | 8.63% | 1.19% |
| 2 | TD Bank, National Association | 916 | $79.4M | $87K | 10.64% | 8.67% |
| 3 | U.S. Bank, National Association | 868 | $51.8M | $60K | 9.20% | 4.97% |
| 4 | United Midwest Savings Bank National Association | 365 | $64.2M | $176K | 8.94% | 11.05% |
| 5 | Manufacturers and Traders Trust Company | 353 | $30.6M | $87K | 10.60% | 7.98% |
| 6 | JPMorgan Chase Bank, National Association | 327 | $55.9M | $171K | 11.12% | 3.70% |
| 7 | Wells Fargo Bank National Association | 297 | $20.8M | $70K | 11.14% | 3.61% |
| 8 | BayFirst National Bank | 270 | $44.8M | $166K | 11.53% | 6.25% |
| 9 | Northeast Bank | 239 | $36.4M | $152K | 10.88% | 0.00% |
| 10 | Readycap Lending, LLC | 196 | $38.1M | $194K | 12.26% | 9.38% |
| 11 | PNC Bank, National Association | 140 | $11.4M | $82K | 10.59% | 6.32% |
| 12 | Columbia Bank | 131 | $7.4M | $56K | 10.72% | 0.00% |
| 13 | KeyBank National Association | 114 | $13.8M | $121K | 9.43% | 3.61% |
| 14 | Celtic Bank Corporation | 88 | $17.1M | $194K | 9.95% | 3.57% |
| 15 | Lendistry SBLC, LLC | 83 | $22.3M | $268K | 12.12% | 50.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 236118. Charge-off rates are calculated on the FY2020–FY2023 cohort only.