Best SBA 7(a) lenders for commercial and institutional building construction
The top SBA 7(a) lenders for commercial and institutional building construction (NAICS 236220) are JPMorgan Chase Bank, National Association, U.S. Bank, National Association, TD Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 2,259 loans totaling $954.7M to businesses in this industry. Average loan size: $423K. Average rate: 9.01%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 2.41%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | 232 | $57.0M | $246K | 10.07% | 1.16% |
| 2 | U.S. Bank, National Association | 165 | $19.2M | $117K | 8.96% | 4.12% |
| 3 | TD Bank, National Association | 144 | $19.9M | $138K | 10.13% | 2.38% |
| 4 | The Huntington National Bank | 131 | $34.0M | $259K | 8.08% | 1.39% |
| 5 | Manufacturers and Traders Trust Company | 112 | $14.1M | $126K | 10.18% | 10.45% |
| 6 | Northeast Bank | 104 | $24.0M | $230K | 10.82% | 0.00% |
| 7 | BayFirst National Bank | 72 | $12.2M | $170K | 12.03% | 7.14% |
| 8 | Wells Fargo Bank National Association | 66 | $16.6M | $251K | 10.04% | 6.67% |
| 9 | Readycap Lending, LLC | 54 | $24.6M | $456K | 11.61% | 0.00% |
| 10 | Zions Bank, A Division of | 44 | $9.8M | $223K | 10.65% | 0.00% |
| 11 | Newtek Small Business Finance, Inc. | 36 | $35.6M | $989K | 6.75% | 0.00% |
| 12 | PNC Bank, National Association | 34 | $7.9M | $233K | 9.26% | 0.00% |
| 13 | Celtic Bank Corporation | 33 | $5.5M | $166K | 10.63% | 12.50% |
| 14 | Banco Popular de Puerto Rico | 30 | $5.0M | $166K | 9.24% | 0.00% |
| 15 | KeyBank National Association | 27 | $8.7M | $324K | 8.88% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 236220. Charge-off rates are calculated on the FY2020–FY2023 cohort only.