Best SBA 7(a) lenders for power and communication line and related structures construction
The top SBA 7(a) lenders for power and communication line and related structures construction (NAICS 237130) are The Huntington National Bank, JPMorgan Chase 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 368 loans totaling $199.4M to businesses in this industry. Average loan size: $542K. Average rate: 9.04%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.94%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 34 | $4.8M | $143K | 9.40% | 0.00% |
| 2 | JPMorgan Chase Bank, National Association | 22 | $4.6M | $211K | 11.31% | 0.00% |
| 3 | TD Bank, National Association | 22 | $6.4M | $290K | 10.11% | 23.08% |
| 4 | Wells Fargo Bank National Association | 21 | $1.7M | $79K | 10.86% | 10.00% |
| 5 | Newtek Bank, National Association | 15 | $21.2M | $1.4M | 10.97% | 0.00% |
| 6 | U.S. Bank, National Association | 15 | $793K | $53K | 9.02% | 0.00% |
| 7 | ChoiceOne Bank | 11 | $7.0M | $634K | 7.59% | 0.00% |
| 8 | Manufacturers and Traders Trust Company | 11 | $924K | $84K | 11.18% | 0.00% |
| 9 | KeyBank National Association | 9 | $12.8M | $1.4M | 7.35% | 0.00% |
| 10 | Old National Bank | 8 | $1.8M | $223K | 8.31% | 0.00% |
| 11 | Northeast Bank | 8 | $1.6M | $204K | 10.91% | — |
| 12 | Readycap Lending, LLC | 7 | $1.4M | $203K | 12.50% | — |
| 13 | Newtek Small Business Finance, Inc. | 6 | $13.1M | $2.2M | 7.25% | 0.00% |
| 14 | PNC Bank, National Association | 6 | $360K | $60K | 12.43% | 0.00% |
| 15 | Zions Bank, A Division of | 5 | $1.6M | $318K | 8.73% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 237130. Charge-off rates are calculated on the FY2020–FY2023 cohort only.