Best SBA 7(a) lenders for masonry contractors
The top SBA 7(a) lenders for masonry contractors (NAICS 238140) 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 624 loans totaling $168.4M to businesses in this industry. Average loan size: $270K. Average rate: 9.05%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 2.30%.
Loans
624
Total $
$168.4M
Avg loan
$270K
Avg rate
9.05%
Avg term
115 mo
Industry chg-off rate
2.30%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 119 | $20.4M | $172K | 8.24% | 2.82% |
| 2 | TD Bank, National Association | 71 | $6.4M | $90K | 10.75% | 3.13% |
| 3 | U.S. Bank, National Association | 48 | $2.3M | $48K | 9.23% | 3.57% |
| 4 | JPMorgan Chase Bank, National Association | 35 | $7.4M | $212K | 10.24% | 0.00% |
| 5 | Manufacturers and Traders Trust Company | 24 | $1.6M | $65K | 10.73% | 0.00% |
| 6 | PNC Bank, National Association | 19 | $3.1M | $162K | 10.65% | 7.69% |
| 7 | Northeast Bank | 17 | $2.4M | $141K | 10.84% | 0.00% |
| 8 | BayFirst National Bank | 14 | $2.4M | $168K | 10.46% | 9.09% |
| 9 | Wells Fargo Bank National Association | 13 | $1.3M | $103K | 9.88% | 0.00% |
| 10 | Eastern Bank | 11 | $924K | $84K | 8.43% | 0.00% |
| 11 | Webster Bank National Association | 11 | $2.8M | $252K | 6.22% | 0.00% |
| 12 | Columbia Bank | 7 | $4.4M | $635K | 9.07% | 25.00% |
| 13 | Readycap Lending, LLC | 7 | $715K | $102K | 13.68% | — |
| 14 | Meridian Bank | 7 | $5.1M | $732K | 10.21% | 0.00% |
| 15 | KeyBank National Association | 7 | $3.1M | $436K | 9.95% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 238140. Charge-off rates are calculated on the FY2020–FY2023 cohort only.