Best SBA 7(a) lenders for drywall and insulation contractors
NAICS 238310 — Drywall and Insulation Contractors.
1,046 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $349.1M.
Loans
1,046
Total $
$349.1M
Avg loan
$334K
Avg rate
9.27%
Avg term
117 mo
Industry chg-off rate
4.91%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 197 | $47.2M | $240K | 9.35% | 3.79% |
| 2 | U.S. Bank, National Association | 84 | $6.9M | $82K | 9.72% | 2.86% |
| 3 | JPMorgan Chase Bank, National Association | 52 | $11.3M | $218K | 10.84% | 18.75% |
| 4 | TD Bank, National Association | 51 | $5.7M | $113K | 10.98% | 8.33% |
| 5 | Manufacturers and Traders Trust Company | 40 | $5.7M | $142K | 10.74% | 5.00% |
| 6 | United Midwest Savings Bank National Association | 32 | $5.8M | $183K | 8.40% | 27.78% |
| 7 | Northeast Bank | 25 | $4.7M | $189K | 11.03% | 0.00% |
| 8 | Wells Fargo Bank National Association | 23 | $6.1M | $267K | 10.28% | 13.33% |
| 9 | BayFirst National Bank | 23 | $3.8M | $163K | 11.70% | 14.29% |
| 10 | Readycap Lending, LLC | 21 | $9.8M | $468K | 11.17% | 14.29% |
| 11 | PNC Bank, National Association | 18 | $944K | $52K | 11.09% | 0.00% |
| 12 | Bank of America, National Association | 17 | $7.0M | $409K | 6.97% | 0.00% |
| 13 | Eastern Bank | 17 | $1.5M | $91K | 10.27% | 0.00% |
| 14 | Zions Bank, A Division of | 13 | $1.4M | $109K | 10.24% | 0.00% |
| 15 | Newtek Small Business Finance, Inc. | 13 | $14.9M | $1.1M | 7.92% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need and we'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
We never sell your data. You'll be connected only to lenders matching your criteria.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 238310. Charge-off rates are calculated on the FY2020–FY2023 cohort only.