Best SBA 7(a) lenders for drywall and insulation contractors
The top SBA 7(a) lenders for drywall and insulation contractors (NAICS 238310) are The Huntington National Bank, U.S. Bank, National Association, JPMorgan Chase Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 1,046 loans totaling $349.1M to businesses in this industry. Average loan size: $334K. Average rate: 9.27%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 4.91%.
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% |
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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.