Best SBA 7(a) lenders for finish carpentry contractors
The top SBA 7(a) lenders for finish carpentry contractors (NAICS 238350) are TD Bank, National Association, The Huntington National Bank, U.S. Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 1,210 loans totaling $327.7M to businesses in this industry. Average loan size: $271K. Average rate: 9.28%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 3.67%.
Loans
1,210
Total $
$327.7M
Avg loan
$271K
Avg rate
9.28%
Avg term
119 mo
Industry chg-off rate
3.67%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 144 | $13.7M | $95K | 10.63% | 11.11% |
| 2 | The Huntington National Bank | 134 | $11.7M | $87K | 8.36% | 2.53% |
| 3 | U.S. Bank, National Association | 126 | $7.3M | $58K | 9.11% | 1.43% |
| 4 | United Midwest Savings Bank National Association | 52 | $7.6M | $147K | 7.62% | 15.91% |
| 5 | Newtek Bank, National Association | 45 | $13.5M | $299K | 11.58% | 0.00% |
| 6 | Manufacturers and Traders Trust Company | 45 | $2.6M | $59K | 9.63% | 3.45% |
| 7 | Wells Fargo Bank National Association | 41 | $8.6M | $209K | 11.06% | 0.00% |
| 8 | JPMorgan Chase Bank, National Association | 38 | $8.9M | $233K | 10.03% | 0.00% |
| 9 | BayFirst National Bank | 31 | $4.4M | $141K | 11.93% | 0.00% |
| 10 | Bank of America, National Association | 29 | $11.6M | $398K | 8.07% | 0.00% |
| 11 | Northeast Bank | 28 | $2.8M | $101K | 10.62% | 0.00% |
| 12 | PNC Bank, National Association | 20 | $7.7M | $385K | 8.57% | 0.00% |
| 13 | Readycap Lending, LLC | 18 | $3.2M | $178K | 12.28% | 0.00% |
| 14 | Eastern Bank | 17 | $2.6M | $155K | 8.84% | 0.00% |
| 15 | Newtek Small Business Finance, Inc. | 17 | $8.7M | $514K | 7.09% | 5.88% |
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 238350. Charge-off rates are calculated on the FY2020–FY2023 cohort only.