Best SBA 7(a) lenders for fruit and vegetable canning
The top SBA 7(a) lenders for fruit and vegetable canning (NAICS 311421) are Newtek Bank, National Association, The Huntington National Bank, Woodlands National Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 51 loans totaling $14.3M to businesses in this industry. Average loan size: $280K. Average rate: 8.85%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 3.85%.
Loans
51
Total $
$14.3M
Avg loan
$280K
Avg rate
8.85%
Avg term
120 mo
Industry chg-off rate
3.85%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 6 | $1.3M | $208K | 11.58% | — |
| 2 | The Huntington National Bank | 5 | $307K | $61K | 7.55% | 0.00% |
| 3 | Woodlands National Bank | 3 | $1.1M | $383K | 4.23% | 0.00% |
| 4 | Lendistry SBLC, LLC | 3 | $217K | $72K | 12.83% | — |
| 5 | American Bank | 3 | $303K | $101K | 11.17% | — |
| 6 | CIBM Bank | 2 | $450K | $225K | 7.50% | 0.00% |
| 7 | Hancock Whitney Bank | 2 | $1.0M | $503K | 11.00% | — |
| 8 | Republic Bank & Trust Company | 2 | $678K | $339K | 7.67% | — |
| 9 | West Coast Community Bank | 2 | $472K | $236K | 10.75% | 0.00% |
| 10 | Citizens State Bank of La Crosse | 2 | $100K | $50K | 8.38% | 0.00% |
| 11 | City National Bank | 2 | $3.0M | $1.5M | 9.96% | — |
| 12 | Celtic Bank Corporation | 2 | $192K | $96K | 10.38% | 0.00% |
| 13 | CDC Small Business Finance Corp. | 1 | $89K | $89K | 6.75% | 100.00% |
| 14 | Foresight Bank | 1 | $350K | $350K | 6.45% | 0.00% |
| 15 | FirstBank | 1 | $2.0M | $2.0M | 4.25% | 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 311421. Charge-off rates are calculated on the FY2020–FY2023 cohort only.