Best SBA 7(a) lenders for commercial bakeries
NAICS 311812 — Commercial Bakeries.
337 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $179.1M.
Loans
337
Total $
$179.1M
Avg loan
$531K
Avg rate
8.60%
Avg term
136 mo
Industry chg-off rate
2.07%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 26 | $5.9M | $225K | 8.89% | 0.00% |
| 2 | TD Bank, National Association | 21 | $4.8M | $230K | 10.34% | 0.00% |
| 3 | Manufacturers and Traders Trust Company | 15 | $1.1M | $72K | 10.53% | 25.00% |
| 4 | Readycap Lending, LLC | 9 | $8.1M | $896K | 9.78% | 0.00% |
| 5 | Lendistry SBLC, LLC | 8 | $1.5M | $192K | 12.28% | 0.00% |
| 6 | Northeast Bank | 8 | $955K | $119K | 11.00% | — |
| 7 | Banco Popular de Puerto Rico | 7 | $859K | $123K | 11.96% | 0.00% |
| 8 | Zions Bank, A Division of | 7 | $1.1M | $153K | 8.44% | 0.00% |
| 9 | Columbia Bank | 6 | $5.3M | $881K | 8.08% | 0.00% |
| 10 | Brookline Bank, a Division of Beacon Bank and Trust | 6 | $5.8M | $966K | 8.71% | 0.00% |
| 11 | Newtek Small Business Finance, Inc. | 5 | $3.8M | $765K | 7.55% | 0.00% |
| 12 | Live Oak Banking Company | 5 | $5.5M | $1.1M | 8.06% | 0.00% |
| 13 | Byline Bank | 5 | $7.6M | $1.5M | 8.70% | 0.00% |
| 14 | U.S. Bank, National Association | 5 | $3.7M | $745K | 8.32% | 0.00% |
| 15 | KeyBank National Association | 5 | $1.2M | $232K | 8.75% | 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 311812. Charge-off rates are calculated on the FY2020–FY2023 cohort only.