Best SBA 7(a) lenders for commercial bakeries
The top SBA 7(a) lenders for commercial bakeries (NAICS 311812) are The Huntington National Bank, TD Bank, National Association, Manufacturers and Traders Trust Company, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 337 loans totaling $179.1M to businesses in this industry. Average loan size: $531K. Average rate: 8.60%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 2.07%.
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% |
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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.