Best SBA 7(a) lenders for other snack food manufacturing
NAICS 311919 — Other Snack Food Manufacturing.
125 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $64.0M.
Loans
125
Total $
$64.0M
Avg loan
$512K
Avg rate
8.79%
Avg term
125 mo
Industry chg-off rate
5.13%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | BayFirst National Bank | 8 | $860K | $107K | 12.38% | 25.00% |
| 2 | Northeast Bank | 7 | $975K | $139K | 10.96% | 0.00% |
| 3 | TD Bank, National Association | 6 | $442K | $74K | 9.68% | 33.33% |
| 4 | First Commonwealth Bank | 5 | $6.1M | $1.2M | 5.60% | 0.00% |
| 5 | BankVista | 5 | $1.5M | $295K | 8.35% | 0.00% |
| 6 | Live Oak Banking Company | 4 | $2.4M | $600K | 8.81% | 0.00% |
| 7 | Newtek Bank, National Association | 4 | $975K | $244K | 12.50% | 0.00% |
| 8 | Wells Fargo Bank National Association | 4 | $1.9M | $484K | 9.03% | 0.00% |
| 9 | The Huntington National Bank | 4 | $422K | $106K | 7.81% | 0.00% |
| 10 | Newtek Small Business Finance, Inc. | 3 | $3.5M | $1.2M | 6.00% | 0.00% |
| 11 | U.S. Bank, National Association | 3 | $46K | $15K | 10.74% | — |
| 12 | BankCherokee | 3 | $454K | $151K | 5.50% | 0.00% |
| 13 | First National Bank Texas | 2 | $1.5M | $738K | 6.00% | 100.00% |
| 14 | Manufacturers and Traders Trust Company | 2 | $270K | $135K | 5.38% | 0.00% |
| 15 | FinWise Bank | 2 | $7.9M | $4.0M | 5.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 311919. Charge-off rates are calculated on the FY2020–FY2023 cohort only.