Best SBA 7(a) lenders for perishable prepared food manufacturing
The top SBA 7(a) lenders for perishable prepared food manufacturing (NAICS 311991) are Newtek Bank, National Association, Northeast Bank, The Huntington National Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 131 loans totaling $100.8M to businesses in this industry. Average loan size: $769K. Average rate: 8.68%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
131
Total $
$100.8M
Avg loan
$769K
Avg rate
8.68%
Avg term
143 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 9 | $12.7M | $1.4M | 12.22% | — |
| 2 | Northeast Bank | 6 | $1.0M | $167K | 11.00% | — |
| 3 | The Huntington National Bank | 5 | $1.4M | $275K | 9.20% | 0.00% |
| 4 | BayFirst National Bank | 4 | $875K | $219K | 9.75% | 0.00% |
| 5 | TD Bank, National Association | 4 | $90K | $23K | 10.84% | 0.00% |
| 6 | Zions Bank, A Division of | 3 | $832K | $277K | 10.78% | — |
| 7 | KeyBank National Association | 3 | $350K | $117K | 9.01% | 0.00% |
| 8 | Enterprise Bank & Trust | 3 | $4.2M | $1.4M | 7.33% | 0.00% |
| 9 | Stone Bank | 3 | $4.9M | $1.6M | 6.00% | 0.00% |
| 10 | Manufacturers and Traders Trust Company | 3 | $1.4M | $467K | 9.83% | 0.00% |
| 11 | Readycap Lending, LLC | 3 | $545K | $182K | 13.25% | — |
| 12 | Bank Michigan | 2 | $386K | $193K | 11.25% | 0.00% |
| 13 | First Merchants Bank | 2 | $5.0M | $2.5M | 6.00% | 0.00% |
| 14 | JPMorgan Chase Bank, National Association | 2 | $3.4M | $1.7M | 5.51% | 0.00% |
| 15 | Kennebunk Savings Bank | 2 | $470K | $235K | 4.89% | 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 311991. Charge-off rates are calculated on the FY2020–FY2023 cohort only.