Best SBA 7(a) lenders for asphalt paving mixture and block manufacturing
NAICS 324121 — Asphalt Paving Mixture and Block Manufacturing.
62 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $32.3M.
Loans
62
Total $
$32.3M
Avg loan
$521K
Avg rate
9.34%
Avg term
124 mo
Industry chg-off rate
3.45%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | 1st Source Bank | 3 | $1.1M | $373K | 6.92% | 0.00% |
| 2 | BayFirst National Bank | 3 | $450K | $150K | 11.00% | 0.00% |
| 3 | The Huntington National Bank | 3 | $540K | $180K | 10.83% | — |
| 4 | Meridian Bank | 3 | $3.3M | $1.1M | 9.75% | 0.00% |
| 5 | Wells Fargo Bank National Association | 3 | $30K | $10K | 12.33% | 0.00% |
| 6 | Northeast Bank | 3 | $1.0M | $338K | 10.75% | — |
| 7 | TD Bank, National Association | 3 | $640K | $213K | 10.17% | — |
| 8 | Banco Popular de Puerto Rico | 2 | $2.0M | $1.0M | 6.17% | 0.00% |
| 9 | Manufacturers and Traders Trust Company | 2 | $115K | $58K | 12.13% | 0.00% |
| 10 | PNC Bank, National Association | 2 | $40K | $20K | 10.82% | 0.00% |
| 11 | The Bank of Missouri | 2 | $481K | $240K | 4.88% | 0.00% |
| 12 | Farmers and Merchants Bank | 2 | $5.0M | $2.5M | 6.13% | 0.00% |
| 13 | Central Bank | 2 | $1.6M | $806K | 10.13% | — |
| 14 | Busey Bank | 2 | $910K | $455K | 11.00% | 0.00% |
| 15 | Celtic Bank Corporation | 2 | $300K | $150K | 11.25% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 324121. Charge-off rates are calculated on the FY2020–FY2023 cohort only.