Best SBA 7(a) lenders for pharmaceutical preparation manufacturing
The top SBA 7(a) lenders for pharmaceutical preparation manufacturing (NAICS 325412) are Newtek Bank, National Association, Manufacturers and Traders Trust Company, Firstrust Savings Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 97 loans totaling $129.2M to businesses in this industry. Average loan size: $1.3M. Average rate: 8.39%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
97
Total $
$129.2M
Avg loan
$1.3M
Avg rate
8.39%
Avg term
138 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 | 6 | $7.2M | $1.2M | 10.83% | 0.00% |
| 2 | Manufacturers and Traders Trust Company | 6 | $505K | $84K | 8.38% | 0.00% |
| 3 | Firstrust Savings Bank | 6 | $5.9M | $986K | 10.00% | 0.00% |
| 4 | Northeast Bank | 5 | $1.9M | $379K | 10.75% | — |
| 5 | Readycap Lending, LLC | 5 | $1.9M | $381K | 11.70% | — |
| 6 | Regions Bank | 3 | $3.1M | $1.0M | 5.91% | 0.00% |
| 7 | Peapack Private Bank and Trust | 3 | $8.7M | $2.9M | 7.00% | 0.00% |
| 8 | Celtic Bank Corporation | 3 | $4.1M | $1.4M | 7.25% | 0.00% |
| 9 | Eastern Bank | 3 | $630K | $210K | 5.42% | 0.00% |
| 10 | BayFirst National Bank | 3 | $1.3M | $427K | 12.00% | — |
| 11 | Enterprise Bank & Trust | 2 | $913K | $456K | 6.00% | 0.00% |
| 12 | Hanover Community Bank | 2 | $4.4M | $2.2M | 6.00% | 0.00% |
| 13 | Financial Resources Federal Credit Union | 2 | $7.6M | $3.8M | 10.63% | 0.00% |
| 14 | Customers Bank | 2 | $3.5M | $1.8M | 9.00% | — |
| 15 | Cedar Rapids Bank and Trust Company | 2 | $7.7M | $3.9M | 4.25% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 325412. Charge-off rates are calculated on the FY2020–FY2023 cohort only.