Best SBA 7(a) lenders for paint and coating manufacturing
The top SBA 7(a) lenders for paint and coating manufacturing (NAICS 325510) are The Huntington National Bank, BayFirst National Bank, Republic Bank & Trust Company, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 89 loans totaling $53.8M to businesses in this industry. Average loan size: $604K. Average rate: 8.15%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
89
Total $
$53.8M
Avg loan
$604K
Avg rate
8.15%
Avg term
144 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 | The Huntington National Bank | 5 | $1.1M | $220K | 7.35% | 0.00% |
| 2 | BayFirst National Bank | 4 | $567K | $142K | 12.50% | 0.00% |
| 3 | Republic Bank & Trust Company | 4 | $1.7M | $427K | 4.06% | 0.00% |
| 4 | U.S. Bank, National Association | 4 | $6.2M | $1.6M | 5.76% | 0.00% |
| 5 | Readycap Lending, LLC | 4 | $1.4M | $351K | 12.06% | — |
| 6 | Manufacturers and Traders Trust Company | 3 | $550K | $183K | 9.50% | 0.00% |
| 7 | Bank of Franklin County | 2 | $551K | $276K | 7.88% | 0.00% |
| 8 | 1st State Bank | 2 | $330K | $165K | 10.50% | — |
| 9 | Meridian Bank | 2 | $660K | $330K | 11.13% | — |
| 10 | Peoples Bank | 2 | $600K | $300K | 5.25% | 0.00% |
| 11 | Signature Bank | 2 | $4.7M | $2.3M | 9.25% | — |
| 12 | Northeast Bank | 2 | $165K | $83K | 12.25% | — |
| 13 | UMB Bank, National Association | 2 | $2.7M | $1.4M | 8.00% | — |
| 14 | WesBanco Bank, Inc. | 2 | $325K | $162K | 10.50% | — |
| 15 | Synovus Bank | 2 | $1.7M | $837K | 5.50% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 325510. Charge-off rates are calculated on the FY2020–FY2023 cohort only.