Best SBA 7(a) lenders for small arms manufacturing
NAICS 332994 — Small Arms Manufacturing.
77 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $46.7M.
Loans
77
Total $
$46.7M
Avg loan
$606K
Avg rate
8.51%
Avg term
122 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 | $3.7M | $409K | 11.25% | — |
| 2 | BayFirst National Bank | 5 | $1.4M | $277K | 11.45% | 0.00% |
| 3 | OakStar Bank | 5 | $8.5M | $1.7M | 6.65% | 0.00% |
| 4 | Coulee Bank | 4 | $3.6M | $900K | 5.81% | 0.00% |
| 5 | Northeast Bank | 3 | $236K | $79K | 11.08% | — |
| 6 | The Huntington National Bank | 3 | $162K | $54K | 6.25% | 0.00% |
| 7 | Wells Fargo Bank National Association | 3 | $35K | $12K | 11.83% | 0.00% |
| 8 | Newtek Small Business Finance, Inc. | 3 | $575K | $192K | 8.33% | 0.00% |
| 9 | U.S. Bank, National Association | 2 | $140K | $70K | 7.75% | 0.00% |
| 10 | RiverBank | 2 | $90K | $45K | 8.81% | — |
| 11 | Columbia Bank | 2 | $30K | $15K | 6.00% | 0.00% |
| 12 | Colony Bank | 2 | $1.5M | $752K | 10.00% | — |
| 13 | Idaho Central CU | 2 | $632K | $316K | 10.25% | 0.00% |
| 14 | CDC Small Business Finance Corp. | 2 | $87K | $44K | 6.50% | 0.00% |
| 15 | Banner Bank | 2 | $108K | $54K | 9.00% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 332994. Charge-off rates are calculated on the FY2020–FY2023 cohort only.