Best SBA 7(a) lenders for construction machinery manufacturing
The top SBA 7(a) lenders for construction machinery manufacturing (NAICS 333120) are Northeast Bank, Byline Bank, Consumers National Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 55 loans totaling $52.1M to businesses in this industry. Average loan size: $947K. Average rate: 7.77%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
55
Total $
$52.1M
Avg loan
$947K
Avg rate
7.77%
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 | Northeast Bank | 7 | $1.6M | $226K | 10.36% | 0.00% |
| 2 | Byline Bank | 4 | $2.8M | $700K | 6.00% | 0.00% |
| 3 | Consumers National Bank | 3 | $3.9M | $1.3M | 5.00% | 0.00% |
| 4 | Hiawatha National Bank | 3 | $467K | $156K | 4.33% | 0.00% |
| 5 | Western Commerce Bank | 3 | $4.5M | $1.5M | 4.20% | 0.00% |
| 6 | U.S. Bank, National Association | 3 | $3.7M | $1.2M | 9.67% | 0.00% |
| 7 | The Huntington National Bank | 3 | $447K | $149K | 7.33% | 0.00% |
| 8 | KeyBank National Association | 2 | $5.0M | $2.5M | 7.50% | 0.00% |
| 9 | Live Oak Banking Company | 2 | $3.6M | $1.8M | 6.00% | 0.00% |
| 10 | Manufacturers and Traders Trust Company | 2 | $1.1M | $571K | 10.00% | 0.00% |
| 11 | BayFirst National Bank | 2 | $500K | $250K | 10.38% | 0.00% |
| 12 | United Community Bank | 2 | $1.5M | $770K | 9.25% | — |
| 13 | Readycap Lending, LLC | 2 | $454K | $227K | 12.75% | — |
| 14 | Newtek Small Business Finance, Inc. | 2 | $8.0M | $4.0M | 6.13% | 0.00% |
| 15 | Fulton Bank, National Association | 1 | $5.0M | $5.0M | 10.50% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 333120. Charge-off rates are calculated on the FY2020–FY2023 cohort only.