Best SBA 7(a) lenders for other industrial machinery manufacturing
The top SBA 7(a) lenders for other industrial machinery manufacturing (NAICS 333249) are U.S. Bank, National Association, German American Bank, First American Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 76 loans totaling $59.6M to businesses in this industry. Average loan size: $784K. Average rate: 5.42%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
76
Total $
$59.6M
Avg loan
$784K
Avg rate
5.42%
Avg term
120 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 | U.S. Bank, National Association | 5 | $3.4M | $676K | 6.49% | 0.00% |
| 2 | German American Bank | 4 | $1.1M | $282K | 4.75% | 0.00% |
| 3 | First American Bank | 4 | $1.8M | $444K | 3.94% | 0.00% |
| 4 | The Huntington National Bank | 4 | $747K | $187K | 6.50% | 0.00% |
| 5 | Truist Bank | 4 | $2.4M | $599K | 5.56% | 0.00% |
| 6 | Enterprise Bank | 3 | $2.7M | $900K | 5.50% | 0.00% |
| 7 | First State Bank Nebraska | 3 | $1.3M | $422K | 4.75% | 0.00% |
| 8 | First Commonwealth Bank | 3 | $2.8M | $950K | 5.25% | 0.00% |
| 9 | Manufacturers and Traders Trust Company | 3 | $2.4M | $792K | 5.58% | 0.00% |
| 10 | Old National Bank | 3 | $2.2M | $743K | 5.83% | 0.00% |
| 11 | Oostburg State Bank | 2 | $804K | $402K | 6.00% | 0.00% |
| 12 | Granite Bank | 2 | $3.5M | $1.8M | 6.00% | 0.00% |
| 13 | KeyBank National Association | 2 | $935K | $468K | 5.50% | 0.00% |
| 14 | BayFirst National Bank | 2 | $1.2M | $623K | 5.13% | 0.00% |
| 15 | Bank of America, National Association | 2 | $481K | $240K | 6.87% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 333249. Charge-off rates are calculated on the FY2020–FY2023 cohort only.