Best SBA 7(a) lenders for welding and soldering equipment manufacturing
The top SBA 7(a) lenders for welding and soldering equipment manufacturing (NAICS 333992) are The Huntington National Bank, Wells Fargo Bank National Association, U.S. Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 120 loans totaling $34.8M to businesses in this industry. Average loan size: $290K. Average rate: 9.07%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.69%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 16 | $1.8M | $113K | 8.36% | 0.00% |
| 2 | Wells Fargo Bank National Association | 13 | $210K | $16K | 12.33% | 0.00% |
| 3 | U.S. Bank, National Association | 5 | $290K | $58K | 9.59% | 0.00% |
| 4 | TD Bank, National Association | 5 | $372K | $74K | 11.75% | 0.00% |
| 5 | Columbia Bank | 4 | $200K | $50K | 13.00% | — |
| 6 | Northeast Bank | 4 | $559K | $140K | 10.44% | — |
| 7 | First National Bank of Pennsylvania | 3 | $1.3M | $433K | 6.42% | 0.00% |
| 8 | First Bank & Trust | 3 | $1.1M | $354K | 8.83% | — |
| 9 | OakStar Bank | 3 | $1.9M | $631K | 10.25% | — |
| 10 | Manufacturers and Traders Trust Company | 3 | $60K | $20K | 13.58% | 0.00% |
| 11 | First National Bank Texas | 3 | $123K | $41K | 8.45% | 0.00% |
| 12 | Heritage Bank, National Association | 2 | $1.1M | $567K | 7.13% | 0.00% |
| 13 | CIBC Bank USA | 2 | $3.5M | $1.7M | 8.50% | — |
| 14 | PNC Bank, National Association | 2 | $70K | $35K | 10.45% | 0.00% |
| 15 | North Brookfield Savings Bank | 2 | $278K | $139K | 8.88% | — |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 333992. Charge-off rates are calculated on the FY2020–FY2023 cohort only.