Best SBA 7(a) lenders for surgical appliance and supplies manufacturing
The top SBA 7(a) lenders for surgical appliance and supplies manufacturing (NAICS 339113) are Newtek Bank, National Association, The Huntington National Bank, Manufacturers and Traders Trust Company, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 123 loans totaling $103.7M to businesses in this industry. Average loan size: $843K. Average rate: 8.82%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.54%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 18 | $27.0M | $1.5M | 11.14% | 0.00% |
| 2 | The Huntington National Bank | 13 | $2.4M | $187K | 9.50% | 0.00% |
| 3 | Manufacturers and Traders Trust Company | 6 | $1.3M | $214K | 9.75% | 0.00% |
| 4 | Wells Fargo Bank National Association | 5 | $1.3M | $268K | 10.84% | 0.00% |
| 5 | BMO Bank National Association | 4 | $3.7M | $934K | 6.18% | 0.00% |
| 6 | JPMorgan Chase Bank, National Association | 4 | $400K | $100K | 12.13% | 50.00% |
| 7 | U.S. Bank, National Association | 4 | $1.3M | $324K | 7.92% | 0.00% |
| 8 | Celtic Bank Corporation | 3 | $375K | $125K | 10.58% | 0.00% |
| 9 | KeyBank National Association | 3 | $735K | $245K | 5.25% | 0.00% |
| 10 | Northwest Bank | 3 | $2.7M | $891K | 9.25% | 0.00% |
| 11 | Old National Bank | 3 | $3.0M | $1.0M | 4.50% | 0.00% |
| 12 | TD Bank, National Association | 3 | $90K | $30K | 12.50% | 0.00% |
| 13 | Primary Bank | 2 | $5.0M | $2.5M | 4.50% | 0.00% |
| 14 | Meridian Bank | 2 | $3.3M | $1.6M | 8.75% | 0.00% |
| 15 | Bank of America, National Association | 2 | $2.0M | $978K | 1.71% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 339113. Charge-off rates are calculated on the FY2020–FY2023 cohort only.