Best SBA 7(a) lenders for other construction material merchant wholesalers
NAICS 423390 — Other Construction Material Merchant Wholesalers.
205 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $129.3M.
Loans
205
Total $
$129.3M
Avg loan
$631K
Avg rate
9.03%
Avg term
133 mo
Industry chg-off rate
3.85%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | 18 | $2.9M | $160K | 10.90% | 0.00% |
| 2 | BayFirst National Bank | 13 | $1.7M | $129K | 12.50% | 0.00% |
| 3 | TD Bank, National Association | 11 | $1.5M | $134K | 9.94% | 0.00% |
| 4 | Wells Fargo Bank National Association | 11 | $6.0M | $544K | 10.38% | 20.00% |
| 5 | U.S. Bank, National Association | 9 | $3.7M | $411K | 8.13% | 12.50% |
| 6 | Cadence Bank | 7 | $1.8M | $255K | 10.57% | 0.00% |
| 7 | Cross River Bank | 7 | $6.8M | $974K | 9.21% | 0.00% |
| 8 | JPMorgan Chase Bank, National Association | 6 | $3.5M | $579K | 10.04% | 0.00% |
| 9 | Manufacturers and Traders Trust Company | 6 | $4.2M | $695K | 11.21% | 0.00% |
| 10 | Five Star Bank | 4 | $1.1M | $265K | 7.50% | 0.00% |
| 11 | Live Oak Banking Company | 4 | $7.5M | $1.9M | 9.38% | — |
| 12 | Newtek Bank, National Association | 4 | $4.3M | $1.1M | 10.63% | — |
| 13 | The Huntington National Bank | 4 | $1.2M | $297K | 5.88% | 0.00% |
| 14 | Colony Bank | 3 | $450K | $150K | 11.50% | — |
| 15 | Lendistry SBLC, LLC | 3 | $775K | $258K | 12.00% | — |
Get matched with SBA lenders — free
Tell us a bit about your funding need and we'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
We never sell your data. You'll be connected only to lenders matching your criteria.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 423390. Charge-off rates are calculated on the FY2020–FY2023 cohort only.