Best SBA 7(a) lenders for other construction material merchant wholesalers
The top SBA 7(a) lenders for other construction material merchant wholesalers (NAICS 423390) are Northeast Bank, BayFirst National Bank, TD Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 205 loans totaling $129.3M to businesses in this industry. Average loan size: $631K. Average rate: 9.03%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 3.85%.
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% | — |
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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.