Best SBA 7(a) lenders for metal service centers and other metal merchant wholesalers
The top SBA 7(a) lenders for metal service centers and other metal merchant wholesalers (NAICS 423510) are The Huntington National Bank, JPMorgan Chase Bank, National Association, TD Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 187 loans totaling $158.5M to businesses in this industry. Average loan size: $848K. Average rate: 8.48%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 22 | $10.7M | $488K | 8.68% | 0.00% |
| 2 | JPMorgan Chase Bank, National Association | 12 | $2.7M | $226K | 10.53% | 0.00% |
| 3 | TD Bank, National Association | 9 | $2.4M | $261K | 9.36% | 0.00% |
| 4 | KeyBank National Association | 8 | $3.1M | $392K | 7.69% | 0.00% |
| 5 | Newtek Bank, National Association | 7 | $2.5M | $359K | 11.82% | 0.00% |
| 6 | U.S. Bank, National Association | 6 | $3.5M | $577K | 8.40% | 0.00% |
| 7 | Zions Bank, A Division of | 6 | $4.0M | $663K | 10.68% | — |
| 8 | Manufacturers and Traders Trust Company | 6 | $8.5M | $1.4M | 7.79% | 0.00% |
| 9 | Newtek Small Business Finance, Inc. | 5 | $11.5M | $2.3M | 6.00% | 0.00% |
| 10 | BayFirst National Bank | 4 | $600K | $150K | 12.44% | 0.00% |
| 11 | Bank of America, National Association | 4 | $1.4M | $363K | 8.54% | 0.00% |
| 12 | Comerica Bank | 4 | $1.6M | $411K | 6.25% | 0.00% |
| 13 | Banner Bank | 3 | $577K | $192K | 7.33% | 0.00% |
| 14 | First Bank of the Lake | 3 | $3.4M | $1.1M | 6.42% | 0.00% |
| 15 | OakStar Bank | 3 | $8.4M | $2.8M | 9.33% | 0.00% |
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 423510. Charge-off rates are calculated on the FY2020–FY2023 cohort only.