Best SBA 7(a) lenders for metal service centers and other metal merchant wholesalers
NAICS 423510 — Metal Service Centers and Other Metal Merchant Wholesalers.
187 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $158.5M.
Loans
187
Total $
$158.5M
Avg loan
$848K
Avg rate
8.48%
Avg term
130 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
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% |
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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.