Best SBA 7(a) lenders for service establishment equipment and supplies merchant wholesalers
The top SBA 7(a) lenders for service establishment equipment and supplies merchant wholesalers (NAICS 423850) are TD Bank, National Association, The Huntington National Bank, Newtek Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 192 loans totaling $96.8M to businesses in this industry. Average loan size: $504K. Average rate: 8.88%. 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 | TD Bank, National Association | 22 | $9.7M | $440K | 9.05% | 0.00% |
| 2 | The Huntington National Bank | 16 | $6.8M | $423K | 8.03% | 0.00% |
| 3 | Newtek Bank, National Association | 15 | $7.0M | $469K | 11.73% | — |
| 4 | JPMorgan Chase Bank, National Association | 10 | $3.0M | $302K | 9.24% | 0.00% |
| 5 | BayFirst National Bank | 9 | $1.5M | $165K | 11.69% | 0.00% |
| 6 | Wells Fargo Bank National Association | 8 | $2.5M | $314K | 9.75% | 0.00% |
| 7 | Manufacturers and Traders Trust Company | 8 | $1.8M | $223K | 9.50% | 0.00% |
| 8 | U.S. Bank, National Association | 7 | $2.9M | $410K | 8.67% | 0.00% |
| 9 | Bank of America, National Association | 5 | $1.7M | $331K | 7.30% | 0.00% |
| 10 | ACC Capital | 4 | $1.4M | $352K | 10.63% | — |
| 11 | Zions Bank, A Division of | 3 | $494K | $165K | 9.25% | 0.00% |
| 12 | PNC Bank, National Association | 3 | $1.6M | $532K | 10.16% | 0.00% |
| 13 | FinWise Bank | 3 | $4.4M | $1.5M | 9.67% | 0.00% |
| 14 | Enterprise Bank & Trust | 3 | $2.2M | $742K | 5.50% | 0.00% |
| 15 | Northeast Bank | 3 | $527K | $176K | 11.25% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 423850. Charge-off rates are calculated on the FY2020–FY2023 cohort only.