Best SBA 7(a) lenders for toy and hobby goods and supplies merchant wholesalers
The top SBA 7(a) lenders for toy and hobby goods and supplies merchant wholesalers (NAICS 423920) are Newtek Bank, National Association, The Huntington National Bank, TD Bank, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 295 loans totaling $130.7M to businesses in this industry. Average loan size: $443K. Average rate: 9.25%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 2.60%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 27 | $14.7M | $544K | 11.22% | 0.00% |
| 2 | The Huntington National Bank | 21 | $3.9M | $187K | 8.73% | 0.00% |
| 3 | TD Bank, National Association | 18 | $2.1M | $117K | 10.34% | 0.00% |
| 4 | Wells Fargo Bank National Association | 17 | $3.3M | $194K | 10.94% | 0.00% |
| 5 | BayFirst National Bank | 16 | $2.5M | $157K | 12.06% | 14.29% |
| 6 | Manufacturers and Traders Trust Company | 15 | $2.7M | $182K | 9.08% | 0.00% |
| 7 | JPMorgan Chase Bank, National Association | 13 | $6.7M | $518K | 9.79% | 0.00% |
| 8 | U.S. Bank, National Association | 12 | $1.4M | $119K | 8.42% | 0.00% |
| 9 | Celtic Bank Corporation | 11 | $1.4M | $129K | 9.59% | 0.00% |
| 10 | First American Bank | 5 | $3.9M | $780K | 6.15% | 0.00% |
| 11 | Brookline Bank, a Division of Beacon Bank and Trust | 5 | $5.9M | $1.2M | 10.60% | — |
| 12 | Live Oak Banking Company | 5 | $5.2M | $1.0M | 7.29% | 0.00% |
| 13 | Northeast Bank | 5 | $1.2M | $237K | 11.00% | — |
| 14 | PNC Bank, National Association | 4 | $2.1M | $518K | 9.27% | 0.00% |
| 15 | CDC Small Business Finance Corp. | 4 | $595K | $149K | 9.56% | 66.67% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 423920. Charge-off rates are calculated on the FY2020–FY2023 cohort only.