Best SBA 7(a) lenders for industrial and personal service paper merchant wholesalers
The top SBA 7(a) lenders for industrial and personal service paper merchant wholesalers (NAICS 424130) are TD Bank, National Association, U.S. Bank, National Association, Bank Northwest, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 94 loans totaling $73.9M to businesses in this industry. Average loan size: $786K. Average rate: 8.59%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.79%.
Loans
94
Total $
$73.9M
Avg loan
$786K
Avg rate
8.59%
Avg term
123 mo
Industry chg-off rate
1.79%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 17 | $5.1M | $299K | 8.65% | 11.11% |
| 2 | U.S. Bank, National Association | 6 | $6.7M | $1.1M | 6.08% | 0.00% |
| 3 | Bank Northwest | 5 | $1.8M | $351K | 4.46% | 0.00% |
| 4 | Wells Fargo Bank National Association | 5 | $4.9M | $974K | 10.02% | 0.00% |
| 5 | Newtek Bank, National Association | 4 | $870K | $218K | 11.88% | 0.00% |
| 6 | Live Oak Banking Company | 4 | $2.6M | $644K | 8.50% | 0.00% |
| 7 | The Huntington National Bank | 4 | $456K | $114K | 8.69% | 0.00% |
| 8 | JPMorgan Chase Bank, National Association | 4 | $1.1M | $264K | 10.47% | 0.00% |
| 9 | MISSINGMAINBANKID | 3 | $4.9M | $1.6M | 5.25% | 0.00% |
| 10 | Regions Bank | 3 | $4.0M | $1.3M | 8.00% | 0.00% |
| 11 | Banesco USA | 3 | $7.7M | $2.5M | 5.83% | 0.00% |
| 12 | Bank of America, National Association | 3 | $610K | $203K | 11.17% | 0.00% |
| 13 | Newtek Small Business Finance, Inc. | 3 | $2.5M | $850K | 9.08% | 0.00% |
| 14 | Busey Bank | 3 | $6.4M | $2.1M | 9.42% | 0.00% |
| 15 | Security National Bank of Omaha | 2 | $2.3M | $1.2M | 10.25% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 424130. Charge-off rates are calculated on the FY2020–FY2023 cohort only.