Best SBA 7(a) lenders for footwear merchant wholesalers
NAICS 424340 — Footwear Merchant Wholesalers.
50 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $39.3M.
Loans
50
Total $
$39.3M
Avg loan
$785K
Avg rate
9.16%
Avg term
139 mo
Industry chg-off rate
3.57%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 9 | $708K | $79K | 9.94% | 14.29% |
| 2 | Newtek Bank, National Association | 6 | $11.4M | $1.9M | 11.38% | — |
| 3 | Wells Fargo Bank National Association | 4 | $2.2M | $550K | 6.96% | 0.00% |
| 4 | JPMorgan Chase Bank, National Association | 3 | $675K | $225K | 9.93% | 0.00% |
| 5 | Zions Bank, A Division of | 3 | $450K | $150K | 8.67% | — |
| 6 | BayFirst National Bank | 2 | $300K | $150K | 12.63% | 0.00% |
| 7 | East West Bank | 2 | $800K | $400K | 7.38% | 0.00% |
| 8 | Citizens Bank, National Association | 2 | $815K | $408K | 2.75% | 0.00% |
| 9 | U.S. Bank, National Association | 2 | $300K | $150K | 6.92% | 0.00% |
| 10 | LendingClub Bank, National Association | 2 | $2.0M | $995K | 11.13% | 0.00% |
| 11 | Northeast Bank | 2 | $457K | $229K | 11.38% | — |
| 12 | Economic and Community Development Institute | 1 | $266K | $266K | 7.00% | 0.00% |
| 13 | Amerant Bank, National Association | 1 | $350K | $350K | 6.75% | 0.00% |
| 14 | Colony Bank | 1 | $150K | $150K | 11.50% | — |
| 15 | Bank of America, National Association | 1 | $995K | $995K | 6.14% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 424340. Charge-off rates are calculated on the FY2020–FY2023 cohort only.