Best SBA 7(a) lenders for other grocery and related products merchant wholesalers
NAICS 424490 — Other Grocery and Related Products Merchant Wholesalers.
800 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $394.3M.
Loans
800
Total $
$394.3M
Avg loan
$493K
Avg rate
9.03%
Avg term
121 mo
Industry chg-off rate
2.47%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 112 | $25.0M | $223K | 10.09% | 4.76% |
| 2 | The Huntington National Bank | 74 | $26.8M | $362K | 8.19% | 0.00% |
| 3 | Newtek Bank, National Association | 57 | $22.1M | $388K | 11.40% | 0.00% |
| 4 | U.S. Bank, National Association | 43 | $3.6M | $83K | 8.54% | 0.00% |
| 5 | JPMorgan Chase Bank, National Association | 39 | $9.3M | $238K | 10.00% | 5.26% |
| 6 | Manufacturers and Traders Trust Company | 34 | $5.1M | $151K | 10.08% | 10.00% |
| 7 | Wells Fargo Bank National Association | 29 | $5.9M | $204K | 9.61% | 5.26% |
| 8 | BayFirst National Bank | 25 | $3.5M | $141K | 11.87% | 0.00% |
| 9 | Bank of America, National Association | 22 | $7.5M | $340K | 7.44% | 0.00% |
| 10 | Northeast Bank | 20 | $3.6M | $178K | 10.90% | — |
| 11 | Lendistry SBLC, LLC | 14 | $2.5M | $179K | 12.34% | — |
| 12 | Cadence Bank | 12 | $8.4M | $696K | 7.33% | 0.00% |
| 13 | Newtek Small Business Finance, Inc. | 11 | $6.9M | $628K | 7.89% | 0.00% |
| 14 | Celtic Bank Corporation | 8 | $6.3M | $786K | 8.47% | 20.00% |
| 15 | CDC Small Business Finance Corp. | 7 | $887K | $127K | 10.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 424490. Charge-off rates are calculated on the FY2020–FY2023 cohort only.