Best SBA 7(a) lenders for convenience stores
The top SBA 7(a) lenders for convenience stores (NAICS 445120) are Commonwealth Business Bank, TD Bank, National Association, The Huntington National Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 743 loans totaling $368.5M to businesses in this industry. Average loan size: $496K. Average rate: 6.10%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.38%.
Loans
743
Total $
$368.5M
Avg loan
$496K
Avg rate
6.10%
Avg term
183 mo
Industry chg-off rate
1.38%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Commonwealth Business Bank | 107 | $67.6M | $632K | 5.21% | 0.00% |
| 2 | TD Bank, National Association | 47 | $3.0M | $65K | 10.25% | 8.82% |
| 3 | The Huntington National Bank | 46 | $7.5M | $163K | 5.98% | 4.35% |
| 4 | Hanmi Bank | 25 | $15.2M | $606K | 5.32% | 0.00% |
| 5 | U.S. Bank, National Association | 24 | $7.6M | $315K | 5.92% | 4.17% |
| 6 | Columbia Bank | 15 | $6.4M | $426K | 6.52% | 0.00% |
| 7 | Eastern Bank | 15 | $2.3M | $154K | 7.06% | 0.00% |
| 8 | Metro City Bank | 15 | $13.3M | $885K | 4.70% | 0.00% |
| 9 | West Coast Community Bank | 13 | $6.6M | $508K | 5.92% | 0.00% |
| 10 | VelocitySBA, LLC | 12 | $9.7M | $804K | 5.46% | 8.33% |
| 11 | Wells Fargo Bank National Association | 12 | $960K | $80K | 8.77% | 8.33% |
| 12 | Bank of Hope | 12 | $3.8M | $315K | 5.35% | 0.00% |
| 13 | KeyBank National Association | 11 | $1.5M | $136K | 5.98% | 0.00% |
| 14 | Readycap Lending, LLC | 11 | $9.8M | $887K | 5.30% | 0.00% |
| 15 | Manufacturers and Traders Trust Company | 9 | $1.0M | $115K | 6.53% | 11.11% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 445120. Charge-off rates are calculated on the FY2020–FY2023 cohort only.