Best SBA 7(a) lenders for baked goods stores
The top SBA 7(a) lenders for baked goods stores (NAICS 445291) are The Huntington National Bank, KeyBank National Association, Readycap Lending, LLC, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 758 loans totaling $365.0M to businesses in this industry. Average loan size: $482K. Average rate: 8.77%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.43%.
Loans
758
Total $
$365.0M
Avg loan
$482K
Avg rate
8.77%
Avg term
132 mo
Industry chg-off rate
1.43%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 82 | $21.9M | $267K | 8.73% | 1.72% |
| 2 | KeyBank National Association | 26 | $14.4M | $552K | 7.28% | 5.26% |
| 3 | Readycap Lending, LLC | 22 | $14.5M | $658K | 11.64% | 0.00% |
| 4 | Northeast Bank | 19 | $2.4M | $126K | 10.78% | — |
| 5 | Manufacturers and Traders Trust Company | 18 | $1.7M | $96K | 11.58% | 0.00% |
| 6 | BayFirst National Bank | 17 | $3.4M | $202K | 11.79% | 0.00% |
| 7 | Wells Fargo Bank National Association | 17 | $4.7M | $279K | 9.33% | 9.09% |
| 8 | Byline Bank | 14 | $9.5M | $680K | 8.07% | 0.00% |
| 9 | Live Oak Banking Company | 13 | $12.6M | $972K | 9.38% | 0.00% |
| 10 | U.S. Bank, National Association | 12 | $5.0M | $421K | 7.84% | 12.50% |
| 11 | Bank of Hope | 11 | $2.9M | $264K | 8.68% | 0.00% |
| 12 | JPMorgan Chase Bank, National Association | 10 | $4.2M | $418K | 10.50% | 0.00% |
| 13 | Union Bank and Trust Company | 9 | $4.4M | $487K | 8.08% | 0.00% |
| 14 | Cadence Bank | 9 | $2.8M | $313K | 8.81% | 0.00% |
| 15 | Zions Bank, A Division of | 8 | $1.2M | $144K | 8.00% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 445291. Charge-off rates are calculated on the FY2020–FY2023 cohort only.