Best SBA 7(a) lenders for electronic shopping
The top SBA 7(a) lenders for electronic shopping (NAICS 454111) are TD Bank, National Association, BayFirst National Bank, Columbia Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 220 loans totaling $31.9M to businesses in this industry. Average loan size: $145K. Average rate: 11.01%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 8.05%.
Loans
220
Total $
$31.9M
Avg loan
$145K
Avg rate
11.01%
Avg term
116 mo
Industry chg-off rate
8.05%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 173 | $15.9M | $92K | 11.55% | 5.71% |
| 2 | BayFirst National Bank | 28 | $3.7M | $133K | 10.51% | 22.22% |
| 3 | Columbia Bank | 3 | $1.9M | $638K | 8.00% | 0.00% |
| 4 | Five Star Bank | 3 | $1.0M | $333K | 6.00% | 0.00% |
| 5 | Midwest Regional Bank | 2 | $2.6M | $1.3M | 11.25% | — |
| 6 | Sunflower Bank National Association | 2 | $1.5M | $744K | 5.20% | 0.00% |
| 7 | Byline Bank | 1 | $985K | $985K | 5.50% | 0.00% |
| 8 | Capital One, National Association | 1 | $325K | $325K | 6.75% | 0.00% |
| 9 | Celtic Bank Corporation | 1 | $150K | $150K | 6.00% | 0.00% |
| 10 | Bank of America, National Association | 1 | $300K | $300K | 2.99% | 0.00% |
| 11 | Fountainhead SBF LLC | 1 | $764K | $764K | 9.25% | 0.00% |
| 12 | Newtek Small Business Finance, Inc. | 1 | $200K | $200K | 6.25% | 0.00% |
| 13 | Gulf Coast Bank and Trust Company | 1 | $1.6M | $1.6M | 6.00% | 0.00% |
| 14 | Village Bank and Trust, National Association | 1 | $250K | $250K | 6.50% | 0.00% |
| 15 | Western Alliance Bank | 1 | $746K | $746K | 4.50% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 454111. Charge-off rates are calculated on the FY2020–FY2023 cohort only.