Best SBA 7(a) lenders for all other telecommunications
The top SBA 7(a) lenders for all other telecommunications (NAICS 517919) are Banco Popular de Puerto Rico, The Huntington National Bank, BayFirst National Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 117 loans totaling $89.4M to businesses in this industry. Average loan size: $764K. Average rate: 6.49%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.87%.
Loans
117
Total $
$89.4M
Avg loan
$764K
Avg rate
6.49%
Avg term
124 mo
Industry chg-off rate
0.87%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Banco Popular de Puerto Rico | 9 | $4.5M | $503K | 7.12% | 0.00% |
| 2 | The Huntington National Bank | 9 | $2.9M | $327K | 5.40% | 0.00% |
| 3 | BayFirst National Bank | 8 | $1.3M | $159K | 9.97% | 0.00% |
| 4 | Cadence Bank | 5 | $1.2M | $235K | 7.60% | 0.00% |
| 5 | Manufacturers and Traders Trust Company | 5 | $350K | $70K | 7.95% | 0.00% |
| 6 | CFBank National Association | 4 | $6.8M | $1.7M | 6.00% | 0.00% |
| 7 | Eastern Bank | 4 | $1.1M | $263K | 4.70% | 0.00% |
| 8 | Stearns Bank National Association | 4 | $1.6M | $388K | 6.69% | 0.00% |
| 9 | JPMorgan Chase Bank, National Association | 3 | $481K | $160K | 7.20% | 0.00% |
| 10 | Newtek Small Business Finance, Inc. | 3 | $9.0M | $3.0M | 6.50% | 0.00% |
| 11 | TD Bank, National Association | 3 | $524K | $175K | 6.68% | 0.00% |
| 12 | Live Oak Banking Company | 3 | $6.0M | $2.0M | 5.25% | 0.00% |
| 13 | Community Bank & Trust-West Georgia | 2 | $3.3M | $1.7M | 6.00% | 0.00% |
| 14 | Comerica Bank | 2 | $1.7M | $853K | 4.25% | 0.00% |
| 15 | Five Star Bank | 2 | $250K | $125K | 6.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 517919. Charge-off rates are calculated on the FY2020–FY2023 cohort only.