Best SBA 7(a) lenders for drafting services
The top SBA 7(a) lenders for drafting services (NAICS 541340) are The Huntington National Bank, TD Bank, National Association, Wells Fargo Bank National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 87 loans totaling $22.7M to businesses in this industry. Average loan size: $261K. Average rate: 10.34%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
87
Total $
$22.7M
Avg loan
$261K
Avg rate
10.34%
Avg term
121 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 10 | $3.5M | $349K | 9.50% | 0.00% |
| 2 | TD Bank, National Association | 8 | $286K | $36K | 12.09% | 0.00% |
| 3 | Wells Fargo Bank National Association | 8 | $103K | $13K | 10.63% | 0.00% |
| 4 | Northeast Bank | 7 | $450K | $64K | 11.32% | — |
| 5 | JPMorgan Chase Bank, National Association | 5 | $1.6M | $322K | 8.95% | 0.00% |
| 6 | Readycap Lending, LLC | 5 | $871K | $174K | 13.00% | 0.00% |
| 7 | Newtek Bank, National Association | 4 | $2.6M | $663K | 11.13% | 0.00% |
| 8 | U.S. Bank, National Association | 4 | $170K | $43K | 10.62% | 0.00% |
| 9 | Lendistry SBLC, LLC | 3 | $351K | $117K | 13.00% | — |
| 10 | Cadence Bank | 3 | $921K | $307K | 10.75% | 0.00% |
| 11 | BayFirst National Bank | 3 | $357K | $119K | 11.75% | 0.00% |
| 12 | Manufacturers and Traders Trust Company | 2 | $902K | $451K | 8.00% | 0.00% |
| 13 | Minnesota Lakes Bank | 2 | $225K | $113K | 3.75% | 0.00% |
| 14 | Banco Popular de Puerto Rico | 2 | $26K | $13K | 14.13% | — |
| 15 | Banesco USA | 1 | $1.6M | $1.6M | 10.50% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 541340. Charge-off rates are calculated on the FY2020–FY2023 cohort only.