Best SBA 7(a) lenders for janitorial services
NAICS 561720 — Janitorial Services.
2,945 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $765.9M.
Loans
2,945
Total $
$765.9M
Avg loan
$260K
Avg rate
9.50%
Avg term
120 mo
Industry chg-off rate
4.30%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 314 | $44.1M | $141K | 8.99% | 3.80% |
| 2 | United Midwest Savings Bank National Association | 250 | $39.5M | $158K | 8.79% | 8.78% |
| 3 | TD Bank, National Association | 205 | $21.1M | $103K | 10.93% | 10.00% |
| 4 | Wells Fargo Bank National Association | 127 | $19.8M | $156K | 10.56% | 3.45% |
| 5 | U.S. Bank, National Association | 126 | $19.2M | $152K | 8.85% | 3.51% |
| 6 | Northeast Bank | 117 | $14.9M | $128K | 10.80% | 12.50% |
| 7 | Newtek Bank, National Association | 115 | $27.6M | $240K | 11.78% | 0.00% |
| 8 | Readycap Lending, LLC | 111 | $20.1M | $181K | 12.58% | 8.33% |
| 9 | Manufacturers and Traders Trust Company | 105 | $11.7M | $111K | 11.01% | 1.85% |
| 10 | BayFirst National Bank | 100 | $16.7M | $167K | 11.50% | 8.33% |
| 11 | JPMorgan Chase Bank, National Association | 69 | $15.7M | $228K | 11.18% | 7.41% |
| 12 | Live Oak Banking Company | 65 | $46.7M | $719K | 8.72% | 0.00% |
| 13 | Eastern Bank | 50 | $3.2M | $65K | 9.44% | 0.00% |
| 14 | Bank of America, National Association | 48 | $15.9M | $330K | 7.26% | 0.00% |
| 15 | First Bank of the Lake | 40 | $11.8M | $296K | 10.82% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need and we'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
We never sell your data. You'll be connected only to lenders matching your criteria.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 561720. Charge-off rates are calculated on the FY2020–FY2023 cohort only.