Best SBA 7(a) lenders for automobile driving schools
The top SBA 7(a) lenders for automobile driving schools (NAICS 611692) are The Huntington National Bank, TD Bank, National Association, Northeast Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 127 loans totaling $31.8M to businesses in this industry. Average loan size: $251K. Average rate: 9.14%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.00%.
Loans
127
Total $
$31.8M
Avg loan
$251K
Avg rate
9.14%
Avg term
125 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 | 11 | $1.2M | $106K | 7.66% | 0.00% |
| 2 | TD Bank, National Association | 11 | $1.7M | $157K | 9.14% | 0.00% |
| 3 | Northeast Bank | 9 | $1.0M | $113K | 10.61% | — |
| 4 | Celtic Bank Corporation | 6 | $712K | $119K | 8.08% | 0.00% |
| 5 | U.S. Bank, National Association | 5 | $1.5M | $291K | 8.66% | 0.00% |
| 6 | Wells Fargo Bank National Association | 5 | $451K | $90K | 10.12% | 0.00% |
| 7 | Columbia Bank | 4 | $657K | $164K | 6.69% | 0.00% |
| 8 | Readycap Lending, LLC | 4 | $332K | $83K | 11.44% | 0.00% |
| 9 | First Bank | 3 | $1.2M | $413K | 6.75% | 0.00% |
| 10 | Lendistry SBLC, LLC | 3 | $279K | $93K | 12.58% | — |
| 11 | Manufacturers and Traders Trust Company | 3 | $61K | $20K | 13.50% | 0.00% |
| 12 | Eastern Bank | 3 | $224K | $75K | 12.07% | 0.00% |
| 13 | Newtek Bank, National Association | 3 | $1.4M | $450K | 11.00% | — |
| 14 | JPMorgan Chase Bank, National Association | 3 | $1.7M | $567K | 10.94% | — |
| 15 | Zions Bank, A Division of | 3 | $325K | $108K | 10.00% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 611692. Charge-off rates are calculated on the FY2020–FY2023 cohort only.