Best SBA 7(a) lenders for automobile driving schools
NAICS 611692 — Automobile Driving Schools.
127 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $31.8M.
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.