Best SBA 7(a) lenders for residential mental retardation facilities
NAICS 623210 — Residential Mental Retardation Facilities.
173 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $126.9M.
Loans
173
Total $
$126.9M
Avg loan
$734K
Avg rate
8.31%
Avg term
204 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 | $1.4M | $131K | 10.05% | 0.00% |
| 2 | Peoples National Bank National Association | 7 | $9.6M | $1.4M | 7.79% | 0.00% |
| 3 | Live Oak Banking Company | 7 | $10.2M | $1.5M | 9.57% | — |
| 4 | Harvest Small Business Finance, LLC | 7 | $5.3M | $754K | 6.61% | 0.00% |
| 5 | Newtek Bank, National Association | 7 | $2.5M | $353K | 10.89% | 0.00% |
| 6 | Wells Fargo Bank National Association | 6 | $2.9M | $477K | 7.90% | 0.00% |
| 7 | First Bank | 6 | $3.4M | $559K | 5.50% | 0.00% |
| 8 | Columbia Bank | 6 | $4.3M | $713K | 7.00% | 0.00% |
| 9 | Newtek Small Business Finance, Inc. | 6 | $4.9M | $817K | 7.29% | 0.00% |
| 10 | CalPrivate Bank | 5 | $7.5M | $1.5M | 6.75% | 0.00% |
| 11 | Hiawatha National Bank | 5 | $2.9M | $587K | 6.25% | 0.00% |
| 12 | Northeast Bank | 4 | $4.4M | $1.1M | 9.63% | 0.00% |
| 13 | BMO Bank National Association | 4 | $5.1M | $1.3M | 6.59% | 0.00% |
| 14 | Manufacturers and Traders Trust Company | 4 | $2.6M | $654K | 9.31% | 0.00% |
| 15 | Celtic Bank Corporation | 4 | $3.7M | $923K | 9.25% | 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 623210. Charge-off rates are calculated on the FY2020–FY2023 cohort only.