Best SBA 7(a) lenders for residential mental health and substance abuse facilities
The top SBA 7(a) lenders for residential mental health and substance abuse facilities (NAICS 623220) are Live Oak Banking Company, The Huntington National Bank, Wells Fargo Bank National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 205 loans totaling $197.2M to businesses in this industry. Average loan size: $962K. Average rate: 8.82%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.01%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 19 | $28.0M | $1.5M | 10.39% | 0.00% |
| 2 | The Huntington National Bank | 18 | $3.1M | $173K | 7.57% | 7.69% |
| 3 | Wells Fargo Bank National Association | 14 | $2.3M | $161K | 12.26% | 0.00% |
| 4 | Newtek Bank, National Association | 12 | $10.1M | $840K | 11.29% | — |
| 5 | Manufacturers and Traders Trust Company | 8 | $295K | $37K | 11.25% | 0.00% |
| 6 | Celtic Bank Corporation | 8 | $11.8M | $1.5M | 7.66% | 0.00% |
| 7 | Newtek Small Business Finance, Inc. | 7 | $9.0M | $1.3M | 6.46% | 0.00% |
| 8 | Gulf Coast Bank and Trust Company | 6 | $6.5M | $1.1M | 8.50% | 0.00% |
| 9 | America First FCU | 6 | $8.8M | $1.5M | 7.58% | 0.00% |
| 10 | Hiawatha National Bank | 5 | $1.4M | $274K | 9.00% | — |
| 11 | Northeast Bank | 5 | $820K | $164K | 10.45% | — |
| 12 | LendingClub Bank, National Association | 4 | $9.6M | $2.4M | 8.25% | 0.00% |
| 13 | JPMorgan Chase Bank, National Association | 4 | $1.6M | $393K | 9.02% | 0.00% |
| 14 | East West Bank | 3 | $150K | $50K | 11.50% | — |
| 15 | Byline Bank | 3 | $2.4M | $809K | 9.17% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 623220. Charge-off rates are calculated on the FY2020–FY2023 cohort only.