Best SBA 7(a) lenders for other residential care facilities
The top SBA 7(a) lenders for other residential care facilities (NAICS 623990) are Columbia Bank, The Huntington National Bank, Manufacturers and Traders Trust Company, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 200 loans totaling $135.6M to businesses in this industry. Average loan size: $678K. Average rate: 8.61%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.84%.
Loans
200
Total $
$135.6M
Avg loan
$678K
Avg rate
8.61%
Avg term
202 mo
Industry chg-off rate
0.84%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Columbia Bank | 29 | $33.6M | $1.2M | 6.18% | 0.00% |
| 2 | The Huntington National Bank | 17 | $4.8M | $283K | 8.25% | 0.00% |
| 3 | Manufacturers and Traders Trust Company | 14 | $929K | $66K | 11.21% | 12.50% |
| 4 | Wells Fargo Bank National Association | 11 | $170K | $15K | 11.52% | 0.00% |
| 5 | Newtek Bank, National Association | 8 | $3.5M | $442K | 12.06% | 0.00% |
| 6 | Gesa CU | 7 | $8.3M | $1.2M | 8.04% | 0.00% |
| 7 | Celtic Bank Corporation | 7 | $12.3M | $1.8M | 6.64% | 0.00% |
| 8 | Live Oak Banking Company | 7 | $9.9M | $1.4M | 6.82% | 0.00% |
| 9 | First Savings Bank | 6 | $8.2M | $1.4M | 7.79% | 0.00% |
| 10 | Enterprise Bank & Trust | 6 | $7.7M | $1.3M | 4.92% | 0.00% |
| 11 | Harvest Small Business Finance, LLC | 5 | $3.1M | $614K | 10.90% | — |
| 12 | Northeast Bank | 5 | $495K | $99K | 10.90% | — |
| 13 | Readycap Lending, LLC | 4 | $2.0M | $499K | 11.69% | — |
| 14 | BayFirst National Bank | 4 | $440K | $110K | 11.19% | 0.00% |
| 15 | Coastal States Bank | 3 | $1.5M | $504K | 5.17% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 623990. Charge-off rates are calculated on the FY2020–FY2023 cohort only.