Best SBA 7(a) lenders for other electronic and precision equipment repair and maintenance
The top SBA 7(a) lenders for other electronic and precision equipment repair and maintenance (NAICS 811219) are Wells Fargo Bank National Association, The Huntington National Bank, Bank of America, National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 65 loans totaling $22.5M to businesses in this industry. Average loan size: $346K. Average rate: 6.10%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 1.54%.
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7 | $844K | $121K | 7.43% | 0.00% |
| 2 | The Huntington National Bank | 5 | $4.6M | $922K | 6.00% | 0.00% |
| 3 | Bank of America, National Association | 3 | $1.1M | $353K | 4.33% | 0.00% |
| 4 | Manufacturers and Traders Trust Company | 3 | $1.6M | $545K | 7.00% | 0.00% |
| 5 | Newtek Small Business Finance, Inc. | 3 | $625K | $208K | 6.00% | 0.00% |
| 6 | PNC Bank, National Association | 2 | $30K | $15K | 10.50% | 0.00% |
| 7 | Northwest Bank | 2 | $1.0M | $500K | 6.75% | 0.00% |
| 8 | SouthState Bank, National Association | 2 | $1.3M | $663K | 4.63% | 0.00% |
| 9 | Banco Popular de Puerto Rico | 2 | $400K | $200K | 5.25% | 0.00% |
| 10 | 21st Century Bank | 2 | $130K | $65K | 5.50% | 0.00% |
| 11 | Bank First, N.A. | 2 | $255K | $128K | 3.96% | 0.00% |
| 12 | Blue Ridge Bank National Association | 2 | $620K | $310K | 7.25% | 0.00% |
| 13 | Cadence Bank | 2 | $561K | $281K | 5.75% | 0.00% |
| 14 | First National Bank of Pennsylvania | 2 | $604K | $302K | 5.50% | 0.00% |
| 15 | Fifth Third Bank | 2 | $359K | $179K | 5.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 811219. Charge-off rates are calculated on the FY2020–FY2023 cohort only.