Best SBA 7(a) lenders for all other personal services
The top SBA 7(a) lenders for all other personal services (NAICS 812990) are The Huntington National Bank, Readycap Lending, LLC, Wells Fargo Bank National Association, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 2,781 loans totaling $926.6M to businesses in this industry. Average loan size: $333K. Average rate: 9.39%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 2.83%.
Loans
2,781
Total $
$926.6M
Avg loan
$333K
Avg rate
9.39%
Avg term
130 mo
Industry chg-off rate
2.83%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 304 | $52.4M | $172K | 8.78% | 2.00% |
| 2 | Readycap Lending, LLC | 171 | $27.3M | $160K | 12.68% | 16.00% |
| 3 | Wells Fargo Bank National Association | 138 | $10.8M | $79K | 11.32% | 4.08% |
| 4 | BayFirst National Bank | 129 | $19.9M | $154K | 11.53% | 3.85% |
| 5 | Northeast Bank | 124 | $16.2M | $131K | 11.05% | — |
| 6 | TD Bank, National Association | 122 | $5.1M | $42K | 11.46% | 14.29% |
| 7 | U.S. Bank, National Association | 84 | $24.2M | $288K | 7.75% | 0.00% |
| 8 | Manufacturers and Traders Trust Company | 73 | $6.5M | $89K | 10.95% | 6.25% |
| 9 | Live Oak Banking Company | 70 | $66.8M | $954K | 8.41% | 0.00% |
| 10 | Cadence Bank | 70 | $19.8M | $283K | 9.56% | 3.13% |
| 11 | Newtek Bank, National Association | 56 | $16.0M | $285K | 12.05% | 0.00% |
| 12 | JPMorgan Chase Bank, National Association | 40 | $7.9M | $197K | 11.21% | 13.33% |
| 13 | Newtek Small Business Finance, Inc. | 39 | $8.0M | $204K | 7.44% | 0.00% |
| 14 | Celtic Bank Corporation | 38 | $9.0M | $236K | 10.18% | 9.09% |
| 15 | CDC Small Business Finance Corp. | 25 | $3.5M | $142K | 10.69% | 0.00% |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 812990. Charge-off rates are calculated on the FY2020–FY2023 cohort only.