SBA LenderData

Best SBA 7(a) lenders for site preparation contractors

NAICS 238910 — Site Preparation Contractors.
2,085 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $776.6M.

Loans
2,085
Total $
$776.6M
Avg loan
$372K
Avg rate
8.63%
Avg term
111 mo
Industry chg-off rate
1.11%
FY20–FY23 cohort

Top 15 lenders in this industry

# Lender Loans Total $ Avg loan Avg rate Chg-off %
1 The Huntington National Bank 325 $51.9M $160K 8.11% 0.00%
2 U.S. Bank, National Association 171 $12.1M $71K 9.01% 1.10%
3 TD Bank, National Association 110 $18.0M $164K 10.07% 3.39%
4 Manufacturers and Traders Trust Company 93 $7.6M $81K 10.86% 0.00%
5 Northeast Bank 69 $13.9M $201K 10.65% 0.00%
6 Columbia Bank 44 $12.6M $286K 9.86% 4.55%
7 Wells Fargo Bank National Association 44 $8.9M $202K 10.65% 3.57%
8 Zions Bank, A Division of 38 $7.5M $197K 10.02% 0.00%
9 JPMorgan Chase Bank, National Association 36 $7.7M $215K 10.35% 0.00%
10 BayFirst National Bank 35 $5.9M $169K 11.70% 7.14%
11 Banner Bank 34 $8.2M $243K 8.20% 0.00%
12 Readycap Lending, LLC 34 $7.6M $224K 12.52% 0.00%
13 Newtek Small Business Finance, Inc. 23 $29.4M $1.3M 7.51% 0.00%
14 Newtek Bank, National Association 23 $17.4M $756K 11.07% 0.00%
15 Cadence Bank 23 $6.3M $275K 8.73% 7.69%

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Methodology

Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 238910. Charge-off rates are calculated on the FY2020–FY2023 cohort only.