Best SBA 7(a) lenders for meat processed from carcasses
NAICS 311612 — Meat Processed from Carcasses.
133 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $101.1M.
Loans
133
Total $
$101.1M
Avg loan
$760K
Avg rate
7.71%
Avg term
154 mo
Industry chg-off rate
1.20%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 10 | $12.5M | $1.3M | 11.15% | — |
| 2 | U.S. Bank, National Association | 6 | $8.1M | $1.4M | 8.03% | 0.00% |
| 3 | Hiawatha National Bank | 4 | $1.1M | $285K | 8.63% | 0.00% |
| 4 | First Interstate Bank | 4 | $1.4M | $356K | 7.44% | 0.00% |
| 5 | TD Bank, National Association | 4 | $895K | $224K | 8.07% | 25.00% |
| 6 | The Huntington National Bank | 4 | $82K | $21K | 8.06% | 0.00% |
| 7 | Live Oak Banking Company | 3 | $2.1M | $703K | 10.00% | — |
| 8 | GBC International Bank | 3 | $2.2M | $729K | 7.25% | 0.00% |
| 9 | Readycap Lending, LLC | 3 | $5.2M | $1.7M | 9.42% | 0.00% |
| 10 | The Community Bank | 3 | $164K | $55K | 5.63% | 0.00% |
| 11 | Citizens National Bank of Cheboygan | 2 | $315K | $158K | 6.38% | 0.00% |
| 12 | Celtic Bank Corporation | 2 | $1.3M | $664K | 9.50% | 0.00% |
| 13 | Hancock Whitney Bank | 2 | $2.7M | $1.4M | 5.25% | 0.00% |
| 14 | Mountain America FCU | 2 | $225K | $112K | 10.38% | — |
| 15 | Nicolet National Bank | 2 | $3.0M | $1.5M | 4.50% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 311612. Charge-off rates are calculated on the FY2020–FY2023 cohort only.