Best SBA 7(a) lenders for sawmills
NAICS 321113 — Sawmills.
94 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $64.9M.
Loans
94
Total $
$64.9M
Avg loan
$690K
Avg rate
7.42%
Avg term
117 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 8 | $3.5M | $435K | 8.58% | 0.00% |
| 2 | Fusion Bank | 5 | $4.8M | $968K | 7.30% | 0.00% |
| 3 | Hawthorn Bank | 5 | $1.1M | $229K | 5.87% | 0.00% |
| 4 | Wells Fargo Bank National Association | 5 | $7.0M | $1.4M | 5.95% | 0.00% |
| 5 | U.S. Bank, National Association | 4 | $87K | $22K | 9.44% | 0.00% |
| 6 | The Commercial and Savings Bank of Millersburg, Ohio | 4 | $2.5M | $625K | 5.75% | 0.00% |
| 7 | Byline Bank | 4 | $3.8M | $940K | 9.25% | 0.00% |
| 8 | Peoples Bank | 4 | $2.1M | $528K | 7.16% | 0.00% |
| 9 | Manufacturers and Traders Trust Company | 3 | $148K | $49K | 11.08% | 0.00% |
| 10 | OakStar Bank | 3 | $707K | $236K | 7.33% | 0.00% |
| 11 | The Park National Bank | 3 | $2.9M | $963K | 5.05% | 0.00% |
| 12 | First National Bank of Pennsylvania | 2 | $2.8M | $1.4M | 6.67% | 0.00% |
| 13 | Consumers National Bank | 2 | $596K | $298K | 4.50% | 0.00% |
| 14 | Readycap Lending, LLC | 2 | $5.0M | $2.5M | 12.25% | — |
| 15 | Peoples Trust Company of St. Albans | 2 | $279K | $140K | 5.67% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 321113. Charge-off rates are calculated on the FY2020–FY2023 cohort only.