Best SBA 7(a) lenders for medicinal and botanical manufacturing
NAICS 325411 — Medicinal and Botanical Manufacturing.
107 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $87.0M.
Loans
107
Total $
$87.0M
Avg loan
$813K
Avg rate
8.23%
Avg term
134 mo
Industry chg-off rate
3.03%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7 | $1.8M | $250K | 8.16% | 20.00% |
| 2 | CDC Small Business Finance Corp. | 6 | $1.2M | $202K | 11.00% | 33.33% |
| 3 | MISSINGMAINBANKID | 6 | $8.8M | $1.5M | 6.79% | 0.00% |
| 4 | Newtek Bank, National Association | 6 | $5.5M | $911K | 11.58% | 0.00% |
| 5 | Manufacturers and Traders Trust Company | 4 | $988K | $247K | 6.44% | 0.00% |
| 6 | Central Bank | 4 | $4.6M | $1.1M | 10.31% | — |
| 7 | Choice Financial Group | 4 | $3.5M | $875K | 4.75% | 0.00% |
| 8 | Provident Bank | 4 | $5.4M | $1.4M | 6.38% | 0.00% |
| 9 | InBank | 3 | $8.1M | $2.7M | 9.00% | — |
| 10 | Genisys CU | 3 | $5.4M | $1.8M | 8.58% | 0.00% |
| 11 | KeyBank National Association | 3 | $2.4M | $803K | 6.00% | 0.00% |
| 12 | The Huntington National Bank | 3 | $1.4M | $457K | 9.00% | 0.00% |
| 13 | Washington Trust Bank | 3 | $825K | $275K | 11.17% | 0.00% |
| 14 | Eastern Bank | 3 | $550K | $183K | 7.75% | 0.00% |
| 15 | BayFirst National Bank | 2 | $245K | $123K | 10.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 325411. Charge-off rates are calculated on the FY2020–FY2023 cohort only.