Best SBA 7(a) lenders for meat and meat product merchant wholesalers
NAICS 424470 — Meat and Meat Product Merchant Wholesalers.
224 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $181.7M.
Loans
224
Total $
$181.7M
Avg loan
$811K
Avg rate
8.13%
Avg term
131 mo
Industry chg-off rate
2.04%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 17 | $2.5M | $148K | 9.63% | 16.67% |
| 2 | Manufacturers and Traders Trust Company | 11 | $895K | $81K | 9.73% | 0.00% |
| 3 | U.S. Bank, National Association | 11 | $3.5M | $319K | 7.90% | 0.00% |
| 4 | GBC International Bank | 10 | $17.6M | $1.8M | 6.78% | 0.00% |
| 5 | BayFirst National Bank | 9 | $1.6M | $180K | 10.72% | 0.00% |
| 6 | Newtek Bank, National Association | 8 | $6.3M | $783K | 10.91% | — |
| 7 | JPMorgan Chase Bank, National Association | 8 | $1.7M | $209K | 12.15% | 0.00% |
| 8 | Bank of America, National Association | 7 | $2.5M | $350K | 7.70% | 0.00% |
| 9 | Comerica Bank | 5 | $6.4M | $1.3M | 7.50% | 0.00% |
| 10 | Hanmi Bank | 4 | $2.0M | $508K | 7.31% | 0.00% |
| 11 | Live Oak Banking Company | 4 | $11.7M | $2.9M | 7.45% | 0.00% |
| 12 | American Bank | 4 | $1.2M | $303K | 6.06% | 0.00% |
| 13 | Webster Bank National Association | 4 | $5.5M | $1.4M | 7.08% | 0.00% |
| 14 | Northeast Bank | 4 | $1.4M | $353K | 10.44% | — |
| 15 | West Coast Community Bank | 4 | $4.4M | $1.1M | 7.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 424470. Charge-off rates are calculated on the FY2020–FY2023 cohort only.