Best SBA 7(a) lenders for petroleum and petroleum products merchant wholesalers (except bulk sta
NAICS 424720 — Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Sta.
88 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $69.7M.
Loans
88
Total $
$69.7M
Avg loan
$792K
Avg rate
7.79%
Avg term
155 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 | TD Bank, National Association | 6 | $935K | $156K | 10.98% | 0.00% |
| 2 | The Huntington National Bank | 5 | $4.4M | $874K | 7.20% | 0.00% |
| 3 | Wells Fargo Bank National Association | 5 | $1.2M | $237K | 9.51% | 0.00% |
| 4 | Newtek Small Business Finance, Inc. | 4 | $6.3M | $1.6M | 6.25% | 0.00% |
| 5 | Commercial Bank of California | 4 | $3.7M | $930K | 5.50% | 0.00% |
| 6 | Zions Bank, A Division of | 4 | $1.2M | $304K | 9.39% | 0.00% |
| 7 | Busey Bank | 3 | $3.2M | $1.1M | 6.00% | 0.00% |
| 8 | Central Bank | 2 | $5.3M | $2.7M | 6.38% | 0.00% |
| 9 | Bank of America, National Association | 2 | $2.5M | $1.2M | 6.52% | — |
| 10 | BayFirst National Bank | 2 | $211K | $106K | 10.50% | 0.00% |
| 11 | Rockland Trust Company | 2 | $1.8M | $903K | 8.63% | — |
| 12 | First Savings Bank | 2 | $451K | $225K | 1.50% | 0.00% |
| 13 | JPMorgan Chase Bank, National Association | 2 | $280K | $140K | 13.63% | — |
| 14 | First Commonwealth Bank | 2 | $2.0M | $995K | 4.88% | 0.00% |
| 15 | Live Oak Banking Company | 2 | $7.1M | $3.5M | 7.13% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 424720. Charge-off rates are calculated on the FY2020–FY2023 cohort only.