Best SBA 7(a) lenders for electronics stores
NAICS 443142 — Electronics Stores.
159 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $61.4M.
Loans
159
Total $
$61.4M
Avg loan
$386K
Avg rate
7.04%
Avg term
130 mo
Industry chg-off rate
3.95%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 17 | $2.8M | $166K | 5.92% | 5.88% |
| 2 | TD Bank, National Association | 13 | $2.0M | $155K | 8.81% | 25.00% |
| 3 | U.S. Bank, National Association | 12 | $2.5M | $211K | 6.68% | 0.00% |
| 4 | BayFirst National Bank | 12 | $2.1M | $178K | 9.42% | 8.33% |
| 5 | Manufacturers and Traders Trust Company | 9 | $726K | $81K | 8.69% | 0.00% |
| 6 | Wells Fargo Bank National Association | 6 | $525K | $88K | 8.07% | 0.00% |
| 7 | Village Bank and Trust, National Association | 5 | $6.2M | $1.2M | 5.35% | 0.00% |
| 8 | Wilmington Savings Fund Society FSB | 3 | $643K | $214K | 5.93% | 0.00% |
| 9 | Newtek Small Business Finance, Inc. | 3 | $330K | $110K | 8.67% | 0.00% |
| 10 | Dime Community Bank | 3 | $7.4M | $2.5M | 5.75% | 0.00% |
| 11 | Columbia Bank | 3 | $787K | $262K | 6.33% | 0.00% |
| 12 | BMO Bank National Association | 3 | $925K | $308K | 6.58% | 0.00% |
| 13 | Harvest Small Business Finance, LLC | 2 | $1.5M | $752K | 6.00% | 0.00% |
| 14 | JPMorgan Chase Bank, National Association | 2 | $211K | $105K | 7.28% | 0.00% |
| 15 | Oriental Bank | 2 | $245K | $123K | 5.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 443142. Charge-off rates are calculated on the FY2020–FY2023 cohort only.