Best SBA 7(a) lenders for baked goods stores
NAICS 445291 — Baked Goods Stores.
758 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $365.0M.
Loans
758
Total $
$365.0M
Avg loan
$482K
Avg rate
8.77%
Avg term
132 mo
Industry chg-off rate
1.43%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 82 | $21.9M | $267K | 8.73% | 1.72% |
| 2 | KeyBank National Association | 26 | $14.4M | $552K | 7.28% | 5.26% |
| 3 | Readycap Lending, LLC | 22 | $14.5M | $658K | 11.64% | 0.00% |
| 4 | Northeast Bank | 19 | $2.4M | $126K | 10.78% | — |
| 5 | Manufacturers and Traders Trust Company | 18 | $1.7M | $96K | 11.58% | 0.00% |
| 6 | BayFirst National Bank | 17 | $3.4M | $202K | 11.79% | 0.00% |
| 7 | Wells Fargo Bank National Association | 17 | $4.7M | $279K | 9.33% | 9.09% |
| 8 | Byline Bank | 14 | $9.5M | $680K | 8.07% | 0.00% |
| 9 | Live Oak Banking Company | 13 | $12.6M | $972K | 9.38% | 0.00% |
| 10 | U.S. Bank, National Association | 12 | $5.0M | $421K | 7.84% | 12.50% |
| 11 | Bank of Hope | 11 | $2.9M | $264K | 8.68% | 0.00% |
| 12 | JPMorgan Chase Bank, National Association | 10 | $4.2M | $418K | 10.50% | 0.00% |
| 13 | Union Bank and Trust Company | 9 | $4.4M | $487K | 8.08% | 0.00% |
| 14 | Cadence Bank | 9 | $2.8M | $313K | 8.81% | 0.00% |
| 15 | Zions Bank, A Division of | 8 | $1.2M | $144K | 8.00% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 445291. Charge-off rates are calculated on the FY2020–FY2023 cohort only.