Best SBA 7(a) lenders for school and employee bus transportation
NAICS 485410 — School and Employee Bus Transportation.
124 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $60.0M.
Loans
124
Total $
$60.0M
Avg loan
$484K
Avg rate
9.17%
Avg term
127 mo
Industry chg-off rate
4.44%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 24 | $1.7M | $70K | 11.45% | 0.00% |
| 2 | Manufacturers and Traders Trust Company | 10 | $1.5M | $149K | 10.65% | 50.00% |
| 3 | The Huntington National Bank | 9 | $1.9M | $212K | 8.71% | 0.00% |
| 4 | Northeast Bank | 9 | $2.0M | $222K | 10.19% | 0.00% |
| 5 | St. Mary's CU | 7 | $101K | $14K | 7.38% | 0.00% |
| 6 | Wells Fargo Bank National Association | 5 | $2.3M | $463K | 10.05% | 33.33% |
| 7 | Eastern Bank | 4 | $750K | $188K | 8.25% | 0.00% |
| 8 | JPMorgan Chase Bank, National Association | 4 | $1.6M | $394K | 9.94% | 0.00% |
| 9 | Bank of America, National Association | 3 | $2.4M | $798K | 8.75% | 0.00% |
| 10 | Brookline Bank, a Division of Beacon Bank and Trust | 3 | $151K | $50K | 9.27% | — |
| 11 | Newtek Small Business Finance, Inc. | 3 | $5.9M | $2.0M | 6.50% | 0.00% |
| 12 | Webster Bank National Association | 2 | $430K | $215K | 8.38% | 0.00% |
| 13 | Platinum Bank | 2 | $7.6M | $3.8M | 7.13% | 0.00% |
| 14 | Hanscom FCU | 2 | $360K | $180K | 8.75% | — |
| 15 | Fulton Bank, National Association | 2 | $4.9M | $2.4M | 9.00% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 485410. Charge-off rates are calculated on the FY2020–FY2023 cohort only.