Best SBA 7(a) lenders for security systems services (except locksmiths)
NAICS 561621 — Security Systems Services (except Locksmiths).
421 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $231.6M.
Loans
421
Total $
$231.6M
Avg loan
$550K
Avg rate
8.79%
Avg term
128 mo
Industry chg-off rate
1.37%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 32 | $3.1M | $96K | 10.00% | 6.25% |
| 2 | JPMorgan Chase Bank, National Association | 28 | $11.2M | $400K | 10.35% | 0.00% |
| 3 | BayFirst National Bank | 22 | $3.7M | $168K | 11.40% | 11.11% |
| 4 | The Huntington National Bank | 20 | $5.9M | $297K | 8.43% | 9.09% |
| 5 | Northeast Bank | 19 | $3.3M | $173K | 11.17% | — |
| 6 | Bank of America, National Association | 13 | $5.8M | $445K | 7.07% | 0.00% |
| 7 | Readycap Lending, LLC | 13 | $2.6M | $203K | 12.67% | 0.00% |
| 8 | Wells Fargo Bank National Association | 12 | $4.0M | $336K | 10.13% | 0.00% |
| 9 | Zions Bank, A Division of | 11 | $9.7M | $879K | 8.80% | 0.00% |
| 10 | Newtek Bank, National Association | 11 | $3.6M | $327K | 10.77% | — |
| 11 | Brookline Bank, a Division of Beacon Bank and Trust | 10 | $10.4M | $1.0M | 6.21% | 0.00% |
| 12 | Celtic Bank Corporation | 9 | $3.5M | $394K | 8.50% | 0.00% |
| 13 | U.S. Bank, National Association | 9 | $5.4M | $603K | 7.34% | 0.00% |
| 14 | Newtek Small Business Finance, Inc. | 7 | $6.9M | $992K | 7.86% | 0.00% |
| 15 | Salem Five Cents Savings Bank | 7 | $18.7M | $2.7M | 4.91% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 561621. Charge-off rates are calculated on the FY2020–FY2023 cohort only.