Best SBA 7(a) lenders for offices of physicians, mental health specialists
NAICS 621112 — Offices of Physicians, Mental Health Specialists.
596 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $220.4M.
Loans
596
Total $
$220.4M
Avg loan
$370K
Avg rate
8.86%
Avg term
154 mo
Industry chg-off rate
1.72%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | 41 | $6.0M | $147K | 10.80% | 0.00% |
| 2 | The Huntington National Bank | 38 | $13.6M | $359K | 8.55% | 0.00% |
| 3 | Readycap Lending, LLC | 25 | $7.5M | $298K | 12.45% | 0.00% |
| 4 | Celtic Bank Corporation | 24 | $6.3M | $263K | 9.76% | 10.00% |
| 5 | JPMorgan Chase Bank, National Association | 24 | $5.9M | $246K | 10.24% | 0.00% |
| 6 | Manufacturers and Traders Trust Company | 23 | $2.2M | $94K | 11.11% | 0.00% |
| 7 | Wells Fargo Bank National Association | 22 | $9.6M | $435K | 7.06% | 0.00% |
| 8 | Bank of America, National Association | 22 | $8.9M | $403K | 6.01% | 0.00% |
| 9 | U.S. Bank, National Association | 18 | $17.3M | $962K | 7.43% | 8.33% |
| 10 | TD Bank, National Association | 16 | $1.9M | $119K | 9.59% | 0.00% |
| 11 | PNC Bank, National Association | 15 | $9.1M | $609K | 4.82% | 0.00% |
| 12 | Zions Bank, A Division of | 14 | $3.3M | $235K | 9.59% | 0.00% |
| 13 | Newtek Bank, National Association | 14 | $4.8M | $339K | 11.34% | 0.00% |
| 14 | BayFirst National Bank | 12 | $2.0M | $166K | 12.54% | 0.00% |
| 15 | Cadence Bank | 12 | $3.5M | $291K | 9.55% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 621112. Charge-off rates are calculated on the FY2020–FY2023 cohort only.