Best SBA 7(a) lenders for home and garden equipment repair and maintenance
NAICS 811411 — Home and Garden Equipment Repair and Maintenance.
115 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $34.5M.
Loans
115
Total $
$34.5M
Avg loan
$300K
Avg rate
9.21%
Avg term
122 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 10 | $872K | $87K | 8.99% | 0.00% |
| 2 | U.S. Bank, National Association | 10 | $3.0M | $302K | 9.77% | 0.00% |
| 3 | Northeast Bank | 7 | $1.5M | $214K | 11.11% | — |
| 4 | Readycap Lending, LLC | 6 | $1.2M | $196K | 11.08% | 0.00% |
| 5 | TD Bank, National Association | 5 | $311K | $62K | 9.33% | 0.00% |
| 6 | Manufacturers and Traders Trust Company | 5 | $155K | $31K | 12.55% | 0.00% |
| 7 | Newtek Bank, National Association | 4 | $1.1M | $280K | 10.38% | — |
| 8 | CIBC Bank USA | 4 | $3.7M | $919K | 6.38% | 0.00% |
| 9 | Cadence Bank | 4 | $828K | $207K | 5.69% | 0.00% |
| 10 | BayFirst National Bank | 4 | $444K | $111K | 12.50% | 0.00% |
| 11 | ESL FCU | 3 | $170K | $57K | 8.58% | 0.00% |
| 12 | Magnifi Financial CU | 3 | $308K | $103K | 8.83% | 0.00% |
| 13 | Wells Fargo Bank National Association | 3 | $25K | $8K | 11.92% | 0.00% |
| 14 | CDC Small Business Finance Corp. | 2 | $150K | $75K | 10.75% | — |
| 15 | Cache Valley Bank | 2 | $400K | $200K | 10.00% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 811411. Charge-off rates are calculated on the FY2020–FY2023 cohort only.