Best SBA 7(a) lenders for fruit and vegetable canning
NAICS 311421 — Fruit and Vegetable Canning.
51 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $14.3M.
Loans
51
Total $
$14.3M
Avg loan
$280K
Avg rate
8.85%
Avg term
120 mo
Industry chg-off rate
3.85%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | 6 | $1.3M | $208K | 11.58% | — |
| 2 | The Huntington National Bank | 5 | $307K | $61K | 7.55% | 0.00% |
| 3 | Woodlands National Bank | 3 | $1.1M | $383K | 4.23% | 0.00% |
| 4 | Lendistry SBLC, LLC | 3 | $217K | $72K | 12.83% | — |
| 5 | American Bank | 3 | $303K | $101K | 11.17% | — |
| 6 | CIBM Bank | 2 | $450K | $225K | 7.50% | 0.00% |
| 7 | Hancock Whitney Bank | 2 | $1.0M | $503K | 11.00% | — |
| 8 | Republic Bank & Trust Company | 2 | $678K | $339K | 7.67% | — |
| 9 | West Coast Community Bank | 2 | $472K | $236K | 10.75% | 0.00% |
| 10 | Citizens State Bank of La Crosse | 2 | $100K | $50K | 8.38% | 0.00% |
| 11 | City National Bank | 2 | $3.0M | $1.5M | 9.96% | — |
| 12 | Celtic Bank Corporation | 2 | $192K | $96K | 10.38% | 0.00% |
| 13 | CDC Small Business Finance Corp. | 1 | $89K | $89K | 6.75% | 100.00% |
| 14 | Foresight Bank | 1 | $350K | $350K | 6.45% | 0.00% |
| 15 | FirstBank | 1 | $2.0M | $2.0M | 4.25% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 311421. Charge-off rates are calculated on the FY2020–FY2023 cohort only.