Best SBA 7(a) lenders for ice cream and frozen dessert manufacturing
NAICS 311520 — Ice Cream and Frozen Dessert Manufacturing.
185 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $66.1M.
Loans
185
Total $
$66.1M
Avg loan
$357K
Avg rate
9.41%
Avg term
127 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 | 16 | $4.2M | $260K | 10.27% | 0.00% |
| 2 | Newtek Small Business Finance, Inc. | 10 | $2.5M | $253K | 6.72% | 0.00% |
| 3 | Northeast Bank | 8 | $944K | $118K | 10.69% | — |
| 4 | TD Bank, National Association | 8 | $3.8M | $481K | 10.49% | 0.00% |
| 5 | BayFirst National Bank | 7 | $1.1M | $163K | 11.96% | 0.00% |
| 6 | Wells Fargo Bank National Association | 7 | $105K | $15K | 12.25% | 0.00% |
| 7 | Readycap Lending, LLC | 6 | $3.6M | $601K | 11.13% | 0.00% |
| 8 | Manufacturers and Traders Trust Company | 6 | $625K | $104K | 10.75% | 0.00% |
| 9 | Banco Popular de Puerto Rico | 6 | $782K | $130K | 9.63% | 0.00% |
| 10 | Cadence Bank | 5 | $2.0M | $400K | 10.65% | 0.00% |
| 11 | JPMorgan Chase Bank, National Association | 4 | $985K | $246K | 7.12% | 0.00% |
| 12 | Busey Bank | 4 | $1.9M | $465K | 9.19% | 0.00% |
| 13 | U.S. Bank, National Association | 4 | $103K | $26K | 8.37% | 0.00% |
| 14 | Newtek Bank, National Association | 4 | $1.7M | $416K | 11.13% | 0.00% |
| 15 | Celtic Bank Corporation | 3 | $607K | $202K | 10.42% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 311520. Charge-off rates are calculated on the FY2020–FY2023 cohort only.