Best SBA 7(a) lenders for iron and steel pipe and tube manufacturing from purchased steel
NAICS 331210 — Iron and Steel Pipe and Tube Manufacturing from Purchased Steel.
83 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $67.6M.
Loans
83
Total $
$67.6M
Avg loan
$815K
Avg rate
8.15%
Avg term
133 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 | $8.3M | $521K | 8.39% | 0.00% |
| 2 | MISSINGMAINBANKID | 7 | $4.6M | $662K | 6.96% | 0.00% |
| 3 | Wells Fargo Bank National Association | 5 | $80K | $16K | 11.25% | 0.00% |
| 4 | U.S. Bank, National Association | 5 | $3.3M | $667K | 7.56% | 0.00% |
| 5 | CIBC Bank USA | 4 | $1.3M | $336K | 5.50% | 0.00% |
| 6 | Manufacturers and Traders Trust Company | 3 | $10.2M | $3.4M | 6.33% | 0.00% |
| 7 | First Bank | 3 | $3.5M | $1.2M | 6.33% | 0.00% |
| 8 | Newtek Small Business Finance, Inc. | 2 | $5.1M | $2.6M | 7.50% | 0.00% |
| 9 | Northeast Bank | 2 | $636K | $318K | 12.00% | — |
| 10 | Cache Valley Bank | 2 | $850K | $425K | 7.88% | 0.00% |
| 11 | American National Bank-Fox Cities | 2 | $922K | $461K | 8.50% | — |
| 12 | Leader Bank, National Association | 2 | $4.7M | $2.4M | 9.25% | — |
| 13 | Live Oak Banking Company | 2 | $1.9M | $972K | 10.63% | — |
| 14 | First Financial Bank | 2 | $2.4M | $1.2M | 8.47% | 0.00% |
| 15 | First Savings Bank | 2 | $1.5M | $748K | 6.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 331210. Charge-off rates are calculated on the FY2020–FY2023 cohort only.