Best SBA 7(a) lenders for machine tool manufacturing
NAICS 333517 — Machine Tool Manufacturing.
110 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $55.4M.
Loans
110
Total $
$55.4M
Avg loan
$504K
Avg rate
7.99%
Avg term
121 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 | 19 | $6.6M | $348K | 7.32% | 0.00% |
| 2 | U.S. Bank, National Association | 8 | $4.8M | $603K | 8.65% | 0.00% |
| 3 | JPMorgan Chase Bank, National Association | 4 | $450K | $113K | 9.13% | 0.00% |
| 4 | KeyBank National Association | 3 | $2.6M | $860K | 6.92% | 0.00% |
| 5 | Wells Fargo Bank National Association | 2 | $1.5M | $728K | 9.53% | — |
| 6 | Bank of America, National Association | 2 | $2.2M | $1.1M | 5.29% | 0.00% |
| 7 | Celtic Bank Corporation | 2 | $250K | $125K | 10.75% | 0.00% |
| 8 | Central Bank | 2 | $1.8M | $904K | 10.50% | — |
| 9 | Brookline Bank, a Division of Beacon Bank and Trust | 2 | $585K | $293K | 10.00% | 0.00% |
| 10 | First Federal Savings Bank | 2 | $1.9M | $945K | 7.25% | 0.00% |
| 11 | Frandsen Bank and Trust | 2 | $973K | $487K | 7.75% | 0.00% |
| 12 | OakStar Bank | 2 | $300K | $150K | 8.50% | 0.00% |
| 13 | Live Oak Banking Company | 2 | $2.5M | $1.3M | 6.50% | 0.00% |
| 14 | Columbia Bank | 2 | $50K | $25K | 7.50% | 0.00% |
| 15 | Community National Bank & Trust of Texas | 2 | $1.4M | $724K | 7.50% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 333517. Charge-off rates are calculated on the FY2020–FY2023 cohort only.