Best SBA 7(a) lenders for welding and soldering equipment manufacturing
NAICS 333992 — Welding and Soldering Equipment Manufacturing.
120 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $34.8M.
Loans
120
Total $
$34.8M
Avg loan
$290K
Avg rate
9.07%
Avg term
121 mo
Industry chg-off rate
1.69%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 16 | $1.8M | $113K | 8.36% | 0.00% |
| 2 | Wells Fargo Bank National Association | 13 | $210K | $16K | 12.33% | 0.00% |
| 3 | U.S. Bank, National Association | 5 | $290K | $58K | 9.59% | 0.00% |
| 4 | TD Bank, National Association | 5 | $372K | $74K | 11.75% | 0.00% |
| 5 | Columbia Bank | 4 | $200K | $50K | 13.00% | — |
| 6 | Northeast Bank | 4 | $559K | $140K | 10.44% | — |
| 7 | First National Bank of Pennsylvania | 3 | $1.3M | $433K | 6.42% | 0.00% |
| 8 | First Bank & Trust | 3 | $1.1M | $354K | 8.83% | — |
| 9 | OakStar Bank | 3 | $1.9M | $631K | 10.25% | — |
| 10 | Manufacturers and Traders Trust Company | 3 | $60K | $20K | 13.58% | 0.00% |
| 11 | First National Bank Texas | 3 | $123K | $41K | 8.45% | 0.00% |
| 12 | Heritage Bank, National Association | 2 | $1.1M | $567K | 7.13% | 0.00% |
| 13 | CIBC Bank USA | 2 | $3.5M | $1.7M | 8.50% | — |
| 14 | PNC Bank, National Association | 2 | $70K | $35K | 10.45% | 0.00% |
| 15 | North Brookfield Savings Bank | 2 | $278K | $139K | 8.88% | — |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 333992. Charge-off rates are calculated on the FY2020–FY2023 cohort only.