Best SBA 7(a) lenders for sporting and recreational goods and supplies merchant wholesalers
NAICS 423910 — Sporting and Recreational Goods and Supplies Merchant Wholesalers.
538 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $289.3M.
Loans
538
Total $
$289.3M
Avg loan
$538K
Avg rate
8.54%
Avg term
125 mo
Industry chg-off rate
2.23%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 38 | $8.0M | $212K | 7.98% | 4.00% |
| 2 | The Huntington National Bank | 26 | $7.4M | $286K | 8.38% | 0.00% |
| 3 | Northeast Bank | 24 | $3.3M | $139K | 10.99% | 0.00% |
| 4 | BayFirst National Bank | 22 | $3.6M | $164K | 11.17% | 0.00% |
| 5 | TD Bank, National Association | 19 | $4.1M | $217K | 9.32% | 25.00% |
| 6 | Newtek Bank, National Association | 15 | $5.1M | $339K | 11.12% | 0.00% |
| 7 | Bank of America, National Association | 13 | $8.1M | $620K | 8.28% | 0.00% |
| 8 | JPMorgan Chase Bank, National Association | 13 | $2.8M | $215K | 10.03% | 14.29% |
| 9 | Zions Bank, A Division of | 12 | $4.1M | $339K | 7.99% | 16.67% |
| 10 | Wells Fargo Bank National Association | 12 | $3.1M | $258K | 9.07% | 0.00% |
| 11 | Newtek Small Business Finance, Inc. | 10 | $8.4M | $844K | 7.85% | 0.00% |
| 12 | Readycap Lending, LLC | 9 | $6.4M | $708K | 10.25% | 0.00% |
| 13 | Lendistry SBLC, LLC | 8 | $1.7M | $211K | 12.38% | 0.00% |
| 14 | PNC Bank, National Association | 7 | $2.6M | $377K | 9.39% | 0.00% |
| 15 | Celtic Bank Corporation | 7 | $736K | $105K | 10.36% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 423910. Charge-off rates are calculated on the FY2020–FY2023 cohort only.