Best SBA 7(a) lenders for general line grocery merchant wholesalers
NAICS 424410 — General Line Grocery Merchant Wholesalers.
453 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $309.3M.
Loans
453
Total $
$309.3M
Avg loan
$683K
Avg rate
8.94%
Avg term
128 mo
Industry chg-off rate
3.77%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 34 | $5.5M | $163K | 9.49% | 16.67% |
| 2 | JPMorgan Chase Bank, National Association | 24 | $6.2M | $260K | 9.61% | 12.50% |
| 3 | Northeast Bank | 23 | $5.5M | $237K | 11.03% | — |
| 4 | Newtek Bank, National Association | 21 | $16.7M | $795K | 11.68% | 0.00% |
| 5 | The Huntington National Bank | 20 | $2.9M | $146K | 9.24% | 0.00% |
| 6 | Manufacturers and Traders Trust Company | 13 | $1.3M | $99K | 10.60% | 0.00% |
| 7 | Bank of Hope | 12 | $2.9M | $240K | 8.58% | 0.00% |
| 8 | Live Oak Banking Company | 12 | $18.2M | $1.5M | 8.66% | 0.00% |
| 9 | Wells Fargo Bank National Association | 11 | $11.4M | $1.0M | 9.18% | 0.00% |
| 10 | Bank of America, National Association | 11 | $5.6M | $513K | 8.05% | 0.00% |
| 11 | BayFirst National Bank | 10 | $2.1M | $214K | 11.22% | 0.00% |
| 12 | Newtek Small Business Finance, Inc. | 10 | $12.5M | $1.3M | 7.70% | 0.00% |
| 13 | U.S. Bank, National Association | 10 | $1.3M | $128K | 8.66% | 0.00% |
| 14 | Byline Bank | 8 | $18.2M | $2.3M | 7.66% | 0.00% |
| 15 | Celtic Bank Corporation | 7 | $3.6M | $511K | 10.71% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 424410. Charge-off rates are calculated on the FY2020–FY2023 cohort only.