Best SBA 7(a) lenders for convenience stores
NAICS 445120 — Convenience Stores.
743 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $368.5M.
Loans
743
Total $
$368.5M
Avg loan
$496K
Avg rate
6.10%
Avg term
183 mo
Industry chg-off rate
1.38%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Commonwealth Business Bank | 107 | $67.6M | $632K | 5.21% | 0.00% |
| 2 | TD Bank, National Association | 47 | $3.0M | $65K | 10.25% | 8.82% |
| 3 | The Huntington National Bank | 46 | $7.5M | $163K | 5.98% | 4.35% |
| 4 | Hanmi Bank | 25 | $15.2M | $606K | 5.32% | 0.00% |
| 5 | U.S. Bank, National Association | 24 | $7.6M | $315K | 5.92% | 4.17% |
| 6 | Columbia Bank | 15 | $6.4M | $426K | 6.52% | 0.00% |
| 7 | Eastern Bank | 15 | $2.3M | $154K | 7.06% | 0.00% |
| 8 | Metro City Bank | 15 | $13.3M | $885K | 4.70% | 0.00% |
| 9 | West Coast Community Bank | 13 | $6.6M | $508K | 5.92% | 0.00% |
| 10 | VelocitySBA, LLC | 12 | $9.7M | $804K | 5.46% | 8.33% |
| 11 | Wells Fargo Bank National Association | 12 | $960K | $80K | 8.77% | 8.33% |
| 12 | Bank of Hope | 12 | $3.8M | $315K | 5.35% | 0.00% |
| 13 | KeyBank National Association | 11 | $1.5M | $136K | 5.98% | 0.00% |
| 14 | Readycap Lending, LLC | 11 | $9.8M | $887K | 5.30% | 0.00% |
| 15 | Manufacturers and Traders Trust Company | 9 | $1.0M | $115K | 6.53% | 11.11% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 445120. Charge-off rates are calculated on the FY2020–FY2023 cohort only.