Best SBA 7(a) lenders for offices of lawyers
NAICS 541110 — Offices of Lawyers.
3,121 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $1.09B.
Loans
3,121
Total $
$1.09B
Avg loan
$351K
Avg rate
8.76%
Avg term
146 mo
Industry chg-off rate
1.86%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 183 | $43.6M | $238K | 7.84% | 0.85% |
| 2 | Wells Fargo Bank National Association | 159 | $51.4M | $323K | 9.24% | 1.01% |
| 3 | TD Bank, National Association | 153 | $18.5M | $121K | 10.13% | 5.95% |
| 4 | Manufacturers and Traders Trust Company | 153 | $9.0M | $59K | 10.77% | 2.38% |
| 5 | U.S. Bank, National Association | 144 | $61.4M | $427K | 7.60% | 0.00% |
| 6 | JPMorgan Chase Bank, National Association | 133 | $43.9M | $330K | 9.38% | 3.23% |
| 7 | BayFirst National Bank | 131 | $22.0M | $168K | 10.63% | 4.23% |
| 8 | Readycap Lending, LLC | 112 | $30.4M | $272K | 11.29% | 3.45% |
| 9 | Newtek Bank, National Association | 107 | $32.2M | $301K | 11.45% | 0.00% |
| 10 | Bank of America, National Association | 105 | $46.9M | $446K | 7.06% | 0.00% |
| 11 | Northeast Bank | 98 | $16.7M | $170K | 10.72% | 0.00% |
| 12 | Eastern Bank | 61 | $4.6M | $76K | 8.72% | 2.70% |
| 13 | Celtic Bank Corporation | 56 | $11.6M | $208K | 9.25% | 3.03% |
| 14 | Cadence Bank | 55 | $19.2M | $350K | 9.25% | 6.45% |
| 15 | Columbia Bank | 49 | $5.9M | $120K | 9.47% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 541110. Charge-off rates are calculated on the FY2020–FY2023 cohort only.